Address
202 204-206 West Broadway, Frankfort, KY
Price
$ 849,000
Property Attributes
  • MLS#20100958
  • TypeContingent
  • CountyFRANKLIN
  • CityFrankfort
  • Area014 - Franklin County
  • NeighborhoodDowntown
  • Zip40601
  • StyleMixed
  • Price$ 849,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7821
Data Source:
Lexington Bluegrass MLS (LBAR)
Property Description

COMMERCIAL REAL ESTATE OPPORTUNITY in Downtown Frankfort. This Real Estate Package Consists of Two Buildings (Approximately 7800 SF) and an Adjoining Parking Lot with Twenty Spaces, a Rarity for Downtown. Located in Bourbon Country Within A Block of the Kentucky History Center, State Offices, Historic Properties, and Downtown Businesses, this Property Offers a Mix of Commercial and Residential Space. With Two Completely Furnished Airbnb Apartments Upstairs Along With a Third Apartment Currently Occupied, a Steady Stream of Income is Already in Place. The Main Floor of Both Buildings (Approximately 4700 SF) Provides Everything Needed to Open and Operate a Restaurant Seating 150 With Additional Dining on the Patio. This Location is in a Designated Opportunity Zone Which May Have Potential Tax Benefits to Investors. Buyers to Satisfy Themselves Regarding All Aspects of Property.

Price History
6/22/2022 Listed $849,000

General Features

Area 014 - Franklin County
Business Type Mixed
City Frankfort
Construction Materials Brick, Stone
County Franklin
Directions Located in Downtown Frankfort one block from Main Street near old capitol building.
Geo Lat 38.199417
Geo Lon -84.875722
Lease Type Gross
Listing Member Name Kathy Rogers
Listingofficephone (502) 226-2121
Parking 11 - 20 Spaces, On Site, Paved
Possession Negotiable
Property Type C
Roof Flat, Membrane, Rubber
Sale/lease Includes Buildings, Business, Equipment, Fixtures, Furniture, Inventory, Land
Sewer Public Sewer
Sprinklers None
Status Contingent
Street Name Broadway
Subdivision Downtown
Tax Rate 12.0684
Tenant Pays Electricity, Gas, Interior Maintenance, Sewer, Trash Removal, Water
Terms Sale
Utilities Telephone
Water Water Connected
Year Built 9999

Interior Features

Ceiling Dropped, Drywall, Open
Floor Type Concrete, Partially Carpeted, Tile/Brick, Vinyl, Wood
Miscellaneous Features 100/200 Amp, 200/400 Amp, 3 Phase Electricity, Air Conditioning, Hot Water Heater, Security Alarm
Stories Two
Utilities: Natural Gas Natural Gas Connected

Exterior Features

Docks None
Lot Size Acres 0.0000
Lot Size Square Feet 0.00
Mls Identifier 20180201170722572567000000
Sewer Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 40601

Price
AVG $300K
$850K
Visits
AVG 28
15