Live - Work Space

Frankfort, KY Live-work Space for Sale

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Live-Work Commercial Building
Updated: May 20
Live-Work Commercial Building

205 Grandview Drive, Frankfort, KY 40601

$1,150,000
9,476 sqft 0.51 AC lot
Live/work layout with CL‑Limited Commercial zoning and +/- 4,000 sq ft main retail level plus two half baths
Long‑term tenant in place: current tenant has rented the retail space for 12 years
Residence level includes a two‑car garage, foyer, dual stairs, and a newer 2024 elevator to the second floor
Second‑level residence offers living room, dining room, eat‑in kitchen, family room, and 4 bedroom suites with private baths and walk‑in closets
Additional home features include a half bath, covered front and back porches, and an external ramp to the ground level
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Live-Work Commercial Shop Property
Updated: Jun 17
Live-Work Commercial Shop Property

2590 Bald Knob Road, Frankfort, KY 40601

$375,000
1,296 sqft 1.52 AC lot
Approximately 1.52 acres with General Commercial zoning for mixed residential and commercial use
Detached 6‑bay garage/shop building with 3,500+ SF designed for vehicle, workshop, and storage space
On‑site 2‑bedroom, 2‑bathroom residence for live‑work convenience
Metal roof and aluminum siding
Heating includes heat pump and forced air, plus wood stove and electric options
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive-Ready Live-Work Building
Automotive-Ready Live-Work Building

311 Main Street, N Middletown, KY 40357

$159,000
770 sqft 0.24 AC lot

Versatile Main Street property with a garage, office space, and an upstairs one-bedroom apartment.

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Automotive Garage with Apartment
Automotive Garage with Apartment

311 Main Street, N Middletown, KY 40357

$159,000
770 sqft

Garage with automotive lift plus office and a move-in-ready one-bedroom, one-bath apartment above with mini-split HVAC.

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Live-Work Office with Multiple Fireplaces
Live-Work Office with Multiple Fireplaces

117 W Maxwell Street, Lexington, KY 40508

$249,900
958 sqft 0.05 AC lot

Remodeled B-1 live-work office with multiple fireplaces, hardwood floors, a full bath, kitchenette, and a fenced side patio.

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Live-Work Office with Patio
Live-Work Office with Patio

117 Maxwell Street, Lexington, KY 40508

$260,000
958 sqft

Remodeled office and live-work setup with fireplaces, exposed hardwood floors, a kitchenette, and a fenced side patio.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Infill Site in Historic Columbia
Infill Site in Historic Columbia

1015 S High St, Columbia, TN 38401

$135,000

Land parcel in Columbia, TN, zoned CD-4.

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Kalamazoo Land For Sale
Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000
0.16 AC lot

Land zoned Live Work 1 with downtown views.

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Industrial Land with Man-Made Ponds
Industrial Land with Man-Made Ponds

645 Route 30, Clinton, PA 15026

$215,000
13.18 AC lot

Zoned I-1 industrial land on 13.18 acres with 10 man-made ponds and a 1-bedroom, 1-bath residence onsite.

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City Center Parking Lot Development Site
City Center Parking Lot Development Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000
7,316 sqft 0.32 AC lot

Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

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Frankfort, KY Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 10,772 square feet of properties for sale, with an estimated market value of $1,525,000.

Sale prices for live-work properties in Frankfort, KY start at $375,000, averaging $762,500, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 26
Office buildings 14
Medical Office Space 5
Creative space 3

Demographics Overview

Population 52K
Population Growth (5Y) +1.1%
Median Household Income $67,125
College Educated 5.0%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40601 $762.5K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $43.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

Office

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