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    201-217 Main St Versailles, KY 40383

    For Lease
    $13 SF/Yr

    Class A medical/professional office suite.

    Lot size:
    20,858 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Thoroughbred Square, located at 201-217 N. Main St. in Versailles, KY 40383, offers a 1,240 square foot, Class A medical office suite available for lease. This suite, within a larger 20,858 square foot, two-story building, is part of a vibrant mixed-use development in the heart of the city's central business district. Built in 2006, the building features attractive architectural details including ornamental stone, wood siding, and a masonry brick veneer. The space includes a reception area with a waiting room, three private offices (one large enough to serve as a conference room and includes a kitchenette), a storage closet, and a private restroom. Previously used as a medical office, it's easily adaptable to various professional uses. Tenants benefit from ample on-site parking (55 spaces) plus additional street parking. The building also features an elevator. The property sits on a 1.85-acre lot and is zoned B-2A, allowing for a wide range of commercial and professional uses. The lease rate is $1,343.33 per month. Signage is available on the building's directory. This charming landmark building offers a unique opportunity to establish a presence in the thriving Versailles business community.

    Property Features for 201-217 Main St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,858 SF
    Class
    A
    Total Rate
    22596.17

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 209 (F)
    Size
    1,240 SF
    Rate per SF
    $13

    HighLights

    • Abundant on‑site parking.
    • Locally owned and managed property.
    • Class A building construction.
    • B‑2 zoning permits diverse commercial uses, including professional, medical, and retail spaces.
    • Landmark building in Downtown Versailles' Main Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Versailles
    County
    Jessamine
    State
    Kentucky
    Longitude
    -84.7304985
    Latitude
    38.0546814

    Nearby Comparable

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    Nearby Similar for Lease

    • $15 SF/Yr
      2,023 SF

      Versailles Office Space For Rent

      Professional office space in the heart of Versailles' business district.
      201-217 N Main St, Versailles, KY 40383
      View Details
    • $7 SF/Yr
      85,654 SF

      Versailles Industrial Space For Lease

      85,654 SF industrial space available for lease.
      93 Industry Dr, Versailles, KY 40383
      View Details
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      791,035 SF

      Prime Woodford County Manufacturing Space

      791,035 SF Manufacturing Facility; 162,936 SF Available
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      Versailles Industrial Property for Rent

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    FAQs

    What type of property is this?
    Medical office - Class A medical/professional office suite.
    Where is this medical office located?
    The property is located at 201-217 Main St Versailles, KY.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Abundant on-site parking.; Locally owned and managed property.; Class A building construction.
    Request Owner's contact information
    201-217 Main St Versailles, KY 40383
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201-217 Main St Versailles, KY 40383
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