2011 Merchant Drive, Richmond, KY 40475

$1,232,600
Property Type: Commercial Sale Square Footage: 12,652 Lot Size (sq. ft.): 71,874 Status: Closed
Current Price: $1,232,600 List Date: 11/29/2022 Last Modified: 9/03/2025

Overview

Description

Block + Lot Real Estate is pleased to bring to market an investment opportunity to acquire 12,652 square feet of freestanding retail space situated on 1.62 acres. Just ten minutes from I-75 and located directly off the Robert B. Martin Bypass in Richmond, KY, 2003-2011 Merchant Drive is in excellent proximity to major retailers such as Kohls, Kroger, Walmart, and popular shopping and dining establishments. The one-story retail space has two tenants, a dog grooming business and a chiropractic office, taking up 3,244 square feet. The remaining 9,408 square feet is vacant space with dock access. This well-maintained retail building presents an excellent end user option and/or investment opportunity. Financials provided upon request. Property Highlights: - 12,652 SF Retail For Sale or 9,408 SF For Lease - Opportunity for owner occupant or investment owner - Zoned B-3 Highway Business - 30 parking spaces - 10 minutes to I-75

Listing Details MLS# 22025659

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2023-05-10
Purchase Contract Date
2022-12-12
Close Date
2023-01-12
Close Price
1232600

Address

County
Madison
Street Number
2011
Street Name
Merchant
Street Suffix
Drive
State
KY
Zip Code
40475
Parcel Number
0068-0008-0002

Contract

Original List Price
1350000
Start Showing Date
2022-11-29
Listing Contract Date
2022-11-29
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
SP/LP
0.91

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Commercial

Interior

Living Area
12652

More Information

Building

Year Built
2000

Lot

Lot Size Acres
1.65
Lot Size Square Feet
71874

Remarks

Public Remarks
Block + Lot Real Estate is pleased to bring to market an investment opportunity to acquire 12,652 square feet of freestanding retail space situated on 1.62 acres. Just ten minutes from I-75 and located directly off the Robert B. Martin Bypass in Richmond, KY, 2003-2011 Merchant Drive is in excellent proximity to major retailers such as Kohls, Kroger, Walmart, and popular shopping and dining establishments. The one-story retail space has two tenants, a dog grooming business and a chiropractic office, taking up 3,244 square feet. The remaining 9,408 square feet is vacant space with dock access. This well-maintained retail building presents an excellent end user option and/or investment opportunity. Financials provided upon request. Property Highlights: - 12,652 SF Retail For Sale or 9,408 SF For Lease - Opportunity for owner occupant or investment owner - Zoned B-3 Highway Business - 30 parking spaces - 10 minutes to I-75

Building and Property Details

Usable SqFt
9408

Tax & Legal

Tax Rate
0.0115
Zoning Description
B-3
Directions
Conveniently located off of the Robert B. Martin Bypass and within ten minutes of I-75 via Exit 90, this property is in excellent proximity to major area businesses such as Kohl's, Kroger, Walmart, Dunkin' Doughnuts, Outback Steakhouse, Zaxby's and more.

Association/Community

Number Of Buildings
1

Business Type

Commercial
Yes
Mixed
Yes
Warehouse
Yes

Docks

1-3 Docks
Yes

Property Features

Business Type: Commercial; Mixed; Warehouse Docks: 1-3 Docks
Listing Office: Block + Lot Homes
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.