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    501 W Broadway St Frankfort, KY 40601

    For Sale
    $250,000

    COMMERCIAL - Frankfort, KY

    Property size:
    2,856 SF
    Lot size:
    0.03 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 501 W Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    061-24-01-011.00
    Size
    2,856 SF
    Lot size
    0.03 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Building materials
    Wood Siding
    Roof type
    Composition

    Keys To Kentucky Realty (502) 892-8503

    Listing agent Jessica Waford (502) 892-8503

    Listing date Oct 28, 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

    Historic Mixed-Use Frankfort Property

    Located in the heart of downtown Frankfort, this historic mixed-use property offers character, charm, and versatility. Previously used as a private residence since 1977, it presents an opportunity for those looking to live, work, or invest. The upper level features an apartment complete with three bedrooms, a full bathroom, and a functional kitchen. The main level offers flexible space that can be tailored to fit various needs, such as an antique shop, a small business, or additional living space. The property is situated minutes away from Buffalo Trace and all the conveniences of downtown living. With its prime location and mixed-use potential, this property is suitable for homeowners, entrepreneurs, or investors. The property has a size of 2856 square feet and a lot size of 0.027 acres.
    Property Profile 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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Frankfort
    County
    Franklin
    State
    Kentucky
    Longitude
    -84.880226
    Latitude
    38.200881

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    FAQs

    What type of property is this?
    Mixed-use property - Downtown Frankfort mixed-use property with residential and commercial potential.
    Where is this mixed-use property located?
    The property is located at 501 W Broadway St Frankfort, KY.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime downtown Frankfort location.; - Mixed-use potential: live, work, or invest.; - Upper-level apartment featuring **3 bedrooms and a full bathroom.**
    (502) 892-8503
    Request Owner's contact information
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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
    501 W Broadway St Frankfort, KY 40601
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