1696 Northgate Drive, Richmond, KY 40475 (MLS# 26012595)

1696 Northgate Drive, Richmond, KY 40475

$2,500,000

Property Type: Commercial Sale Square Footage: 9,222 Lot Size (sq. ft.): 51,401 Status: Active

Current Price: $2,500,000 List Date: 6/02/2026 Last Modified: 6/03/2026

Overview

Description

Highly Visible prime investment 4 -unit mixed use commercial property located on I-75 signalized intersection gas station ,Convenience store one Health Spa center currently under lease ,Additional income opportunity for potential drive through business , restaurant and more additional parking spaces that may use for charging station , truck stop ,RV station or many more amazing redevelopment opportunity of its large lot surrounded by motels and popular restaurant.The large lot offers amazing potential for expansion and future growth . Excellent visibility, strong traffic counts and multiple revenue streams make this stand out commercial investment opportunity . Seller will also entertain flexible options, SCHEDULE TODAY.

Listing Details MLS# 26012595

Listing Information

Comp Sale YN: No
Property Sub Type: Business

Status Change Information

Status Change Timestamp: 2026-06-02

Address

County: Madison
Street Number: 1696
Street Name: Northgate
Street Suffix: Drive
State: KY
Zip Code: 40475
Zip +4: 1066
Parcel Number: 054B-0004-0001

Contract

Original List Price: 2500000
Start Showing Date: 2026-06-02
Listing Contract Date: 2026-06-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 271.09

Tax Legal

MLS Area Major: 008 - Madison County
Subdivision Name: Northgate

Interior

Living Area: 9222
Living Area Units: Square Feet
Living Area Source: Public Records
Building Area Total: 9222
Building Area Source: Public Records
Building Area Units: Square Feet

More Information

Parking Information

Parking Total: 50

Building

Basement YN: No
Year Built: 1989
Stories Total: Yes
Accessibility Features YN: Yes
Leasable Area: 9000

Lot

Lot Size Acres: 1.18
Lot Size Square Feet: 51400.8

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Available: Yes
Electricity Connected: Yes
Sewer Available: Yes
Water Available: Yes

Remarks

Public Remarks: Highly Visible prime investment 4 -unit mixed use commercial property located on I-75 signalized intersection gas station ,Convenience store one Health Spa center currently under lease ,Additional income opportunity for potential drive through business , restaurant and more additional parking spaces that may use for charging station , truck stop ,RV station or many more amazing redevelopment opportunity of its large lot surrounded by motels and popular restaurant.The large lot offers amazing potential for expansion and future growth . Excellent visibility, strong traffic counts and multiple revenue streams make this stand out commercial investment opportunity . Seller will also entertain flexible options, SCHEDULE TODAY.

Building and Property Details

Furniture, Fixtures & Equipment YN: Yes
Building Expansion Potential YN: Yes
Inground Tank YN: Yes
Lot Expansion Potential YN: Yes
Railroad Siding YN: No
# of Men's Restrooms: 2
# of Women's Restrooms: 2
Retail SqFt: 9000

Tax & Legal

Business Name: Shell gas station and convenience store
Tax Rate: 0.0105
Zoning: Other
Zoning Description: B-3
Directions: take exit 90A for US-25 S/US-421S toward Richmond / Irvine then turn right onto Lexington Road and turn left onto Northgate Dr.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Brick: Yes
Concrete: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Electric: Yes
Forced Air: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Lease Option: Yes

Parking Features

Gravel: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes
Rental Agreement: Yes
Subject To Tenant Rights: Yes

Roof

Composition: Yes
Shingle: Yes

Security Features

Security System Owned: Yes

Sewer

Public Sewer: Yes

Water Heater

Electric: Yes
Gas: Yes

Building Features

Concrete Floor: Yes
Kitchen Facilities: Yes

Business Type

Commercial: Yes
Mixed: Yes
Professional Service: Yes
Retail: Yes

Ceiling

Dropped: Yes

Electric

3 Phase: Yes

Existing Lease Type

NNN: Yes

Sale Includes

Building(s): Yes
Business: Yes
Easements: Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Inventory: Yes
Land: Yes
Leases: Yes
Licenses: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Insurance: Yes
Interior Maintenance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Showing Requirements

No Sign: Yes
Show Anytime: Yes
Showing Service: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Sewer Available; Water Available; Cable Available; Electricity Connected; Sewer Available; Water Available Building Features: Concrete Floor; Kitchen Facilities Business Type: Commercial; Mixed; Professional Service; Retail Ceiling: Dropped Construction Materials: Block; Brick; Concrete Cooling: Ceiling Fan(s); Central Air Electric: 3 Phase Existing Lease Type: NNN Heating: Electric; Forced Air Listing Terms: 1031 Exchange; Cash; Conventional; Lease Option Parking Features: Gravel Possession: Close Of Escrow; Negotiable; Rental Agreement; Subject To Tenant Rights Roof: Composition; Shingle Sale Includes: Building(s); Business; Easements; Equipment; Fixtures; Furniture; Inventory; Land; Leases; Licenses Security Features: Security System Owned Sewer: Public Sewer Tenant Pays: Electricity; Gas; Insurance; Interior Maintenance; Sewer; Taxes; Trash Collection; Water Water Heater: Electric; Gas Showing Requirements: No Sign; Show Anytime; Showing Service

Listing Office: Keller Williams Bluegrass Realty

Last Updated: June - 03 - 2026

Information deemed reliable but not guaranteed.