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151 Hanger Cir 23,812 SF Industrial Building Richmond, KY 40475 $2,150,000 ($90.29/SF)



Investment Highlights
- 24,000 Sq.ft. Industrial /Manufacturing Facility
- Existing Equipment Sale Option - Prior Business: Tool & Die Manufacturing Facility
- Covered Loading Area
- Approx. 2,870 Sq.Ft. of Climate Controlled Office Space
- Approx. 2.6-acres of Included Land with Purchase Option of an additional 4-acres
- Two dock-high loading doors & One 12x12 foot overhead drive-thru door
Executive Summary
Option 1: Sale of Building + 2.6 Acres of Land (Empty Bldg.) $2,150,000.00
Option 2: Sale of Building + 2.6 Acres of Land + Equipment $2,250,000.00
Lease Additional Options with execution of an above choice.
Addon 1: Sale of Approx. 4-Acres of Land on Tates Creek Road (Adjacent) $760,000
**151 Hanger Circle | Richmond, Kentucky**
**24,000 SF Industrial Facility on 2.6 Acres**
Positioned within the Richmond Industrial Park, 151 Hanger Circle presents a substantial industrial and manufacturing opportunity in one of Richmond, Kentucky’s established commercial areas. The property combines a large, versatile industrial building with approximately 2.6 acres of land, providing an attractive combination of existing operational space, outdoor storage potential, and room for future expansion.
The approximately 24,000-square-foot facility is designed to accommodate a wide range of industrial, manufacturing, warehouse, distribution, and service-oriented operations. The building features approximately 2,870 square feet of office and laboratory space, 4,340 square feet of climate-controlled manufacturing space, and approximately 16,602 square feet of general manufacturing/warehouse space. With approximately 20 feet of clear height, the facility provides substantial vertical storage and equipment capacity.
Logistics and material handling are well supported with two dock-high loading doors, a 12' x 12' overhead drive-through door, and a covered loading area. Interior bay spacing of approximately 26' x 60' provides flexibility for manufacturing lines, equipment, inventory storage, or warehouse configuration.
The property also offers significant utility capacity, including approximately 800 amps of electrical service supported by two transformers. The building features a steel post-and-beam industrial structure, poured reinforced concrete foundation, concrete slab floors, metal panel roofing, and a wet sprinkler system.
Location is another major advantage. 151 Hanger Circle is situated in the Richmond Industrial Park on the northwestern side of Richmond and is approximately four minutes from Interstate 75, providing convenient access to Lexington, the Bluegrass region, and broader regional markets. Richmond is approximately 25 miles southeast of Lexington, making the property well positioned for businesses seeking access to both local labor and major regional transportation corridors.
Whether you're an owner-user looking for a substantial manufacturing facility, an investor seeking an industrial asset, or a growing company in need of additional production, warehouse, distribution, or operational space, 151 Hanger Circle offers a rare combination of building size, acreage, infrastructure, and strategic location.
**A substantial industrial property with the scale and flexibility to support today's operations while providing room for tomorrow's growth.****151 Hanger Circle | Richmond, Kentucky**
**24,000 SF Industrial Facility on 2.6 Acres**
Positioned within the Richmond Industrial Park, 151 Hanger Circle presents a substantial industrial and manufacturing opportunity in one of Richmond, Kentucky’s established commercial areas. The property combines a large, versatile industrial building with approximately 2.6 acres of land, providing an attractive combination of existing operational space, outdoor storage potential, and room for future expansion.
The approximately 24,000-square-foot facility is designed to accommodate a wide range of industrial, manufacturing, warehouse, distribution, and service-oriented operations. The building features approximately 2,870 square feet of office and laboratory space, 4,340 square feet of climate-controlled manufacturing space, and approximately 16,602 square feet of general manufacturing/warehouse space. With approximately 20 feet of clear height, the facility provides substantial vertical storage and equipment capacity.
Logistics and material handling are well supported with two dock-high loading doors, a 12' x 12' overhead drive-through door, and a covered loading area. Interior bay spacing of approximately 26' x 60' provides flexibility for manufacturing lines, equipment, inventory storage, or warehouse configuration.
The property also offers significant utility capacity, including approximately 800 amps of electrical service supported by two transformers. The building features a steel post-and-beam industrial structure, poured reinforced concrete foundation, concrete slab floors, metal panel roofing, and a wet sprinkler system.
Location is another major advantage. 151 Hanger Circle is situated in the Richmond Industrial Park on the northwestern side of Richmond and is approximately four minutes from Interstate 75, providing convenient access to Lexington, the Bluegrass region, and broader regional markets. Richmond is approximately 25 miles southeast of Lexington, making the property well positioned for businesses seeking access to both local labor and major regional transportation corridors.
Whether you're an owner-user looking for a substantial manufacturing facility, an investor seeking an industrial asset, or a growing company in need of additional production, warehouse, distribution, or operational space, 151 Hanger Circle offers a rare combination of building size, acreage, infrastructure, and strategic location.
**A substantial industrial property with the scale and flexibility to support today's operations while providing room for tomorrow's growth.**
Option 2: Sale of Building + 2.6 Acres of Land + Equipment $2,250,000.00
Lease Additional Options with execution of an above choice.
