Multi-Unit Retail
For Sale
$589,000
114 Grandview Drive, Frankfort, KY 40601
COMMERCIAL - Frankfort, KY
Property Size6,500 SF
Lot Size0.29 Acres
Price / SF$90.62
Days on Market73
Property Features for 114 Grandview Drive
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
CH - Highway Commercial
Parking
23
Subdivision
Grandview Heights
Directions
US-60/Versailles Road to Grandview Drive. The building is located at the far end of the street on the left, before the stop sign.
Standard status
Active
APN
085-21-03-009.00
Size
6,500 SF
Lot size
0.29 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Wall Unit(s), Window Unit(s), Electric
Building Details
Floors in Building
1
Building materials
Block, Brick
Roof type
Membrane
Listing Agency:
CENTURY 21 Simpson & Associates · Century 21 Real Estate
(502) 223-1600
Listed By:
Brent D Simpson · License #263029
(502) 320-4076
Added: May 20
Changed: Jul 24
Last Checked: Jul 31 at 4:06AM
MLS# 26011499
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building is configured as 10 individual business units. Each unit includes a half bath, along with its own heating, cooling, and electric service. The property is being offered with below market rents, which may allow room for additional improvements.
The building is located in Frankfort, KY, on Grandview Drive in Franklin County.
The building is located in Frankfort, KY, on Grandview Drive in Franklin County.
Key Highlights
- Commercial building with 10 individual business units
- Each unit includes its own half bath, heating, cooling, and electric
- Heating: natural gas with forced air
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 40601, KY
52,133
Population
24,224
Households
2.2
Avg Household Size
41
Median Age
32%
College-Educated
93%
High-School Grad
217.5 sq mi
ZIP Area
240
Density / Sq Mi
$67,125
Median Household Income
$40,685
Median Earnings
$944
Median Rent
$199,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Commercial building features 10 individual units, each with its own half bath, HVAC, and electric.
Where is this strip mall located?
The property is located at 114 Grandview Drive Frankfort, KY.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Commercial building with 10 individual business units; Each unit includes its own half bath, heating, cooling, and electric; Heating: natural gas with forced air
