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    402 Ann St Frankfort, KY 40601

    Sponsored
    For Lease
    $600 /Mo ($13 SF/Yr)

    COMMERCIAL - Frankfort, KY

    Type:Retail
    Property size:
    540 SF
    Lot size:
    0.07 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 4:06 pm

    Property Features for 402 Ann St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    061-42-03-008.01
    Size
    540 SF
    Lot size
    0.07 Acres

    Building Details

    Year built
    1900

    The Gibson Company 2248833

    Listing agent Dallas Hodge (859) 224-8833

    Listing date Jan 6, 2026

    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.

    Overview

    Downtown Frankfort Office/Retail Space

    Located at 402 Ann Street in downtown Frankfort, this space offers approximately 550 square feet suitable for office or retail use. Situated along the West Broadway corridor, the property benefits from foot and vehicle traffic and convenient access to government offices, local businesses, restaurants, and shops. The space features an open layout that can accommodate professional offices, boutique retail, service-based businesses, or creative users seeking a downtown presence. Its central location provides exposure while remaining accessible for clients and customers. The property is located in Franklin County, Kentucky, with a lot size of 0.0689 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -84.875535
    Latitude
    38.199355

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    FAQs

    What type of property is this?
    Retail space - 550 SF office/retail space in downtown Frankfort.
    Where is this retail space located?
    The property is located at 402 Ann St Frankfort, KY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Frankfort location on Ann Street.; - High visibility and accessibility on West Broadway.; - Flexible, open layout suitable for office or retail.
    (859) 224-8833
    Request Owner's contact information
    402 Ann St 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
    402 Ann St Frankfort, KY 40601
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