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Two-Story Brick Diner Property
For Sale
$325,000

225 W Main Street, Frankfort, KY 40601

Commercial Sale, Frankfort, KY

Property Size3,420 SF
Lot Size0.27 Acres
Price / SF$95.03
Days on Market326

Property Features for 225 W Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description CD
Rooms Basement
Basement Unfinished, Full
Subdivision Downtown
Directions Downtown Frankfort on West Main St. used to be Magee's Bakery
Standard status Active
APN 061-24-14-016.00
Size 3,420 SF
Lot size 0.27 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 2
Building materials Brick
Listing Agency: CENTURY 21 Simpson & Associates · Century 21 Real Estate
Listed By: Bonnie L Fint · License #187857
Added: Oct 23, 2025 Changed: Sep 12 Last Checked: Sep 13 at 10:06AM
MLS# 25504496

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 two-story brick commercial building contains 3,420 square feet and is being offered as the building only, separate from the operating diner business. The property is currently leased to a diner on a month-to-month arrangement. The upper floor is used for storage and may support office, studio, or residential conversion subject to zoning and required approvals. A basement is also included.

The building received a new roof in 2023 and features forced-air heating, central air, and public sewer service. Its downtown setting places the property near shops, government offices, and the Kentucky River. The property is located at 225 W Main Street in Frankfort, Kentucky.

Key Highlights

  • 3,420‑square‑foot, two‑story brick commercial building
  • Current month‑to‑month lease to a diner; business is excluded from the sale
  • Upper level currently used for storage

Property Analytics

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Current Use

Breakfast & diners

Suggested Use

Top Pick Hair Salon Nail Salon Electrical Service Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

961
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Hsbah 616 Capital Ave, Frankfort, KY 40601, United States
  • The Meeting House Restaurant 519 Ann St, Frankfort, KY 40601
  • BnB's BnB at the Meeting House 519 Ann St, Frankfort, KY 40601
  • Poppy's Bakery 865 Wilkinson Blvd A, Frankfort, KY 40601

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Brick commercial building with a month-to-month diner lease and adaptable upper-level storage space.
Where is this breakfast & diner located?
The property is located at 225 W Main Street Frankfort, KY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 3,420‑square‑foot, two‑story brick commercial building; Current month‑to‑month lease to a diner; business is excluded from the sale; Upper level currently used for storage
More about this property
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