Frankfort, KY Commercial Real Estate for Sale

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111 properties

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Updated: May 20

Live-Work Property with Elevator

205 Grandview Drive, Frankfort, KY 40601

$1,150,000

9,476 sqft 0.51 AC lot

Zoned CL‑Limited Commercial
+/- 4,000 commercial space with two half baths
Current tenant has rented the space for 12 years
Newer elevator installed in 2024
Four bedroom suites with adjacent private baths and walk‑in closets

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Updated: Jun 19

Brick Medical Office Building

1007 Mojave Trail, Frankfort, KY 40601

$775,000

7,367 sqft 1.05 AC lot

7,367 SF brick commercial building at 1007 Mojave Trail in Frankfort, KY
Flexible interior layout with 10 private office rooms and a spacious gathering hall
Includes kitchen area and four restrooms for versatile business use
Public utilities include public sewer and natural gas heating
Parking available in an open parking lot for employees, clients, and visitors

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Flexible Clear-Span Flex Space

635 Comanche Trail, Frankfort, KY 40601

$438,000

4,800 sqft 0.34 AC lot

Steel-frame commercial space with adaptable interiors, multiple entrances, private offices, and separate-unit configuration options.

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Two-Suite Medical Office Building

630 Comanche Trail, Frankfort, KY 40601

$750,000

6,420 sqft

Flexible professional property with separate suites, on-site parking, and rear green space.

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Mixed-Use Commercial Building with Drive-Through

630 Versailles Road, Frankfort, KY 40601

$599,995

3,193 sqft 0.35 AC lot

Versatile commercial space with a drive-through window, on-site parking, and an upstairs apartment.

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Renovated Bed and Breakfast

511-513 Capital Avenue, Frankfort, KY 40601

$878,000

4,255 sqft 0.30 AC lot

Fully renovated, host-occupied bed and breakfast with multiple kitchens, en-suite bedrooms, and off-street parking.

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Ten-Unit Strip Mall

114 Grandview Drive, Frankfort, KY 40601

$589,000

6,500 sqft 0.29 AC lot

Multi-unit commercial property with individually serviced spaces and separate tenant facilities.

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Live-Work Property with Elevator

205 Grandview Dr, Frankfort, KY 40601

$1,150,000

9,476 sqft

Zoned CL, the property combines a retail level with a four-suite residence and on-site parking.

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Storefront Property with Flexible Layout

1500-1502 Louisville Road, Frankfort, KY 40601

$350,000

3,704 sqft 0.42 AC lot

Commercial layout includes kitchen space, storage, basement area, and an upper level for additional use subject to approvals.

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Two-Story Brick Mixed-Use Property

800 E Main Street, Frankfort, KY 40601

$250,000

1,984 sqft 0.22 AC lot

Commercially zoned property offers business space, residential accommodations, and basement storage in one flexible layout.

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Historic Mixed-Use Property

108 W 2nd St, Frankfort, KY 40601

$1,495,000

20,973 sqft 0.93 AC lot

Two-building commercial property with CG zoning, flexible layouts, parking, multiple access points, and adaptive reuse potential.

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Live-Work Property with 6-Bay Shop

2590 Bald Knob Road, Frankfort, KY 40601

$359,900

1,296 sqft 1.52 AC lot

General Commercial zoning combines a residence with detached shop space for on-site business operations.

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Two-Unit Office Property

100/102 Consumer Lane, Frankfort, KY 40601

$330,000

2,280 sqft

Two separate office units offer flexible occupancy, each with kitchen facilities and two half baths.

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Multi-Tenant Retail Building

114 Grandview Dr, Frankfort, KY 40601

$589,000

6,500 sqft

Commercial building with 10 individual units, each with its own half bath, HVAC, and electrical service.

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Two-Story Office Unit

102 Consumer Lane, Frankfort, KY 40601

$170,000

1,140 sqft

Brick office unit with reception, conference, kitchenette, and private offices across two floors.

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Flex Space with Garage Bay

9 Reilly Road, Frankfort, KY 40601

$459,000

3,039 sqft 0.75 AC lot

Adaptable commercial building near Buffalo Trace with multiple rooms, an open area, restrooms, and a kitchenette.

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Two-Story Restaurant with Riverfront Deck

103 W Main St, Frankfort, KY 40601

$795,000

2,600 sqft

Turnkey restaurant operation with a rebuilt kitchen, basement storage, and central HVAC in downtown Frankfort.

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Frankfort Commercial 4-Bay Garage

465 Devils Hollow Road, Frankfort, KY 40601

$325,000

2,204 sqft

Heated and cooled 4-bay garage near downtown Frankfort.

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Drive-Through Restaurant and Apartment

630 Versailles Rd, Frankfort, KY 40601

$599,995

3,193 sqft

Commercial space with a drive-through window and an attached upper apartment, with recent flooring, electrical, and paint upgrades.

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Corner-Lot Office Building

91 C Michael Davenport Boulevard, Frankfort, KY 40601

$695,000

5,435 sqft 0.74 AC lot

Built in 2001 with central air, electric heating, and public sewer service.

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Office Building

601 Chamberlin Ave, Frankfort, KY 40601

$800,000

4,439 sqft

Established office property in Frankfort’s commercial setting, constructed in 2003.

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Mixed-Use Building with Glass Storefront

335-337 W Broadway Street, Frankfort, KY 40601

$550,000

1,923 sqft 0.06 AC lot

CB-zoned property with exposed brick, high ceilings, and an open interior suited to varied commercial uses.

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Highway Commercial Storefront Property

1500-1502 Louisville Rd, Frankfort, KY 40601

$350,000

3,704 sqft

Commercial layout with kitchen space, storage, basement area, upper-level flexibility, and on-site parking.

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Brick Office Building

3 HMB Circle, Frankfort, KY 40601

$2,565,000

20,830 sqft 1.49 AC lot

Office property with a triple-net lease structure, basement space, and public sewer service.

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Frankfort, KY Commercial Real Estate Market Trends and Statistics

Explore 111 commercial real estate for sale in Frankfort, KY, showcased through 111 active listings on our real estate platform. These investment opportunities span a total of 674,735 square feet of properties for sale, with an estimated market value of $88,151,874.

Sale prices for business properties in Frankfort, KY start at $49,000, averaging $1,013,239, and reaching up to $6,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 52K

Population Growth (5Y) +1.1%

Median Household Income $67,125

College Educated 5.0%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
40601	$897.2K

Taxes & Financing

Tax Rate (average for all types) 1.14%

Property Tax per SF $43.09 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

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