$450,000
( $102.13Per Sq Foot )
 $2,555 est/mo Sourced by Back At You

301 Steep Street,Richmond, KY 40475

Richmond, KY 40475

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Description

Prime multi-use property located inside the city limits of Richmond, KY, offering excellent investment potential. Currently vacant, this property is ready for immediate occupancy and income generation. The rear portion features a one-bedroom apartment and a two-car garage, creating opportunities for rental income once leased. With three possible rental opportunities, this property offers multiple revenue streams. The main building provides just over 3,000 square feet of versatile space, ideal for retail, office, showroom, service-based business, or mixed-use operations. Located in a high-visibility area with easy access to shopping, dining, and major roadways, this property is zoned for a variety of commercial uses, making it well-suited for investors, entrepreneurs, or owner-operators seeking a strategic location with strong income potential. Main building has 3036 SF.

Details

MLS #25017945
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1996
Days On Site374
Listing Provided ByCentury 21 Pinnacle | Bill Adams

Features

SQ Feet4,406
Building(s)2
ZoningB-3
Acreage0.47

Interior

Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsBlock, Brick, Vinyl Siding

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Other
SewerPublic Sewer

Area Information

StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$450,000
low | high
Med:
$225,000
100% of Average
sqft:
4,406
low | high
Med:
1,769
100% of Average
$ / sqft:
$102
low | high
Med:
$127
25.466365178067% of Average
On site:
374
low | high
Med:
179
100% of Average
Sourced by Back At You

Market Activity 40475

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Contact

Learn More About This Property

Brad Ingram

Brad Ingram

Coldwell Banker McMahan

 (859) 613-4320bs.ingram@gmail.com
StateKY
CountyMadison
CityRichmond
Zip Code40475
Area008 Madison County
SubareaMadison County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$450,000
low | high
Med:
$225,000
100% of Average
sqft:
4,406
low | high
Med:
1,769
100% of Average
$ / sqft:
$102
low | high
Med:
$127
25.466365178067% of Average
On site:
374
low | high
Med:
179
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $337K - $562K
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
130 Big Hill Avenue Suite B Property Photo 1
$2,600
130 Big Hill Avenue Suite B
Richmond, KY 40475
Listing Updated: July 22, 2026 at 7:32:04 AM PDT

Brad Ingram - Coldwell Banker McMahan