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    306 Wapping St Frankfort, KY 40601

    For Sale
    $610,000

    COMMERCIAL - Frankfort, KY

    Property size:
    4,469 SF
    Lot size:
    0.29 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 306 Wapping St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement
    APN
    061-24-11-015.00
    Size
    4,469 SF
    Lot size
    0.29 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Composition

    Century 21 Simpson and Associates (502) 319-0108 [email protected]

    Listing agent Russell Greenwell (502) 223-1600

    Listing date Nov 26, 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

    Versatile Event Venue in Frankfort

    Located in the heart of the historic district of Frankfort, Kentucky, this commercial property functions as a versatile event venue suitable for weddings, retirement celebrations, corporate functions, and birthday parties. The property is situated on a landscaped corner lot in the downtown area. The outdoor garden space includes a 20-foot harvest table with benches, string lighting, a stage with dedicated electric, upgraded landscaping, and decorative poles. The venue also features a newly installed commercial kitchen equipped with a double convection oven, gas stove, 3-compartment sink, vegetable prep sink, dishwasher, ice machine, automatic hood, and walk-in cooler. The kitchen also has new electric, plumbing, and gas lines. The property size is 4469 square feet, situated on a 0.293-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Elizabeth Wedding Venue The Lancaster at St. Clair Event Venue

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.878871
    Latitude
    38.19779

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    FAQs

    What type of property is this?
    Wedding venue - Charming venue in historic district, perfect for diverse events.
    Where is this wedding venue located?
    The property is located at 306 Wapping St Frankfort, KY.
    What is the asking price?
    The asking price for this property is $610,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Frankfort's historic district, steps from downtown.; - Versatile event venue suitable for weddings, corporate functions, and other gatherings.; - **Newly installed, fully equipped commercial kitchen with modern appliances** (double convection oven, gas stove, dishwasher, ice machine, walk-in cooler, etc.).
    (502) 223-1600
    Request Owner's contact information
    306 Wapping 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
    306 Wapping St Frankfort, KY 40601
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