229 Churchill Drive Richmond, KY
$ 400,000
Property Attributes
  • MLS#20017053
  • TypeCommercial
  • CountyMADISON
  • CityRichmond
  • Area008 - Madison County
  • NeighborhoodBluegrass Jct
  • Zip40475
  • StyleProfessional/Office
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5528
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
ERA Professional Hometown Services
Data Source:
Lexington Bluegrass MLS (LBAR)
Property Description

Well maintained office building available for Sale or Lease that presents an ideal opportunity for an Owner/User to own & operate, while generating rental income through sale/partial leaseback + offering additional vacancies for lease-Ideal for real estate office, medical office, daycare, veterinary clinic, etc. -Sale/Partial Lease Back Opportunity: Seller is looking to lease the walk out ground floor suite that they currently occupy (1,237 SF) for a period of 2 years (negotiable) upon closing -Value-add opportunity through finishing the portion of the 2nd floor that is currently unfinished -The building consists of 5,528 total SF, with a 1,237 SF basement, 2,966 SF on the first level, and 1,323 SF on the second level -Basement Level: Occupied by Owner and consists of three private offices and a bathroom-First Level: 8 offices, a conference room, copy room, storage area, and three bathrooms. -Second Level: Split up into two sections, one of which is unfinished and the finished section consists of 3 offices, a conference room, kitchenette, and 2 bathrooms-There are multiple ingress/egress points making the building easily divisible for multiple tenants

Price History
9/8/2020 Listed $400,000

General Features

Area 008 - Madison County
Business Type Professional/Office
City Richmond
Construction Materials Brick
County Madison
Directions Churchill Drive right off exit 90-B
Geo Lat 37.772724
Geo Lon -84.318373
Listing Member Name Dianna C Ackerman
Listingofficephone (859) 626-8372
Parking 11 - 20 Spaces
Possession Negotiable
Property Type C
Sale/lease Includes Buildings, Land
Sewer Public Sewer
Status Active
Street Name Churchill
Subdivision Bluegrass Jct
Tax Rate $11.25 per $1000
Terms Sale
Utilities Telephone
Water Water Connected
Year Built 9999

Interior Features

Ceiling Dropped
Floor Type Partially Carpeted, Tile/Brick
Miscellaneous Features Air Conditioning, Hot Water Heater, Security Alarm
Stories Three

Exterior Features

Docks None
Lot Size Acres 0.3600
Lot Size Square Feet 15681.61
Mls Identifier 20180201170722572567000000
Number of Buildings 1
Sewer Sewer Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 40475

AVG $680K
AVG 101
AVG 38
Data Provided by Walkscore ® not using MLS data

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