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Historic Mixed-Use Property
For Sale
$1,495,000

108 W 2nd St, Frankfort, KY 40601

Two-building commercial property with CG zoning, flexible layouts, parking, multiple access points, and adaptive reuse potential.

Property Size20,973 SF
Lot Size0.93 Acres
Price / SF$71.28
Days on Market87

Property Features for 108 W 2nd St

General Information

Standard status Active
Size 20,973 SF
Lot size 0.93 Acres
Property subtype Industrial
Zoning CG

Site & Location

Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Span Yes
Three-Phase Power Yes

Amenities

overhead doors
air compressor lines
replacement gas + water lines
sewer connections every 40 feet
3-phase electric
Power
Water
Sewer
Natural Gas

Building Details

Buildings 2
Listing Agency: RE/MAX Premier Properties
Listed By: Sean Williams · License #214907
Source: Kcrea.resimplifi
Added: Jun 4 Changed: Aug 29 Last Checked: Aug 29 at 11:07AM

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 RE/MAX Premier Properties

Investment Insights

Based on property information with market context.

This mixed-use property includes 20,973 ± total SF across two buildings on 0.93 acres. Building 1 contains approximately 1,260 SF with updated plumbing and electrical, an ADA-sized restroom, 12’ ceilings, an overhead door, and possible drive-through functionality. Building 2 provides approximately 19,713 SF of clear-span warehouse space, retail and office frontage, a second-floor apartment, mezzanine storage, multiple overhead doors, substantial ceiling heights, and existing air compressor lines. Both buildings have 3-phase electric service.

The property carries CG zoning and is located within the Central Frankfort Historic District near Downtown Frankfort and the Kentucky State Capitol. Site access includes three curb cuts along the main road, alley access, and usable on-site parking. Replacement gas and water lines extend to the street, with sewer connections every 40 feet. The buildings’ historic character and flexible configuration support redevelopment or adaptive reuse, subject to applicable approvals.

Key Highlights

  • 20,973 ± total SF across two buildings on 0.93 acres
  • CG zoning within the Central Frankfort Historic District
  • Three curb cuts, alley access, and usable on‑site parking

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Big Box & Wholesale Store Building Supply Pharmacy Auto Parts Store Nail Salon

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

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building commercial property with CG zoning, flexible layouts, parking, multiple access points, and adaptive reuse potential.
Where is this mixed-use property located?
The property is located at 108 W 2nd St Frankfort, KY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 20,973 ± total SF across two buildings on 0.93 acres; CG zoning within the Central Frankfort Historic District; Three curb cuts, alley access, and usable on‑site parking
More about this property
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