Second-Floor Office Studio
For Lease
$750/Mo
306-316 Wapping St, Frankfort, KY 40601
Second-floor office/studio/flex suite with partially open layout, 12-foot ceilings, and large windows in a downtown building.
Space SizeContact for details
Days on Market130
Property Features for 306-316 Wapping St
General Information
Standard status
Active
Additional Details
Clear Height
12 ft
Listing Agency:
Bluegrass Realty & Investments
(502) 319-4754
Listed By:
Joe Johnson
(502) 319-4754
Source:
Exprealty
Added: Apr 22
Changed: Aug 20
Last Checked: Aug 28 at 12:48PM
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 Bluegrass Realty & Investments
Investment Insights
Based on property information with market context.
Second-floor office, studio, or flex space available within the Community Engagement Center (former Good Shepherd School). The building supports a mix of uses, including retail, artist/dance studios, offices, and makers spaces. This suite is approximately 1,600 square feet and features a partially open floorplan that can be configured for a range of uses.
The property is in downtown Frankfort and is positioned adjacent to the Franklin County Judicial Center and across the street from the Paul Sawyier Public Library.
Security deposit equal to one month’s rent is required.
The property is in downtown Frankfort and is positioned adjacent to the Franklin County Judicial Center and across the street from the Paul Sawyier Public Library.
Security deposit equal to one month’s rent is required.
Key Highlights
- Second‑floor office/studio/flex suite in the Community Engagement Center (former Good Shepherd School) in downtown Frankfort
- 1600 SF unit with a partially open floorplan that can be configured for many different uses
- 12‑foot ceilings and large banks of windows for a bright interior
Property Analytics
Current Use
Lease Details
12 ft
Clear height
NNN (Triple Net)
Lease Type
$0.84 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
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
Market
Lease Benchmarks for Frankfort, KY
$12.4 /SF/Yr
Avg Asking Price
$5.63–$16.76 /SF/Yr
Price Range
3,954 SF
Avg Space Size
This space is priced 55% below the average of $12.4 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office/studio/flex suite with partially open layout, 12-foot ceilings, and large windows in a downtown building.
Where is this office units located?
The property is located at 306-316 Wapping St Frankfort, KY.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Second‑floor office/studio/flex suite in the Community Engagement Center (former Good Shepherd School) in downtown Frankfort; 1600 SF unit with a partially open floorplan that can be configured for many different uses; 12‑foot ceilings and large banks of windows for a bright interior
