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205 Geri Lane, Richmond, KY 40475

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For Sale

$480,000

8 beds • 3 baths • 1 half baths • 5,140 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Mixed Use
    Property type

  • Newly Listed
    Time on Century 21

  • 1973
    Year built

  • $93.39
    Price per square foot

Explore this Property

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.
MLS# 25501131

Listed By CENTURY 21 Advantage Realty

Property Features

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Map and Directions

Directions to 205 Geri Lane, Richmond, KY 40475

Home seller Meet the Agent,
Stacey Kelly

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Stacey Kelly

of CENTURY 21 Advantage Realty

(859) 624-1440
Learn More About Me

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.