Live-Work Property with
For Sale
$1,150,000
205 Grandview Drive, Frankfort, KY 40601
Zoned CL-Limited Commercial, the property combines retail space with a multi-room residence.
Property Size9,476 SF
Price / SF$121.36
Days on Market171
Property Features for 205 Grandview Drive
General Information
Standard status
Active
Size
9,476 SF
Total Parking Spaces
14
Property subtype
Commercial
Zoning
CL - Limited Commercial
Additional Details
Mixed-Use Components
retail, residential
Tenant in Place
Yes
Amenities
two half baths
large parking lot
two-car garage
foyer
dual stairs
elevator
upper foyer
living room
dining room
eat-in kitchen
family room
4 bedroom suites
half bath
covered front porch
covered back porch
external ramp
Building Details
Building Size
9,476 SF
Buildings
1
Stories
2
Listing Agency:
CENTURY 21 Simpson & Associates
(502) 223-1600
Listed By:
Brent D Simpson · License #263029
(502) 320-4076
Source:
Bluegrasspropertiesgroup
Added: May 20
Changed: Nov 4
Last Checked: Nov 5 at 11:10PM
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 CENTURY 21 Simpson & Associates
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Investment Insights
Based on property information with market context.
The property pairs a ground-level commercial area of approximately 4,000 square feet with a residence above. The retail level has two half baths and is occupied by a tenant who has leased the space for 12 years. A two-car garage, foyer, dual staircases, and an elevator installed in 2024 serve the residential level. The home includes living and family rooms, a dining room, an eat-in kitchen, four bedroom suites with private adjacent baths and walk-in closets, and an additional half bath. Covered porches at the front and rear, along with an exterior ramp to ground level, are also part of the property.
The property is located at 205 Grandview Drive in Frankfort and is zoned CL-Limited Commercial.
The property is located at 205 Grandview Drive in Frankfort and is zoned CL-Limited Commercial.
Key Highlights
- Approximately 4,000 square feet of commercial space with two half baths
- +/- 4,000 commercial space, occupied by a tenant for 12 years
- Four bedroom suites with adjacent private baths and walk‑in closets
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Zoned CL-Limited Commercial, the property combines retail space with a multi-room residence.
Where is this live-work space located?
The property is located at 205 Grandview Drive Frankfort, KY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Approximately 4,000 square feet of commercial space with two half baths; +/- 4,000 commercial space, occupied by a tenant for 12 years; Four bedroom suites with adjacent private baths and walk‑in closets
