Renovated Bed and
For Sale
$878,000
511-513 Capital Avenue, Frankfort, KY 40601
COMMERCIAL - Frankfort, KY
Property Size4,255 SF
Lot Size0.30 Acres
Price / SF$206.35
Days on Market48
Property Features for 511-513 Capital Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
South Frankfort
Directions
From Louisville Rd (US 60) at US 127, drive easy on Louisville Rd for 0.7 bear left onto Lafayette, Dr. in 0.3 mile turn left onto Shelby St. In 0.1 mile turn right onto State St. In 500 ft enter the traffic circle and take the 3rd exit onto Capital Ave. House is 0.2 mile on right. From East Main St (US 60) on Capital Ave, proceed across the Capital Ave Bridge for 0.5 mile on Capital Ave, make a U-turn and arrive at the home on the right.
Standard status
Active
APN
062-32-03-020.00
Size
4,255 SF
Lot size
0.30 Acres
Utilities
Heating system
Natural Gas, Heat Pump (Heating), Forced Air, Zoned
Cooling system
Electric, Multi Units, Heat Pump, Zoned
Listing Agency:
Marshall Lane Real Estate
(502) 682-1226
Listed By:
Mike Barnes
(502) 320-1186
Added: Jul 10
Changed: Aug 12
Last Checked: Aug 26 at 10:06AM
MLS# 26017337
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 fully renovated, host-occupied bed and breakfast and residence offers a stately, spacious interior with 3 bedrooms, each with en-suite bathrooms, plus 4 half bathrooms. The home includes two kitchens, two pantries, two dining rooms, a living room, and a lounge/barroom, along with an office and a bonus/sewing/work room. Multiple access points support flexible operations, including two stairways and five entrances, along with off-street and ample parking.
Situated directly on Capital Avenue in historic South Frankfort, the property is positioned among and near significant tourism draws referenced in the listing, including the Bourbon Trail, the Capitol and other historic sites, and downtown Frankfort.
While currently configured for bed and breakfast use, the property’s layout and access routes are described as supporting a range of possible alternative uses. Any potential alternative use would be subject to buyer verification and final approval, including applicable approvals, permitting, and other requirements.
Situated directly on Capital Avenue in historic South Frankfort, the property is positioned among and near significant tourism draws referenced in the listing, including the Bourbon Trail, the Capitol and other historic sites, and downtown Frankfort.
While currently configured for bed and breakfast use, the property’s layout and access routes are described as supporting a range of possible alternative uses. Any potential alternative use would be subject to buyer verification and final approval, including applicable approvals, permitting, and other requirements.
Key Highlights
- Fully renovated property configured with 3 bedrooms, each with an en‑suite bathroom
- 5 half bathrooms plus 2 kitchens, 2 pantries, 2 dining rooms, living room, and lounge/barroom
- Includes office and bonus/sewing/work room with two stairways and five entrances
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Balanced
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
Questions? Ask Rey
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Similar Off Market Nearby
- Hsbah — 616 Capital Ave, Frankfort, KY 40601, United States
- The Meeting House Restaurant — 519 Ann St, Frankfort, KY 40601
- BnB's BnB at the Meeting House — 519 Ann St, Frankfort, KY 40601
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Fully renovated, host-occupied bed and breakfast with multiple kitchens, en-suite bedrooms, and off-street parking.
Where is this bed & breakfast located?
The property is located at 511-513 Capital Avenue Frankfort, KY.
What is the asking price?
The asking price for this property is $878,000.
What are key features of this property?
This property features: Fully renovated property configured with 3 bedrooms, each with an en‑suite bathroom; 5 half bathrooms plus 2 kitchens, 2 pantries, 2 dining rooms, living room, and lounge/barroom; Includes office and bonus/sewing/work room with two stairways and five entrances
