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    227-229 W Broadway St Frankfort, KY 40601

    For Sale
    $695,000

    COMMERCIAL - Frankfort, KY

    Property size:
    4,900 SF
    Days on Market:
    69
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 227-229 W Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    061-24-13-008.00
    Parking
    5
    Size
    4,900 SF

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer

    Building Details

    Floors in Building
    2
    Building materials
    Block, Brick

    Commonwealth Property Management 5451353

    Listing agent Danny R Willis (502) 226-2121

    Listing date Oct 6, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Frankfort Commercial Property For Sale

    This commercial property is located in Frankfort, KY. The property offers a promising investment opportunity with modern amenities, private parking, and a strategic downtown location. The building provides a solid foundation for any portfolio. The property generates a steady rental income of $51,300 annually. The property contains 4,900 square feet. The lot size is 0 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ruby's Flowers & Gifts

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.876624
    Latitude
    38.199161

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    FAQs

    What type of property is this?
    Storefront property - Commercial property in downtown Frankfort with steady rental income.
    Where is this storefront property located?
    The property is located at 227-229 W Broadway St Frankfort, KY.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Steady annual rental income of $51,300; - Strategic downtown location; - Modern amenities
    (502) 226-2121
    Request Owner's contact information
    227-229 W Broadway St Frankfort, KY 40601
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    Frankfort, KY 40601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227-229 W Broadway St Frankfort, KY 40601
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