3,576 SF Office or Retail Space in Richmond, KY

212 Wayne Dr Richmond, KY 40475

212 Wayne Dr, Richmond, KY, 40475
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$515,000
Last Verified:
Jan 20, 2025

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Highlights

  • $515,000 for approx 3600 SF, $143 psf
  • Daycare owner occupied until June 1
  • 4 large Rooms, 3 bathrooms, kitchen, fenced patio area
  • Property originally built to have up to 3 occupants, 3 sections

Description

SVN Stone Commercial Real Estate is pleased to present a small office or retail location just off exit 87, and the EKU Bypass on Wayne Drive. Less than 1 mile from the interstate you will find 212 Wayne Drive, approx 3600 SF current owners run a daycare out of the space since 2018. The space was originally designed to have up to 3 occupants approx 1,200 sf each section. A great User property or landlord occupied small investment to share the space with a partner or other business'.
The property can only be shown after 6pm or on the weekends due to the daycare occupancy. Priced at less than replacement value at $515,000 contact Neal Metcalfe, 859-312-8069, or neal.metcalfe@svn.com to set up a tour.

Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

Building Size: 3576sq ft
Building Class: B
Lot Size: 0.4 acres


Documents

SVN Brochure - 212 Wayne Drive.pdf

Map of 212 Wayne Dr, Richmond, KY, 40475

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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