Fully Renovated Bed-and-Breakfast
For Sale
$878,000
511-513 Capital Avenue, Frankfort, KY 40601
Business Opportunity, Frankfort, KY
Property Size4,255 SF
Lot Size0.30 Acres
Price / SF$206.35
Days on Market69
Property Features for 511-513 Capital Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
South Frankfort
Directions
From Louisville Rd (US 60) at US 127, drive easy on Louisville Rd for 0.7 bear left onto Lafayette, Dr. in 0.3 mile turn left onto Shelby St. In 0.1 mile turn right onto State St. In 500 ft enter the traffic circle and take the 3rd exit onto Capital Ave. House is 0.2 mile on right. From East Main St (US 60) on Capital Ave, proceed across the Capital Ave Bridge for 0.5 mile on Capital Ave, make a U-turn and arrive at the home on the right.
Standard status
Active
APN
062-32-03-020.00
Size
4,255 SF
Lot size
0.30 Acres
Utilities
Heating system
Zoned, Heat Pump (Heating), Forced Air, Natural Gas
Cooling system
Electric, Heat Pump, Zoned, Multi Units
Listing Agency:
Marshall Lane Real Estate
(502) 682-1226
Listed By:
Mike Barnes
(502) 320-1186
Added: Jul 10
Changed: Sep 12
Last Checked: Sep 16 at 2:06AM
MLS# 26017337
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 fully renovated bed-and-breakfast property is currently configured as a host-occupied residence and lodging operation. The 4,255-square-foot building includes 3 bedrooms, each with an en suite bathroom, along with 4 half bathrooms, 2 kitchens, 2 pantries, 2 dining rooms, a living room, lounge/barroom, office, and bonus room. Five entrances and two stairways provide distinct access routes within the layout, while off-street parking serves the property on a 0.2964-acre lot.
Located at 511-513 Capital Avenue in Frankfort’s South Frankfort area, the property is near the Bourbon Trail, the Capitol, Old Capitol, Governor’s Mansion, and Downtown Frankfort. Potential configurations identified for the property include two 3-bedroom short-term-rental suites, a boutique restaurant, European-style bistro, private-events venue, bourbon-experiences venue, bed-and-breakfast, or boutique inn. Any alternative use remains subject to applicable approvals and permitting. Heating includes zoned heat pump, forced air, and natural gas systems; cooling is provided by electric, heat pump, zoned, and multi-unit systems.
Located at 511-513 Capital Avenue in Frankfort’s South Frankfort area, the property is near the Bourbon Trail, the Capitol, Old Capitol, Governor’s Mansion, and Downtown Frankfort. Potential configurations identified for the property include two 3-bedroom short-term-rental suites, a boutique restaurant, European-style bistro, private-events venue, bourbon-experiences venue, bed-and-breakfast, or boutique inn. Any alternative use remains subject to applicable approvals and permitting. Heating includes zoned heat pump, forced air, and natural gas systems; cooling is provided by electric, heat pump, zoned, and multi-unit systems.
Key Highlights
- 4,255‑square‑foot fully renovated property on a 0.2964‑acre lot
- 3 bedrooms, each with an en suite bathroom, plus 4 half bathrooms
- 2 kitchens, 2 pantries, and 2 dining rooms
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Fully renovated property with multiple kitchens, dining areas, private baths, and entrances supporting flexible room arrangements.
Where is this bed & breakfast located?
The property is located at 511-513 Capital Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: 4,255‑square‑foot fully renovated property on a 0.2964‑acre lot; 3 bedrooms, each with an en suite bathroom, plus 4 half bathrooms; 2 kitchens, 2 pantries, and 2 dining rooms
