# 508 N 3rd Street, Richmond, KY 40475

> **TL;DR:** commercial, $59,900 ($60/sqft), 1,000 sqft. Est. $320/mo. Listed 106 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $59,900 |
| Price/sqft | $60 |
| Square Feet | 1,000 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 106 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $303 |
| Estimated Insurance | $17 |
| **Total** | **$320** |

## Property Highlights

- 0.12 acre lot

## Description

### Agent Description
Rare opportunity to own a commercial property featuring fully fenced lot space with gated access and an existing block structure. The property offers the benefit of a secure perimeter and existing site improvements. The structure has no active electric or water service and is being conveyed primarily as a storage building. Property is sold as-is.

## Location

- **Address:** 508 N 3rd Street, Richmond, KY 40475
- **County:** Madison
- **Neighborhood:** Downtown
- **Coordinates:** 37.753602, -84.294336
- **Google Maps:** https://www.google.com/maps?q=37.753602,-84.294336

## Listing Agent

- **Name:** Paula Landsaw
- **Brokerage:** Elite Property Management
- **Broker Phone:** 859-245-1165

## Photos

![508 N 3rd Street - Photo 1](http://lh.rdcpix.com/522e88e3d1982086dc6507133a76221el-f3800799605r.jpg)

![508 N 3rd Street - Photo 2](http://lh.rdcpix.com/522e88e3d1982086dc6507133a76221el-f2046672025r.jpg)

![508 N 3rd Street - Photo 3](http://lh.rdcpix.com/522e88e3d1982086dc6507133a76221el-f550658933r.jpg)

![508 N 3rd Street - Photo 4](http://lh.rdcpix.com/522e88e3d1982086dc6507133a76221el-f3989900757r.jpg)

![508 N 3rd Street - Photo 5](http://lh.rdcpix.com/522e88e3d1982086dc6507133a76221el-f681253313r.jpg)

---

**MLS#:** 26018049 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/508-n-3rd-street-richmond-ky-40475-0d2bd9ad4a91469ea699b1f4336e2abc)

---

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