452 Versailles Road

Office for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial, Vacant Land
Catylist Listing ID: 30605336
Property Subtypes: Mixed Use, Flex Space, Office Building
Status: Pending/Contingent
Building Size (RSF): 26,345 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $47.45 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

452 Versailles Road offers the unique opportunity to own centrally located office/warehouse space in Frankfort, or a great re-development land opportunity for an investor or developer. The property sits on 3.60 Acres (per PVA) and features a main office building, secondary office/lab building, and a small warehouse. The Main Office Building was constructed in 1949 with concrete floors and steel-bar joist, and is 17,290 total SF and features an abundance of private offices and open office space. Building 2 is 5,770 total SF of office/lab space and was constructed in 1985 and the addition was constructed in 1997. Building 3 is a 3,285 SF warehouse built in 2001 that is enclosed by a fence and features two storage rooms, a mezzanine, and one-drive in door.

The property was originally constructed and used as the Frankfort Country Club. The property has since been used as office, lab, and warehouse space. The primary office building sits on a 1.49 Acre tract and the secondary office building and warehouse sit on a 2.11 Acre tract. The property is being sold as-is, and is zoned CL (Limited Commercial) which is suitable for office, retail, and or medical uses.

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Additional Details

Nearest MSA: Frankfort
County: Franklin
Tax ID/APN: 085-00-00-016.00
Zoning: CL
Property Visibility: Excellent
Area Description: 452 Versailles Road is located in a retail corridor along Versailles Road in the east-side of Frankfort. The property is situated in between a large residential sector and the newly constructed Independence Bank. The property is located in close proximity to an abundance of retail including banks, gas stations, restaurants, grocery stores, etc. providing great amenities for employees. The property is appx. 1.5 miles from I-64.
Total Number of Buildings: 3
Zoning Description: Limited Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,046 23,401 39,268
Median Age: 39.99 37.61 39.13
Households: 3,559 9,818 16,585
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