Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    331 Versailles Rd Frankfort, KY 40601

    Sponsored
    For Sale
    $315,000

    Prime Frankfort location, versatile office space.

    Property size:
    2,028 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,028 square foot commercial property, situated on a 0.3-acre lot at 331 Versailles Road in Frankfort, Kentucky, presents a unique investment opportunity. Originally a residential home, this building has been thoughtfully renovated into a functional and attractive office space, retaining much of its original charm. The property benefits from a highly desirable location on a busy thoroughfare, ensuring high visibility and significant traffic flow, ideal for businesses seeking maximum exposure. The adaptable layout offers considerable flexibility, making it suitable for a variety of commercial uses. The combination of a prime location and the potential for live/work arrangements makes this property a truly rare find in the Frankfort market. The asking price is $315,000. This property offers a compelling blend of residential aesthetics and commercial practicality, providing a unique and attractive space for a discerning business owner. Its location on a bustling road ensures consistent foot and vehicle traffic, maximizing the potential for customer interaction and brand awareness. The interior layout is designed to accommodate a range of business needs, offering both private and collaborative workspaces. The 0.3-acre lot provides ample space for parking and potential future expansion. This is an excellent opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Kentucky city.

    Property Features for 331 Versailles Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,028 SF
    Lot Size
    13,068 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Smith Garage Equipment Equipment Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -84.83031
    Latitude
    38.19707

    Nearby Similar for Sale

    • $389,999
      Pending

      Two Homes on Scenic Acreage

      Two homes on 1.04 acres, ideal for flexible living.
      244 Manley Leestown Rd, Frankfort, KY 40601
      View Details
    • $629,000
      3,456 SF

      Frankfort Commercial Property For Sale

      Versatile commercial property in a strategic Frankfort location with high visibility.
      1000 Holmes St, Frankfort, KY 40601
      View Details
    • $350,000
      9,000 SF

      Frankfort Commercial Building with Potential

      9000 sq ft building with conversion potential in Frankfort.
      101 St, Frankfort, KY 40601
      View Details
    • $299,900
      Pending

      Frankfort Office Building For Sale

      Commercial investment property or office building near the interstate.
      106 St James Ct, Frankfort, KY 40601
      View Details
    • New
      $245,000
      2,856 SF

      Historic Mixed-Use Property, Frankfort, KY

      Historic downtown Frankfort property with mixed-use potential near Buffalo Trace.
      501 W Broadway St, Frankfort, KY 40601
      View Details
    • $1,299,900
      5,150 SF

      Versailles Road Commercial Opportunity

      High-visibility commercial property on Versailles Road in Frankfort, Kentucky.
      1348-1350 Versailles Rd, Frankfort, KY 40601
      View Details
    • $549,900
      4,688 SF

      Versatile Commercial Property, Frankfort, KY

      Spacious commercial building with flexible layout and ample parking.
      9 Reilly Rd, Frankfort, KY 40601
      View Details
    • $695,000
      4,900 SF

      Frankfort Commercial Property For Sale

      Commercial property in downtown Frankfort with steady rental income.
      227-229 W Broadway St, Frankfort, KY 40601
      View Details
    • $610,000
      4,469 SF

      Versatile Event Venue in Frankfort

      Charming venue in historic district, perfect for diverse events.
      306 Wapping St, Frankfort, KY 40601
      View Details
    • $950,000
      8,040 SF

      Medical Office Building Near Hospital

      Two-level medical office building near Frankfort Regional Medical Center.
      4 Physicians Park, Frankfort, KY 40601
      View Details
    • $325,000
      4,161 SF

      Two-Story Commercial Property in Frankfort

      Two-story commercial property with 11 offices, kitchenette, and conference room.
      730 E Main St, Frankfort, KY 40601
      View Details
    • $699,000
      Pending

      Historic Frankfort Commercial Property For Sale

      Unique commercial property with multiple units and potential uses.
      306-310 Ann St, Frankfort, KY 40601
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Frankfort location, versatile office space.
    Where is this commercial real estate located?
    The property is located at 331 Versailles Rd Frankfort, KY.
    What is the asking price?
    The asking price for this property is $315,000.
    (502) 223-1600
    Request Owner's contact information
    331 Versailles Rd Frankfort, KY 40601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    331 Versailles Rd
    Frankfort, KY 40601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    331 Versailles Rd Frankfort, KY 40601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.