Address
1603 E Main Street, Richmond, KY
Price
$ 585,000
Property Attributes
- MLS#26022250
- TypeCommercial
- Listing Status Active
- CountyMADISON
- CityRichmond
- Area008 - Madison County
- NeighborhoodCommercial
- Zip40475
- StyleMixed Use
- Price$ 585,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.71 Acres
Data Source:
ImagineMLS
Property 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 vision—there are numerous business possibilities for this unique commercial property!
| Price History | |
|---|---|
| 8/16/2026 | Listed $585,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Heat Pump |
| Possession | Close Of Escrow |
| Zoning | B-3 |
| Construction Materials | Brick,Stone,Vinyl Siding |
| Year Built | 9999 |
| Property Subtype | Mixed Use |
| Parcel Number | R010-0020-0006 |
| Business Type | Commercial |
| County | Madison |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Subdivision Name | Commercial |
| Building Features | Wood Flooring,Concrete Floor |
| Status | Active |
| Directions | From I-75 S take exit 90A. Turn right onto US-25/US-421/Lex Rd. continuing onto West Main St. and then to East Main St. Turn left onto East Main St/Irvine Rd./US-52. The property will be on your left |
| City | Richmond |
| MLS Area | 008 - Madison County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 30927.6 |
| Land Lease Y/N | No |
| MLS Area Minor | 008 - Madison County |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Sewer_co_Public_sp_Sewer | True |
| Water Body Access Y/N | None |
| Accessibility Features Y/N | None |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
Exterior Features
| Parking Features | On Site,Paved |
|---|---|
| Lot Size Area | 0.71 |
| Number of Buildings | 2 |
| Building Area Total | 1629.0 |
| Lot Size Acres | 0.71 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
| ExteriorFeatures@Core.Permissions | None |
Amenities
- 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
Price
Data last updated: September 26, 2026 3:37 AM UTC and updating occurs daily
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than eXp Realty in Kentucky are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
© 2026 Metro Search, Inc.
