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Flex Space with Second-Floor Office
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101 Walnut St, Versailles, KY 40383

Shop and upper-level office/apartment space with a dedicated finishing area, flexible work features, and B-4 zoning.

Property SizeContact for details
Days on Market142

Property Features for 101 Walnut St

General Information

Standard status Active
Property subtype Industrial, Mixed Use, Special Purpose
Zoning B-4

Building Details

Stories 2
Listing Agency: Building The Bluegrass
Listed By: Randi Mjos · License #KY 20708
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Building The Bluegrass

Investment Insights

Based on property information with market context.

This flex property combines a substantial ground-level shop with an upper floor configured for office and apartment use. The shop contains 3,088 square feet, a 1/2 bath, and a 20-by-30-foot paint and finishing room. Front access is provided by double man doors, while a large roll-up bay door serves the rear side. Industrial dust collection, air-purifying filters, workstations, tool organizers, and air and electric service at each workstation are available for negotiation.

The 1,472-square-foot second floor includes a full kitchen, living room, home theater, offices, and a 1/2 bath. A deck extends the upper-level layout and provides seasonal views toward the city. The property is zoned B-4 and is located in downtown Versailles along the Frankfort corridor, with Lexington and Frankfort described as minutes away.

Key Highlights

  • 3,088 SF ground‑floor shop with 1/2 bath
  • 20x30 paint/finishing room
  • Large roll‑up bay door and double man doors

Property Analytics

Current Use

Leigh Millwork LLC Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Skin Care Clinic Storage Facility Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
Under-served
Demand for This Use

Demographics for 40383, KY

24,592
Population
10,431
Households
2.4
Avg Household Size
43
Median Age
42%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
164
Density / Sq Mi
$80,444
Median Household Income
$42,365
Median Earnings
$998
Median Rent
$279,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • sisters & friends catering 229 Lexington Rd, Versailles, KY 40383

Frequently Asked Questions

What type of property is this?
Flex space - Shop and upper-level office/apartment space with a dedicated finishing area, flexible work features, and B-4 zoning.
Where is this flex space located?
The property is located at 101 Walnut St Versailles, KY.
What are key features of this property?
This property features: 3,088 SF ground‑floor shop with 1/2 bath; 20x30 paint/finishing room; Large roll‑up bay door and double man doors
(859) 539-4940 Call to check price and availability
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