Listing provided courtesy of CENTURY 21 Advantage Realty- MLS# 26008401
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1305 Lancaster RoadRichmond, KY 40475
Commercial · 5,571 Sq. ft. | 0.88 Acres$475,000
Active
1305 Lancaster Road Overview
- Time on Site:
- 71 days
- Visits:
- 9
Unlock the potential of the versatile mixed-use property, perfectly designed for both business and residential living. The main level features well-appointed commercial office space with excellent visibility and accessibility. Ideal for a professional services, retail, or small business seeking a prime location (backs up to the new Model school being built, close to EKU campus). Upstairs a private residential apartment offers comfortable living quarters (3-bedroom, 2 bath) complete with its own entrance, making it perfect for an owner-occupant, rental income, or live-work flexibility. The first floor was used as the owner's dental practice. The basement has another partially unfinished apartment currently being used for storage (could be renovated to make another large apartment or business use). At this time, upstairs apartment uses window AC units to cool. Apartment needs new HVAC unit. Huge 3 car garage and large possible room (needs to be finished) above the garage. All dentist equipment will be removed.
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1305 Lancaster Road Facts & Features
- Type Commercial
- Sq. ft. 5,571
- Price/Sq.ft. $85
- Lot 0.88 Acres
Details
General
Income/Expenses
- Existing Lease Type: None
Building Information
- Year Built: 1983
Business Information
- Business Name: Great Grins Dentistry
- Business Type: Mixed,Professional Service,Professional/Office
Location/Region
- County Or Parish: Madison
- MLS Area Major: 008 - Madison County
- MLS Area Minor: 008 - Madison County
- Subdivision Name: Commercial
General Information
- Listing Terms: Cash,Conventional
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- Zoning: Other
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Total: 5571.0
- Building Area Units: Square Feet
General Information
- Living Area: 5571.0
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Stories Total: 3
Exterior
Parking Information
- Parking Features: Paved,Open
- Parking Total: 10.0
Lot Information
- Lot Size Acres: 0.88
- Lot Size Area: 0.88
- Lot Size Square Feet: 38333.0
- Lot Size Units: Acres
- Number Of Buildings: 1
Building Exterior/Construction
- Attached Garage: false
General Information
- Sewer: Septic Tank
1305 Lancaster Road Neighborhood
Community
40475 (Richmond) Demographics
33
Median Age
229
Population Density (per sq. mile)
46%
College Educated
$52,109
Estimated Median Income
13,869
Estimated Total Home Owners
9,853
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1305 Lancaster Road Monthly Cost
1305 Lancaster Road Market Data
Based on the last 30 days in this zip code
$422,094
Average List Price
$187
Average Price per Square Foot
74
Properties Sold
66
Average Days on Market
363
Properties for Sale
1305 Lancaster Road History
| Date | Value | Agent |
|---|---|---|
| 4/19/2026Source: Imagine MLS/Bluegrass | April 19, 2026 |