Hospitality

Frankfort, KY Hospitality Properties for Sale

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Midway, KY Versailles, KY Lawrenceburg, KY Bagdad, KY Georgetown, KY Waddy, KY Stamping Ground, KY Marion, KY
Renovated Bed and Breakfast
Updated: Jul 10
Renovated Bed and Breakfast

511-513 Capital Avenue, Frankfort, KY 40601

$878,000
4,255 sqft 0.30 AC lot
Fully renovated property configured with 3 bedrooms, each with an en‑suite bathroom
5 half bathrooms plus 2 kitchens, 2 pantries, 2 dining rooms, living room, and lounge/barroom
Includes office and bonus/sewing/work room with two stairways and five entrances
Currently operated as a host‑occupied bed and breakfast and residence (buyer to seek and obtain final approval for income use)
Heating and cooling include zoned systems, natural gas, forced air, and heat pump with electric components
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Two-Residence Hospitality Property
Updated: Jun 22
Two-Residence Hospitality Property

315 W 3rd Street, Frankfort, KY 40601

$1,123,000
5,824 sqft 0.29 AC lot
Over 6,400 sq ft finished across two separate residences in historic South Frankfort, built in 1904
Main residence: 4,224 sq ft with 5 bedrooms and 3.5 bathrooms, original hardwood floors, crown molding, and 6 fireplaces (including 2 gas)
Main level includes a spacious first‑floor primary suite; kitchen has granite countertops and stainless steel appliances
Wraparound front porch with hardwood flooring refinished with a specialty outdoor finish
Guest house: 1,600 sq ft, 3 bedrooms and 1.5 bathrooms; fully furnished and currently listed as an Airbnb with granite counters and stainless appliances
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Gem in Downtown Lexington
Mixed-Use Gem in Downtown Lexington

144 N Broadway, Lexington, KY 40507

$6,500,000
18,032 sqft 0.18 AC lot

Four-story mixed-use property in the heart of downtown Lexington.

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B-1 Zoned Motel Property
B-1 Zoned Motel Property

3041 Elizabeth Street, Nicholasville, KY 40356

$750,000
10,080 sqft 0.80 AC lot

For sale motel property located at 3041 Elizabeth Street in B-1 zoning.

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Comfort Inn Hotel For Sale
Comfort Inn Hotel For Sale

100 All Star Way, Nicholasville, KY 40356

Contact for pricing
35,736 sqft

Well-maintained 61-room hotel with modern amenities and recent renovations.

View details
Select-Service Hotel for Sale
Select-Service Hotel for Sale

2211 Elkhorn Rd, Lexington, KY 40505

Contact for pricing

Fee simple sale of an 84-room Fairfield Inn & Suites Lexington East I-75 select-service hotel.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land with Kentucky River Views
Land with Kentucky River Views

954 Wilkinson, Frankfort, KY 40601

$550,000
3.75 AC lot

3.75 acres in Opportunity Zone near Buffalo Trace Distillery.

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Prime Land on Bourbon Trail
Prime Land on Bourbon Trail

111 Carlton Crossing, Lawrenceburg, KY 40342

$997,900
4.14 AC lot

4.14+- acre lot ideal for various commercial ventures.

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Prime Commercial Land on Bourbon Trail
Prime Commercial Land on Bourbon Trail

104 Carlton Crossing, Lawrenceburg, KY 40342

$474,900
0.90 AC lot

Commercial land in Lawrenceburg's Carlton Crossing development, ideal for various businesses.

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Prime Corner Lot on Bourbon Trail
Prime Corner Lot on Bourbon Trail

103 Carlton Crossing, Lawrenceburg, KY 40342

$599,900
0.90 AC lot

Stellar corner lot on the Bourbon Trail ready for development.

View details

Frankfort, KY Hospitality Properties Market Trends and Statistics

Explore 2 hospitality properties for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 10,079 square feet of properties for sale, with an estimated market value of $2,001,000.

Sale prices for hospitality properties in Frankfort, KY start at $878,000, averaging $1,000,500, and reaching up to $1,123,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 2

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 $1.1M

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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