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Commercial Land with Freestanding Building
For Sale
$685,000

7 Reilly Rd, Frankfort, KY 40601

Corner-site redevelopment property with on-site utilities and Commercial General zoning.

Property Size2,700 SF
Price / SF$253.70
Days on Market173

Property Features for 7 Reilly Rd

General Information

Standard status Active
Size 2,700 SF
Property subtype Retail
Zoning CG
Listing Agency: 85W Real Estate
Listed By: Karan Singh · License #291704
Source: Kcrea.resimplifi
Added: Mar 10 Changed: Aug 28 Last Checked: Aug 29 at 5:52AM

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 85W Real Estate

Investment Insights

Based on property information with market context.

This 0.97-acre commercial land offering includes a 2,700-square-foot freestanding building on a corner parcel. The property has on-site utilities, full ingress and egress, and frontage exposure supported by traffic counts exceeding 21,000 vehicles per day.

The site is directly across from Buffalo Trace Distillery, which attracts more than 600,000 visitors annually. Its location in Frankfort places it between Louisville and Lexington, with access to the surrounding central Kentucky market.

Zoned CG, or Commercial General, the property is identified for a range of potential concepts including retail, QSR, motel, brewery, liquor store, restaurant, and transportation services. The existing building and site configuration support redevelopment-oriented planning for a commercial or visitor-focused use.

Key Highlights

  • ±0.97 acres with a 2,700 SF freestanding building
  • Directly across from Buffalo Trace Distillery, attracting 600,000+ annual visitors
  • Corner parcel with full ingress/egress

Property Analytics

Current Use

Inspiration Worship Ministries Church

Suggested Use

Top Pick Law Firm Auto Parts Store Restaurant Gym & Fitness Center Grocery & Convenience Store Building Supply

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

180
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner-site redevelopment property with on-site utilities and Commercial General zoning.
Where is this commercial land located?
The property is located at 7 Reilly Rd Frankfort, KY.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: ±0.97 acres with a 2,700 SF freestanding building; Directly across from Buffalo Trace Distillery, attracting 600,000+ annual visitors; Corner parcel with full ingress/egress
More about this property
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