About 1305 Lancaster Road
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.
Commercial Sale property for sale in Richmond, KY at 1305 Lancaster Road. This Commercial Sale property is priced at $79/sqft
Facts & Features of 1305 Lancaster Road
| MLS® # | 26008401 |
|---|---|
| Price | $440,000 |
| Square Footage | 5,571 |
| Acres | 0.88 |
| Year Built | 1983 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Pending |
Community Information of 1305 Lancaster Road
| Address | 1305 Lancaster Road |
|---|---|
| Area | 008 - Madison County |
| Subdivision | Commercial |
| City | Richmond |
| County | Madison |
| State | KY |
| Zip Code | 40475 |
Amenities of 1305 Lancaster Road
| Parking Spaces | 10 |
|---|---|
| Parking | Paved, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior of 1305 Lancaster Road
| Heating | Electric |
|---|---|
| Cooling | Multi Units, Window Unit(s) |
| Fireplace | No |
| # of Stories | 3 |
| Basement | Partially Finished, Walk-Out Access |
| Primary Suite On Main floor | No |
Additional Information On 1305 Lancaster Road
| Date Listed | March 24th, 2026 |
|---|---|
| Zoning | P-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details On 1305 Lancaster Road
| Office | CENTURY 21 Advantage Realty |
|---|