$585,000
( $359.12Per Sq Foot )
 $3,322 est/mo Sourced by Back At You

1603 E Main Street,Richmond, KY 40475

Richmond, KY 40475

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Description

Discover the possibilities with this versatile commercial property conveniently located near downtown Richmond, the Robert R. Martin Bypass, US-25, US-52, and Eastern Kentucky University. Offering excellent road frontage, a large parking area, and approximately (+/- 1.15) acres total, this property provides plenty of flexibility for a variety of business ventures. The main building, originally operated as a gas station, offers a unique layout featuring a front office/reception area and a spacious three-bay garage, making it well suited for automotive, service, retail, or other commercial uses. Adding to its character, the men's and women's restrooms have exterior entrances, consistent with the building's original gas station design and era. A separate 12' x 33' mobile office building provides additional workspace and includes an office area and convenient break area. Most recently, the property was utilized as a used car lot, and the expansive parking area and generous road frontage lend themselves well to similar or entirely new business concepts. The two buildings are situated on approximately (+/-0.71) acres, with an additional (+/-0.44) acre lot located behind the buildings included in the sale, offering added space and future potential. With its convenient Richmond location, ample parking, multiple buildings, garage space, and additional acreage, this property presents an exciting opportunity for an entrepreneur, investor, or growing business. Bring your visionthere are numerous business possibilities for this unique commercial property!

Details

MLS #26022250
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year9999
Days On Site33
Listing Provided ByKeller Williams Legacy Group | Tina Witt

Features

SQ Feet1,629
Building(s)2
ZoningB-3
Acreage0.71

Interior

CoolingHeat Pump
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Construction MaterialsBrick, Stone, Vinyl Siding

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Paved

Utilities

SewerPublic Sewer

Area Information

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$585,000
low | high
Med:
$79,450
100% of Average
sqft:
1,629
low | high
Med:
1,968
29.189686924494% of Average
$ / sqft:
$359
low | high
Med:
$48
100% of Average
On site:
33
low | high
Med:
230.5
14.316702819957% of Average
Sourced by Back At You

Market Activity 40475

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Learn More About This Property

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameCommercial
Listing VS Median (in Commercial)
Price:
$585,000
low | high
Med:
$79,450
100% of Average
sqft:
1,629
low | high
Med:
1,968
29.189686924494% of Average
$ / sqft:
$359
low | high
Med:
$48
100% of Average
On site:
33
low | high
Med:
230.5
14.316702819957% of Average
Sourced by Back At You
Listing Updated: August 16, 2026 at 5:12:52 PM PDT