Frankfort, KY Retail FOR SALE

Retail-Commercial for Sale
Catylist Listing ID: 30854751
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,200 SF
Gross Land Area: 0.69 Acres
Sale Price: $800,000
Unit Price: $250 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2024

Overview / Comments

We are pleased to bring to market an opportunity in the heart of Frankfort, Kentucky. This space was a former Restaurant location in 3200 SF on .686 acre site. The property is currently vacant and would need to be fit up again as former restaurant removed kitchen equipment. The site had been a former Dairy Mart before that and gas station. The business zoning and traffic on Versailles Road make it good opportunity for another business to occupy. The property is also FOR Sale, and the owners would consider a land lease if the property is best suited to scrape and you rebuild what you need.

3200 SF on 0.686 acre site
High Traffic road, Versailles in Frankfort
Former Restaurant space (no equipment)
Business Zoning in Commercial corridor

Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 085-21-02-021.00
Area Description: As the capital of Kentucky, Frankfort welcomes its guests with amazing architecture, rich history and fantastic shopping. The downtown area has great restaurants and is also the location of the Convention Center. Frankfort offers 3 public high schools, and is the home to Kentucky State University. Frankfort's city limits are approximately 50 miles east of Louisville and 25 miles west of Lexington. Easily accessible to Interstate 64 and Interstate 75. Frankfort's centralized location positions our city between three major airports: Lexington Bluegrass Airport, 30 minutes; Louisville International Airport, 50 minutes; and Cincinnati/Northern Kentucky International Airport, 1 hour 15 minutes.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,987 25,846 39,268
Median Age: 37.57 38.23 39.13
Households: 3,987 11,043 16,585
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