351-363 Big Hill Avenue, Richmond, KY 40475 (MLS# 26005338)

351-363 Big Hill Avenue, Richmond, KY 40475

$699,000

Property Type: Commercial Sale Square Footage: 2,517 Lot Size (sq. ft.): 52,272 Status: Active

Current Price: $699,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Overview

Description

Rare opportunity to acquire a multi-parcel assemblage (Lots 8-12) in a high-traffic, high-growth corridor. Zoned B-3, this property offers maximum flexibility for a wide range of commercial uses, making it ideal for developers, investors, and end users seeking visibility and accessibility. Multiple contiguous lots (8-12), excellent road frontage on Big Hill Avenue, high-traffic location with strong visibility, existing structures provide income or redevelopment potential, utilities available, and surrounded by residential density and established businesses. Ideal for a drive-thru restaurant or coffee concept, retail strip center, automotive or service-based business, office or medical development, or a multi-use commercial project. B-3 opportunities with this layout and frontage are rare in Richmond.

Listing Details MLS# 26005338

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-03-18

Address

County: Madison
Street Number: 351-363
Street Name: Big Hill
Street Suffix: Avenue
State: KY
Zip Code: 40475
Parcel Number: R009-0050-0028

Contract

Original List Price: 699000
Start Showing Date: 2026-03-18
Listing Contract Date: 2026-03-18
Listing Agreement: Exclusive Right To Sell
Owner Name: MBR Properties, LLC
Owner Phone: 859.200.0644
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 277.71

Tax Legal

MLS Area Major: 008 - Madison County
Subdivision Name: Richmond Investment

Interior

Living Area Units: Square Feet
Building Area Total: 2517
Building Area Source: Other
Building Area Units: Square Feet

More Information

Building

Basement YN: No
Year Built: 9999
Stories Total: Yes
Accessibility Features YN: No

Lot

Lot Size Acres: 1.2
Lot Size Square Feet: 52272
Road Frontage Feet: 244

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Rare opportunity to acquire a multi-parcel assemblage (Lots 8-12) in a high-traffic, high-growth corridor. Zoned B-3, this property offers maximum flexibility for a wide range of commercial uses, making it ideal for developers, investors, and end users seeking visibility and accessibility. Multiple contiguous lots (8-12), excellent road frontage on Big Hill Avenue, high-traffic location with strong visibility, existing structures provide income or redevelopment potential, utilities available, and surrounded by residential density and established businesses. Ideal for a drive-thru restaurant or coffee concept, retail strip center, automotive or service-based business, office or medical development, or a multi-use commercial project. B-3 opportunities with this layout and frontage are rare in Richmond.

Building and Property Details

Building Expansion Potential YN: Yes

Income and Expenses

Gross Income: 25200
Insurance Expense: 1483
Lawn Services Expense: 500
Real Estate Taxes: 2179
Trash Expense: 88

Showing Information

Showing Instructions: The two tenant homes may be scheduled as a contingency with offer.

Tax & Legal

Tax Rate: 0.0107
Zoning: Other
Zoning Description: B3-General Business
Directions: From East Main Street to Big Hill Ave property will be on your left.

Association/Community

Number Of Buildings: 2

Basement

Crawl Space: Yes

Construction Materials

Vinyl Siding: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Heat Pump: Yes

Heating

Floor Furnace: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Option: Yes

Parking Features

Gravel: Yes
On Site: Yes
Paved: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Metal: Yes

Sewer

Public Sewer: Yes

Water Heater

Electric: Yes

Building Features

Kitchen Facilities: Yes
Laundry Facilities: Yes
Partially Carpeted: Yes
Vinyl Flooring: Yes
Wood Flooring: Yes

Business Type

Commercial: Yes
Distribution: Yes
Food & Beverage: Yes
Professional Service: Yes
Professional/Office: Yes
Recreation: Yes
Retail: Yes
Wholesale: Yes

Ceiling

Drywall: Yes

Docks

None: Yes

Existing Lease Type

Gross: Yes
NN: Yes

Sale Includes

Building(s): Yes
Land: Yes
Leases: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Basement: Crawl Space Building Features: Kitchen Facilities; Laundry Facilities; Partially Carpeted; Vinyl Flooring; Wood Flooring Business Type: Commercial; Distribution; Food & Beverage; Professional Service; Professional/Office; Recreation; Retail; Wholesale Ceiling: Drywall Construction Materials: Vinyl Siding Cooling: Ceiling Fan(s); Central Air; Heat Pump Docks: None Existing Lease Type: Gross; NN Heating: Floor Furnace; Natural Gas Listing Terms: Cash; Conventional; Lease Option Parking Features: Gravel; On Site; Paved Possession: Close Of Escrow; Subject To Tenant Rights Roof: Metal Sale Includes: Building(s); Land; Leases Sewer: Public Sewer Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Water Heater: Electric Showing Requirements: Call Listing Agent

Listing Office: Keller Williams Legacy Group

Last Updated: March - 18 - 2026

Information deemed reliable but not guaranteed.