205 Geri Ln, Richmond, KY 40475

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Sold Price
$400,000
List Price
$480,000
Closing Date
Oct 27, 2025
MLS#
25501131
Status
CLOSED
Type
Commercial
Subtype
Mixed Use
Lot Size
10,628

Property Description

Well maintained mixed use commercial building for sale with 5,140 of usable space and excellent parking for each unit. Location is excellent very close to the highly trafficked and dense in commercial Eastern Bypass, I75, and EKU. Zoned B-3 with 6 leasable units total. 1st floor professional office with 2,570 s.f. leased until 10/01/2026. This area can occupy 2 tenants but at present is leased to one occupant. Front parking and first floor entry for professional office space (Currently leased to Eye Care Center: lobby, 2 reception areas, 3 offices, 3 examining rooms, good storage, 3-1/2 bathrooms w/luxury LVT flooring in entrance/baths/utility closet)). 4 additional 1 bedroom, 1 bathroom apartments with back entry (2,570 s.f. which includes common area hallway). Each apartment has separate circuit breaker boxes, heat pump, water heaters. The building has been well cared for and upgraded through the years. Recent upgrades to apartments: painted 11/24, new carpet 2024, 4 yr old (approx) kitchen cabinets/appliances/counters. Exterior brick painted 11/24, exterior side wall installed 2022. Sewer pipe relined, all 1st floor relined cast iron piping, all 1st floor bathrooms have pvc, 1st floor-2 heat pumps (2022,2024). 2nd floor--2 of 4 waters heaters new in 2022. Side alley on this property. No sign on property. All information provided by Seller. Lines on photos approximate; refer to survey for exact.

Additional Information

Year Built
1973
Sewer
Public Sewer
Heating
Forced Air, Heat Pump
Roof
Membrane, Rubber

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Listing courtesy of CENTURY 21 Advantage Realty. Selling Office: .