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

1696 Northgate Drive, Richmond, KY 40475

New Listing

$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: 6/02/2026

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 . The unit 1692 Northgate is currently under lease the units 1690,1694 Northgate are open for new project and 1696 Northgate is operating convenience store, 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 . The unit 1692 Northgate is currently under lease the units 1690,1694 Northgate are open for new project and 1696 Northgate is operating convenience store, 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 - 02 - 2026

Information deemed reliable but not guaranteed.