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    Frankfort, KY
    Live - Work Space

    Frankfort, KY Live-work Space for Sale

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    Live-Work Property with Elevator
    Updated: May 20
    Live-Work Property with Elevator

    205 Grandview Drive, Frankfort, KY 40601

    $1,150,000
    9,476 sqft 0.51 AC lot
    Zoned CL‑Limited Commercial
    +/- 4,000 commercial space with two half baths
    Current tenant has rented the space for 12 years
    Newer elevator installed in 2024
    Four bedroom suites with adjacent private baths and walk‑in closets
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    Live-Work Property with 6-Bay Shop
    Updated: Jun 17
    Live-Work Property with 6-Bay Shop

    2590 Bald Knob Road, Frankfort, KY 40601

    $319,900
    1,296 sqft 1.52 AC lot
    1.518‑acre commercial property along Bald Knob Road
    1,296‑square‑foot residence with 2 bedrooms and 2 bathrooms
    Detached shop building exceeding 3,500 square feet
    6‑bay garage/shop configuration with service and storage areas
    General Commercial zoning
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    Live-Work Property with Elevator
    Live-Work Property with Elevator

    205 Grandview Drive, Frankfort, KY 40601

    $1,150,000
    9,476 sqft

    Zoned CL-Limited Commercial, the property combines retail space with a multi-room residence.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Mixed-Use Property with 6-Bay Shop
    Mixed-Use Property with 6-Bay Shop

    2590 Bald Knob Road, Frankfort, KY 40601

    $319,900
    3,576 sqft 1.52 AC lot

    A two-bedroom residence and detached shop provide residential and commercial space on one parcel.

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    4 active listings match your search: Live-Work for sale in Frankfort, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Historic Live-Work Property
    Historic Live-Work Property

    219 S 4th Street, Danville, KY 40422

    $499,900
    4,685 sqft 0.37 AC lot

    Two-level layout combines an established business setting with living quarters that can be completed with modifications.

    View details
    Office Building with Rear Patio
    Office Building with Rear Patio

    216 S Chiles Street, Harrodsburg, KY 40330

    $139,000
    1,530 sqft 0.05 AC lot

    H-1-zoned space combines an open front area with a separate rear room for flexible office use.

    View details
    Live-Work Space with Private Patio
    Live-Work Space with Private Patio

    216 S Chiles St, Harrodsburg, KY 40330

    $139,000
    1,530 sqft

    An open front area and separate rear room support business use, residential conversion, or a combination of both.

    View details
    Historic Live-Work Property
    Historic Live-Work Property

    219 S 4th St, Danville, KY 40422

    $499,900
    4,685 sqft

    Two-level configuration supports a commercial operation on the first floor with living quarters above.

    View details

    Frankfort, KY Live-Work Space Market Trends and Statistics

    Explore 4 live-work space for sale in Frankfort, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 23,824 square feet of properties for sale, with an estimated market value of $2,939,800.

    Sale prices for live-work properties in Frankfort, KY start at $319,900, averaging $734,950, 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 24
    Office buildings 12
    Medical Office Space 7

    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 $596.6K

    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

    Retail

    Office

    How Realmo verifies these figures

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    Popular Searches in Frankfort, KY

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    Most Searched ZIP Codes in Frankfort, KY

    • 40601

    Featured Frankfort Real Estate Agencies

    Realmo connects you with licensed Frankfort CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Simpson and Associates
    1105 Louisville Road Frankfort, KY 40601
    Phone: (502) 319-0108
    www.century21simpson.com
    Marshall Lane Real Estate
    112 E Main St. Frankfort, KY
    Phone: (502) 682-6663
    Crumbaugh Real Estate Group
    103 E Main St Frankfort, KY
    Phone: (502) 875-5211
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