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$649,000
26023198 MLS
Versatile Commercial Opportunity in a Convenient Richmond Location! Currently the home of Trinity Church PCA, this established facility offers an excellent opportunity for an organization, business, ministry, or investor seeking a property with flexible potential. The existing layout is well-suited for a variety of uses, including a church or ministry, daycare or preschool, nonprofit or community organization, counseling or wellness practice, educational or training center, meeting/event space, recovery or support organization, fitness or studio space, or professional office use. The property offers the advantage of an existing facility designed for gathering, teaching, meetings, and community use, providing a strong starting point for a new owner to adapt the space to their specific needs. Its Richmond location and accessibility make it a practical option for organizations looking to establish or expand their presence in the area. Whether you're searching for a new home for your congregation, a community-focused organization, an educational program, or a business requiring flexible gathering and office space, **315 Spangler Drive is a property worth exploring.** Bring your vision and consider the possibilities this unique commercial property has to offer. Zoned B-3 - Buyers are encouraged to verify zoning, permitted uses, and all applicable requirements for their intended use.

315 Spangler Dr, Richmond

$585,000
26022250 MLS
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!

1603 E Main St, Richmond

$1,250,000
26019691 MLS
Rare opportunity to own one of Central Kentucky's most extraordinary riverfront estates. Situated on 58± acres with over 1,700 feet of Kentucky River frontage, this exceptional property seamlessly combines luxury living, agricultural versatility, and commercial opportunity—all just minutes from I-75. The custom-built 3,300± sq. ft. residence was thoughtfully designed for efficiency and longevity with 2x6 exterior wall construction, geothermal heating and cooling, Andersen windows, a cozy propane fireplace, an oversized 3-car attached garage, and a full unfinished walkout basement complete with its own private driveway, offering endless possibilities for future expansion or multi-generational living. For entrepreneurs, contractors, collectors, or serious hobbyists, the impressive 123' x 50' heated commercial shop is a standout feature. It includes office space, a half bath, 220-volt electrical service with a phase converter, separate utilities, and is grandfathered with Madison County Planning & Zoning for commercial use. The building has successfully operated as a large machine repair business, making it a rare opportunity to continue commercial operations while enjoying the privacy of a country estate. Additional improvements include a beautifully constructed 60' x 35' cedar barn complete with loft, water, and electric service. The property is fully equipped for livestock with nearly one mile of metal pipe fencing and currently supports approximately 18-20 head of cattle. Outdoor enthusiasts will appreciate the private concrete boat ramp, allowing direct access to the Kentucky River for boating, fishing, kayaking, and recreation. A gated electronic entrance provides security and privacy, while the location offers exceptional convenience for both business and travel. Approximate drive times include: Blue Grass Airport (Lexington): 40-45 minutes Cincinnati/Northern Kentucky International Airport: approximately 1 hour 45 minutes Louisville Muhammad Ali International Airport: approximately 1 hour 45-50 minutes McGhee Tyson Airport (Knoxville): approximately 2½ hours Whether you're searching for a private estate, working farm, equestrian property, commercial headquarters, or an investment with unmatched versatility, 3700 River Drive offers an opportunity rarely found in today's market.

3700 River 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

$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