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$530,000
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College Park Area Commercial

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205 Geri Lane Richmond, KY 40475

Bed
0 Baths
sqft
MLS# 25013749
PRICE BELOW APPRAISAL & EXCELLENT INVESTMENT PROPERTY! Well maintained Office Building for sale in desirable high density commercial area very close to the Eastern Bypass, EKU, Barnes Mill Rd residential areas, I75 Exit 87. 5,140 2 story building on with more than ample parking. Zoned B-3, this investment property has 6 units including 4 upstairs 1 bedroom, 1 bathroom, apartments with back entrance and hallway in between. 2 commercial rental units on 1st floor presently leased to Eye car center and this lease expires on 10/1/26 which includes option for last year 10/1/25-26)). Tenant occupying both units pays 1820/mo plus electric. 1st floor 3- 1/2 bathrooms, 3 examining rooms, office, lobby, 2 reception areas, 2 addtl offices, good storage. Upstairs (back entrance access only) 4-1br 1 ba & kitchen/den w/ nice lvt flooring entrance & hall carpet. Hall painted 11/24. Each unit has own circuit breaker box & pays own electric. Landlord pays water and sewer. New carpet summer 2024 in all 4 units, cabinets, appliances, counters in each kitchen replaced 4 yrs ago about. No washer/dryer at present but could be added on 1st floor back storage room to share. Excellent parking. sewer pipe was relined, all downstairs relined cast iron pipes, downstairs bathrooms have pvc, roof is rubber, 5 parking spaces in back for apartment entrance, drive to back a part of this property. right brick wall as you look at front is owned by this property and installed in recent years. Built in the early 1970's & survey says 1973 so seller believes built in 1973; current owner has owned 33 years. There is no sign on property.
Listing Courtesy of Imagine MLS / Century 21 Advantage Realty / Stacey Kelly
$530,000
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College Park Area Multi-Family Home

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205 Geri Lane Richmond, KY 40475

4 Bed
7 Baths
5140 sqft
MLS# 25013755
Looking for an investment office space plus apartments close to EKU? Check out this well maintained office building in desirable high density commercial area very close to the Eastern Bypass, EKU, Barnes Mill Rd residential areas, I75 Exit 87. 5,140sf 2 story building with more than ample parking. Zoned B-3 with 6 units including 1st floor 2 office spaces w/ rent below market value-current tenant occupying both units pays 1820/mo plus electric. 1st floor 3- 1/2 bathrooms, 3 examining rooms, office, lobby, 2 reception areas, 2 addtl offices, good storage. 1st floor presently leased to Eye Car Center and this lease expires on 10/01/2026 te. Luxury LVT flooring in entrance/baths/utility closet. 4 upstairs 1 bedroom, 1 bath Apartments w/, kitchen/den, 5 back building parking spaces & entrance with shared hallway & separate circuit breakers & heat pump/water heaters. Tenant's pay own electri. Each unit & hall painted 11/24, new carpet summer 24 & kitchen cabinets/ appliances/ counters replaced 4 yrs ago approx. Landlord pays water, sewer, trash removal. Front has ample parking & all exterior brick painted 11/24, side wall installed 2022, side alley belongs to this lo More.... PRICED BELOW APPRAISED VALUE. Excellent opportunity to own Richmond KY investment property. Additional information: Sewer pipe was relined, all downstairs relined cast iron pipes, downstairs bathrooms have pvc, rubber roof. Morgan Heating and Air services the building. 1st floor 1 heat pump replaced 2024, 1 in 2022. Presently 4 apartments rent for $500 and pay electric. Bathroom fixtures & lighting stay, 2 apt. water heaters new in 2022 Side alley driveway is on this property. Phone system and all eye care equipment on 1st floor is owned by 1st floor tenant and does not convey. Can only be shown by appointment with 24 hours notice to seller and showings can only take place after business hours after 5pm Monday through Friday and Saturday. 1st floor commercial tenant just took 1st of 2 options to extend lease 1 year to 03/01/2016. Next year under current lease with current owner has the option to extend lease once more.
Listing Courtesy of Imagine MLS / Century 21 Advantage Realty / Stacey Kelly
$500,000
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Rural Area Farm

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9999 Little Beech Creek Road Manchester, KY 40962

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0 Baths
0 sqft
MLS# 25009826
461 acres of Untamed Beauty. Escape to the serene heart of southeastern Kentucky with this rare offering of 461 acres m/l of undeveloped land nestled in the foothills of the Cumberland Mountains-part of the stunning Appalachian Mountain Region. An outdoor enthusiast's dream, this untouched nature bordering the U.S. Forestry Service, KY Fish & Wildlife lands, and Bert T. Combs Lake, offers endless possibilities: ATV adventures, horseback riding trails, Hunting and Hiking, Camping under the starry skies. Prime location for development for Industrial, Commercial, Residential, or Recreational. Build a resort, campground, lodge, or eco-tourism destination-the possibilities are wide open. Enjoy the quiet of rural life with easy access to modern amenities including a golf course nearby. This property is now located in an official ''Trail Town'' offering a welcoming community to explorers and developers alike. Whether you're envisioning your own private getaway or the next outdoor destination, this land is ready to make it a reality. Approximately 20 minutes from the property is the South Fork of the KY River, ideal for fishing and kayaking. It's also approximately 70 miles from the Red. River Gorge- one of Kentucky's top rock climbing, hiking, and outdoor adventure destinations. Don't miss this once-in-a-lifetime opportunity to own a piece of untouched Appalachian wilderness.
Listing Courtesy of Imagine MLS / Century 21 Advantage Realty / Tonya Farmer