Open-Plan Flex
For Lease
$750/Mo
316 Wapping Street, Frankfort, KY 40601
COMMERCIAL - Frankfort, KY
Space Size1,600 SF
Property Size22,000 SF
Lot Size0.22 Acres
Days on Market113
Property Features for 316 Wapping Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Central Business
Rooms
Basement
Basement
Concrete
Subdivision
Downtown
Directions
From E Main Street take a left on St. Clair and a right at the stop sign on to Wapping. From Wilkinson St. take a left onto Wapping.
Standard status
Active
APN
061-24-11-015.01
Size
800 SF
Lot size
0.22 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Radiant
Building Details
Year built
1922
Listing Agency:
Bluegrass Realty & Investments
(502) 352-2650
Listed By:
Joe Johnson
(502) 319-4754
Added: Apr 22
Changed: Aug 4
Last Checked: Aug 12 at 5:06AM
MLS# 26008660
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 second-floor flex space occupies part of a 22,000 square foot building with a partially open layout, 12-foot ceilings, and large window banks that bring natural light into the interior. The Community Engagement Center includes retail, artist and dance studios, offices, and makers spaces, creating a varied commercial setting. Radiant heating, cable availability, and public sewer serve the property.
The building dates to 1922 and sits in downtown Frankfort at 316 Wapping Street. It is adjacent to the Franklin County Judicial Center and across from the Paul Sawyier Public Library, placing the space within an established civic and commercial area.
The building dates to 1922 and sits in downtown Frankfort at 316 Wapping Street. It is adjacent to the Franklin County Judicial Center and across from the Paul Sawyier Public Library, placing the space within an established civic and commercial area.
Key Highlights
- 22,000 square foot Community Engagement Center
- Second‑floor flex space with a partially open layout
- 12‑foot ceilings and large banks of windows
Property Analytics
Property Profile
Current Use
Lease Details
12 ft
Clear height
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Under-served
Demand for This Use
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Second-floor commercial unit with broad window lines and a partially open layout that supports varied configurations.
Where is this flex space located?
The property is located at 316 Wapping Street Frankfort, KY.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: 22,000 square foot Community Engagement Center; Second‑floor flex space with a partially open layout; 12‑foot ceilings and large banks of windows
