76 C Michael Davenport Ave

Office for Sale
Catylist Listing ID: 30763569
Property Subtypes: Office Building
Building Size (RSF): 5,708 SF
Gross Land Area: 0.68 Acres
Sale Price: $599,000
Unit Price: $104.94 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 76 C Michael Davenport Ave
Class of Space: Class B
Usable Size (USF): 5,708 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2022

Overview / Comments

5,708 square foot office building with four suites sitting on .68 acres of land for sale in Frankfort, Kentucky. This property is zoned CL (Limited Commercial) and can accommodate retail and office users. Edward Jones, Compass Physical Therapy and Commonwealth Policy Center currently lease units in the property with one vacant unit that was a restaurant and has a full hood system in place.

Attachments & Media

Current Tenants

Tenant Business Name Compass Physical Therapy
Is Renting? Yes
Suite Number B
SF of Space Occupied 1,114 SF
Current Rent $11,025 PSF (Annual)
Lease Expiration 10/2022
Tenant Business Name Edward Jones
Is Renting? Yes
Suite Number C
SF of Space Occupied 1,244 SF
Current Rent $15,000 PSF (Annual)
Lease Expiration 4/0030
Tenant Business Name Compass Physical Therapy
Is Renting? Yes
Current Rent $10,200 PSF (Annual)
Lease Expiration 12/2022

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 036-00-00-011.06
Zoning: CL - LIMITED COMMERICAL
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,708 SF
Year Built: 1997
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 33
Zoning Description: CL Commercial Limited
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,198 19,028 34,461
Median Age: 37.57 41.46 38.91
Households: 1,513 8,328 14,469

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