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$1,999,000
26011603 MLS
Strategically positioned commercial property featuring approximately 3.533± acres with existing improvements, large paved parking areas, utility infrastructure, and significant redevelopment potential. Located within an established commercial corridor in Richmond, Kentucky, this property offers exceptional flexibility for commercial investment, adaptive reuse, mixed commercial applications, or future development. Excellent visibility, accessibility, and proximity to major retail and transportation routes enhance the long-term value and opportunity of this unique offering. Seller will entertain NNN lease options.

101 Hi Ln Dr, Richmond
$235,000
4 Beds ⋅ 2 Baths ⋅ 26010674 MLS
216 Valley Street offers the opportunity to acquire a fully occupied, income-producing, value-add duplex in the heart of Richmond, Kentucky. Located just off the Richmond Bypass near a major retail corridor, the property benefits from strong rental demand and limited multifamily inventory in the area. The property features two 2-bedroom, 1-bath units totaling 4 bedrooms and 2 full baths. Both units include washer/dryer hookups, vinyl windows approximately six years old, LVP flooring throughout, and ceiling cable heat with window A/C units. The upper unit also features an updated kitchen. Recent improvements include a new roof in 2023 and driveway repairs completed in 2026. Currently 100% occupied, the property generates approximately $16,200 in annual gross rental income with rents offering continued investment stability. With low operating expenses and an estimated NOI of approximately $10,039 annually, 216 Valley Street presents a strong opportunity to acquire a stabilized multifamily asset in a high-demand Richmond location. 216 Valley Street and adjacent 214 Valley Street may be purchased together as a multifamily portfolio, with a negotiated portfolio price available for buyers acquiring both properties.

216 Valley St, Richmond
$235,000
4 Beds ⋅ 2 Baths ⋅ 26010673 MLS
214 Valley Street offers the opportunity to acquire a fully occupied, income-producing, value-add duplex in the heart of Richmond, Kentucky. Located just off the Richmond Bypass near a major retail corridor, the property benefits from strong rental demand and limited multifamily inventory in the area. The property features two 2-bedroom, 1-bath units totaling 4 bedrooms and 2 full baths. Both units include central heat and air, washer/dryer hookups, vinyl windows approximately six years old, and carpet and vinyl flooring throughout. Recent improvements include a new roof in 2023, new eaves in 2026, and driveway repairs completed in 2026. Currently 100% occupied, the property generates approximately $12,600 in annual gross rental income with below-market rents, offering future upside potential for investors. With low operating expenses and an estimated NOI of approximately $7,481 annually, 214 Valley Street presents a strong opportunity to acquire a stabilized multifamily asset in a high-demand Richmond location. 214 Valley Street and adjacent 216 Valley Street may be purchased together as a multifamily portfolio, with a negotiated portfolio price available for buyers acquiring both properties.

214 Valley St, Richmond
$440,000
26008401 MLS
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.

1305 Lancaster Rd, Richmond
$2,650,000
26015525 MLS
HIGH TRAFFIC UNIVERSITY CITY-PRIME COMMERCIAL/ RESTAURANT - NNN LEASE - Impeccably and very recently renovated restaurant. The property is leased on a triple net basis to Parlour Pizza, a growing regional restaurant operator with multiple locations in Kentucky and Indiana. High visibility directly off I-75 (appx 65,000 VPD) on the Eastern Bypass (major commercial corridor, appx 30,000 VPD) Surrounded by national retailers, hotels and student housing, this property benefits from strong local and visitor traffic, making it a prime location. Other details available upon request and with a signed confidentiality agreement.

241 Eastern Byp, Richmond
$699,000
26005338 MLS
Rare opportunity to acquire a multi-parcel assemblage (Lots 8-12) in a high-traffic, high-growth corridor. Zoned B-3, this property offers maximum flexibility for a wide range of commercial uses, making it ideal for developers, investors, and end users seeking visibility and accessibility. Multiple contiguous lots (8-12), excellent road frontage on Big Hill Avenue, high-traffic location with strong visibility, existing structures provide income or redevelopment potential, utilities available, and surrounded by residential density and established businesses. Ideal for a drive-thru restaurant or coffee concept, retail strip center, automotive or service-based business, office or medical development, or a multi-use commercial project. B-3 opportunities with this layout and frontage are rare in Richmond.

351-363 Big Hill Ave, Richmond