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About This Home
This 0-bedroom, 0-bathroom commercial at 205 Locust Drive in Frankfort, KY is listed for $630,000 ($65 per sqft). Built in 1988, the home offers 9,750 sqft of living space on a 1.67 acres lot.
Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants.
The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income.
The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.Property Description Outstanding investment opportunity in Frankfort, Kentucky!
This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants.
The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income.
The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.
Key Features
- Built in 1988
- 1.67 acre lot
Property Details
Monthly Cost Estimate
$3,369/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
205 Locust Drive
Frankfort, KY 40601
Commercial
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 205 Locust Drive is listed at $630,000 ($65/sqft). The estimated monthly payment is $2,730 based on 20% down at 6.5% interest.
Key features include: Built in 1988, 1.67 acre lot.
This property is listed by Kevin Verhoven and can be reached at 8592248833 or kverhoven@thegibsoncompany.com.
