Frankfort, KY Commercial Real Estate for Sale

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Brick Medical Office Building
Updated: Jun 19
Brick Medical Office Building

1007 Mojave Trail, Frankfort, KY 40601

$775,000
7,367 sqft 1.05 AC lot
7,367 SF brick commercial building at 1007 Mojave Trail in Frankfort, KY
Flexible interior layout with 10 private office rooms and a spacious gathering hall
Includes kitchen area and four restrooms for versatile business use
Public utilities include public sewer and natural gas heating
Parking available in an open parking lot for employees, clients, and visitors
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Frankfort Commercial Live/Work Opportunity
Updated: May 20
Frankfort Commercial Live/Work Opportunity

205 Grandview Drive, Frankfort, KY 40601

$1,200,000
9,476 sqft 0.51 AC lot
Live/work opportunity with CL‑limited commercial zoning
+/- 4,000 sq ft commercial space with parking lot and long‑term tenant
Residential level with newer elevator (2024) access
Four bedroom suites with private baths and walk‑in closets
Two‑car garage
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Renovated Bed and Breakfast
Renovated Bed and Breakfast

511-513 Capital Avenue, Frankfort, KY 40601

$878,000
4,255 sqft 0.30 AC lot

Fully renovated, host-occupied bed and breakfast with multiple kitchens, en-suite bedrooms, and off-street parking.

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Adaptable Commercial Building on Louisville Road
Adaptable Commercial Building on Louisville Road

949 Louisville Rd, Frankfort, KY 40601

$1,500,000
9,860 sqft

High-visibility commercial building with flexible layout and redevelopment potential.

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Corner Lot Office Building
Corner Lot Office Building

91 C Michael Davenport Boulevard, Frankfort, KY 40601

$695,000
5,435 sqft 0.74 AC lot

A well-maintained office building on a large corner lot with a functional interior layout.

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Two-Residence Hospitality Property
Two-Residence Hospitality Property

315 W 3rd Street, Frankfort, KY 40601

$1,123,000
5,824 sqft 0.29 AC lot

Two separate residences totaling 5 bedrooms in the main home plus a furnished guest house currently operated as a short-term rental.

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Commercial Building with Business Units
Commercial Building with Business Units

114 Grandview Drive, Frankfort, KY 40601

$596,467
6,500 sqft 0.29 AC lot

Commercial building featuring ten individual business units in Frankfort, KY.

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Standalone Medical Office Building
Standalone Medical Office Building

635 Comanche Trl, Frankfort, KY 40601

$450,000
4,800 sqft

Updated medical office building with triage space, multiple private offices, and four updated bathrooms.

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Downtown Frankfort Commercial Opportunity
Downtown Frankfort Commercial Opportunity

335-337 W Broadway Street, Frankfort, KY 40601

$550,000
1,923 sqft 0.06 AC lot

Versatile commercial space with high visibility and development potential.

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Standalone Medical Office Building
Standalone Medical Office Building

635 Comanche Trail, Frankfort, KY 40601

$450,000
4,800 sqft 0.34 AC lot

Well-maintained medical office with private entrances, dedicated bathrooms, and an exclusive 22-space parking lot.

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Drive-Through Restaurant and Apartment
Drive-Through Restaurant and Apartment

630 Versailles Road, Frankfort, KY 40601

$599,995
3,193 sqft

Commercial space with a drive-through window and an attached upper apartment, with recent flooring, electrical, and paint upgrades.

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Retail Building with Drive-Through
Retail Building with Drive-Through

630 Versailles Road, Frankfort, KY 40601

$599,995
3,193 sqft 0.35 AC lot

Commercial building on a high-traffic corridor with a drive-through window, on-site parking, and an upper half-story apartment.

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Block Flex Warehouse with Parking
Block Flex Warehouse with Parking

9 Reilly Road, Frankfort, KY 40601

$529,900
4,688 sqft 0.75 AC lot

Block flex building on a fully paved 0.75-acre lot with covered parking, multiple entrances, and office restroom support.

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Leased Distribution Facility For Sale
Leased Distribution Facility For Sale

102 Bypass Plaza Dr, Frankfort, KY 40601

$1,995,000
20,998 sqft 2.70 AC lot

20,998 SF distribution facility 100% leased in Frankfort, Kentucky.

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Frankfort, KY Commercial Investment
Frankfort, KY Commercial Investment

3 HMB Circle, Frankfort, KY 40601

$2,565,000
20,830 sqft 1.49 AC lot

NNN leased commercial property with income and renewal options.

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Two-Story Brick Commercial Building
Two-Story Brick Commercial Building

225 W Main Street, Frankfort, KY 40601

$325,000
3,420 sqft 0.27 AC lot

Two-story brick building with month-to-month diner lease and storage space, newly roofed in 2023.

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High-Visibility Commercial Land
High-Visibility Commercial Land

7401 John Davis Drive, Frankfort, KY 40601

$1,110,000
168,533 sqft 3.87 AC lot

Large, high-visibility commercial lot zoned CG for retail, hospitality, or drive-thru development near Parkside Shopping Center.

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Steel-Framed Metal Warehouse Building
Steel-Framed Metal Warehouse Building

3464 Louisville Road, Frankfort, KY 40601

$595,900
10,801 sqft 1.80 AC lot

Steel-framed metal warehouse on 1.8+/- acres with concrete flooring and 3-phase electric, zoned General Commercial.

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Downtown Office Suite
Downtown Office Suite

209 Saint Clair Street, Frankfort, KY 40601

Contact for pricing
6,031 sqft

Fourth-floor office space available across from the Franklin County Courthouse with tenant parking in a nearby garage.

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Live-Work Commercial Shop Property
Live-Work Commercial Shop Property

2590 Bald Knob Road, Frankfort, KY 40601

$375,000
1,296 sqft 1.52 AC lot

Live-work property with a 2-bedroom residence and a detached 6-bay garage/shop on General Commercial-zoned land.

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Frankfort Commercial Property Investment Opportunity
Frankfort Commercial Property Investment Opportunity

1070 Versailles Road, Frankfort, KY 40601

$4,250,000
23,987 sqft

23,987 SF building on 5.932 AC for sale.

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Brick Retail-Office Building
Brick Retail-Office Building

1055 U.S. Highway 127, Frankfort, KY 40601

$389,000
3,058 sqft 0.61 AC lot

All-brick commercial building with marquee signage and about 100 feet of road frontage on US 127.

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Streetfront Retail Building with Storage
Streetfront Retail Building with Storage

757-765 East Main Street, Frankfort, KY 40601

Contact for pricing
15,730 sqft

Flexible street-level retail with frontage, lower-level storage, and ample parking supports both leasing and owner-occupancy.

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General Commercial Development Land
General Commercial Development Land

7401 John Davis Drive, Frankfort, KY 40601

$1,110,000
3.87 AC lot

Commercially zoned lot near Parkside Shopping Center with access to major corridors for retail, lodging, or drive-through concepts.

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Frankfort, KY Commercial Real Estate Market Trends and Statistics

Explore 87 commercial real estate for sale in Frankfort, KY, showcased through 87 active listings on our real estate platform. These investment opportunities span a total of 484,844 square feet of properties for sale, with an estimated market value of $47,027,807.

Sale prices for business properties in Frankfort, KY start at $325,000, averaging $1,469,618, and reaching up to $6,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 52K
Population Growth (5Y) +1.1%
Median Household Income $67,125
College Educated 5.0%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40601 $948.9K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $43.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

Retail

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