Addon 1: Sale of Approx. 4-Acres of Land on Tates Creek Road (Adjacent) $760,000
**151 Hanger Circle | Richmond, Kentucky**
**24,000 SF Industrial Facility on 2.6 Acres**
Positioned within the Richmond Industrial Park, 151 Hanger Circle presents a substantial industrial and manufacturing opportunity in one of Richmond, Kentucky’s established commercial areas. The property combines a large, versatile industrial building with approximately 2.6 acres of land, providing an attractive combination of existing operational space, outdoor storage potential, and room for future expansion.
The approximately 24,000-square-foot facility is designed to accommodate a wide range of industrial, manufacturing, warehouse, distribution, and service-oriented operations. The building features approximately 2,870 square feet of office and laboratory space, 4,340 square feet of climate-controlled manufacturing space, and approximately 16,602 square feet of general manufacturing/warehouse space. With approximately 20 feet of clear height, the facility provides substantial vertical storage and equipment capacity.
Logistics and material handling are well supported with two dock-high loading doors, a 12' x 12' overhead drive-through door, and a covered loading area. Interior bay spacing of approximately 26' x 60' provides flexibility for manufacturing lines, equipment, inventory storage, or warehouse configuration.
The property also offers significant utility capacity, including approximately 800 amps of electrical service supported by two transformers. The building features a steel post-and-beam industrial structure, poured reinforced concrete foundation, concrete slab floors, metal panel roofing, and a wet sprinkler system.
Location is another major advantage. 151 Hanger Circle is situated in the Richmond Industrial Park on the northwestern side of Richmond and is approximately four minutes from Interstate 75, providing convenient access to Lexington, the Bluegrass region, and broader regional markets. Richmond is approximately 25 miles southeast of Lexington, making the property well positioned for businesses seeking access to both local labor and major regional transportation corridors.
Whether you're an owner-user looking for a substantial manufacturing facility, an investor seeking an industrial asset, or a growing company in need of additional production, warehouse, distribution, or operational space, 151 Hanger Circle offers a rare combination of building size, acreage, infrastructure, and strategic location.
**A substantial industrial property with the scale and flexibility to support today's operations while providing room for tomorrow's growth.****151 Hanger Circle | Richmond, Kentucky**
**24,000 SF Industrial Facility on 2.6 Acres**
Positioned within the Richmond Industrial Park, 151 Hanger Circle presents a substantial industrial and manufacturing opportunity in one of Richmond, Kentucky’s established commercial areas. The property combines a large, versatile industrial building with approximately 2.6 acres of land, providing an attractive combination of existing operational space, outdoor storage potential, and room for future expansion.
The approximately 24,000-square-foot facility is designed to accommodate a wide range of industrial, manufacturing, warehouse, distribution, and service-oriented operations. The building features approximately 2,870 square feet of office and laboratory space, 4,340 square feet of climate-controlled manufacturing space, and approximately 16,602 square feet of general manufacturing/warehouse space. With approximately 20 feet of clear height, the facility provides substantial vertical storage and equipment capacity.
Logistics and material handling are well supported with two dock-high loading doors, a 12' x 12' overhead drive-through door, and a covered loading area. Interior bay spacing of approximately 26' x 60' provides flexibility for manufacturing lines, equipment, inventory storage, or warehouse configuration.
The property also offers significant utility capacity, including approximately 800 amps of electrical service supported by two transformers. The building features a steel post-and-beam industrial structure, poured reinforced concrete foundation, concrete slab floors, metal panel roofing, and a wet sprinkler system.
Location is another major advantage. 151 Hanger Circle is situated in the Richmond Industrial Park on the northwestern side of Richmond and is approximately four minutes from Interstate 75, providing convenient access to Lexington, the Bluegrass region, and broader regional markets. Richmond is approximately 25 miles southeast of Lexington, making the property well positioned for businesses seeking access to both local labor and major regional transportation corridors.
Whether you're an owner-user looking for a substantial manufacturing facility, an investor seeking an industrial asset, or a growing company in need of additional production, warehouse, distribution, or operational space, 151 Hanger Circle offers a rare combination of building size, acreage, infrastructure, and strategic location.
**A substantial industrial property with the scale and flexibility to support today's operations while providing room for tomorrow's growth.**
Property Facts
| Price | $2,150,000 | Rentable Building Area | 23,812 SF |
| Price Per SF | $90.29 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1989 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.47/1,000 SF |
| Building Class | C | Clear Ceiling Height | 20’ |
| Lot Size | 2.60 AC | Opportunity Zone |
Yes
|
| Zoning | I-2 - Industrial Park District | ||
| Price | $2,150,000 |
| Price Per SF | $90.29 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.60 AC |
| Rentable Building Area | 23,812 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 1.47/1,000 SF |
| Clear Ceiling Height | 20’ |
| Opportunity Zone |
Yes |
| Zoning | I-2 - Industrial Park District |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 23,812 SF | Industrial | - | Now |
1st Floor
| Size |
| 23,812 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 23,812 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 054B-0007-0007 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $676,000 |
Property Taxes
Parcel Number
054B-0007-0007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$676,000
1 of 49
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
151 Hanger Cir



