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Storefront Property with Flexible Layout
New
For Sale
$350,000

1500-1502 Louisville Road, Frankfort, KY 40601

Commercial Sale, Frankfort, KY

Property Size3,704 SF
Lot Size0.42 Acres
Price / SF$94.49
Days on Market2

Property Features for 1500-1502 Louisville Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CH
Rooms Basement
Parking 20
Basement Unfinished
Subdivision Hawkeegan Park
Directions From US 127, west on US 60/Louisville Rd. approximately one mile to property on right.
Standard status Active
APN 049-20-02-015.00
Size 3,704 SF
Lot size 0.42 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Electric, Multi Units

Amenities

kitchen
storage
basement
porch lighting
deck

Building Details

Year built 1952
Floors in Building 2
Building materials Block, Vinyl Siding
Roof type Metal
Listing Agency: Torrey Smith Realty Co, LLC
Listed By: Nicole Carlton
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 2 at 8:06PM
MLS# 26024122

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 storefront property at 1500-1502 Louisville Road includes 3,704 square feet across a versatile commercial configuration. The main level provides open commercial space along with a kitchen area and substantial storage, while basement space adds functional capacity. An upper level may offer future residential use, subject to buyer verification and required approvals. The property is being sold as is and is zoned CH - Highway Commercial.

The 0.422-acre site sits along Louisville Road in Frankfort and includes on-site parking. Recent work includes a shingle roof on the 1-story building, new gutters, porch lighting, and pressure washing of the deck. The 2-story building has a metal roof. Kitchen equipment and other designated items remain with the property. Construction includes block and vinyl siding, with forced-air natural gas heating, multi-unit electric cooling, cable availability, and public sewer.

Key Highlights

  • 3,704 square feet of commercial property on a 0.422‑acre site
  • CH - Highway Commercial zoning
  • Main‑level commercial area with kitchen space and abundant storage

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Real Estate Agency HVAC Service

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

93
Businesses Nearby
Under-served
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Flowerland 1134 US-127, Frankfort, KY 40601

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial layout includes kitchen space, storage, basement area, and an upper level for additional use subject to approvals.
Where is this storefront property located?
The property is located at 1500-1502 Louisville Road Frankfort, KY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,704 square feet of commercial property on a 0.422‑acre site; CH - Highway Commercial zoning; Main‑level commercial area with kitchen space and abundant storage
More about this property
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