113-127 Brighton Park Blvd Frankfort, KY 40601
This exceptional 1.2-acre commercial property at 113-127 Brighton Park Blvd, Frankfort, KY 40601, is offered at $1,800,000. The 12,000 square foot building presents a versatile investment opportunity, ideal for a variety of uses. Currently vacant, the property previously housed a restaurant and a furniture store/hair salon, showcasing its adaptability. Existing commercial kitchen amenities are in place, making it a prime location for a restaurant. Alternatively, the space could be easily divided into seven individual units, catering to multiple tenants. The property boasts 51+ parking spaces, a significant advantage in a high-traffic area. Conveniently located off US60 Versailles Rd, near Garcia's Mexican Restaurant, this site offers easy access to both Lexington and Louisville. Two HVAC units were replaced in 2021, demonstrating recent investment in the property's infrastructure. Furthermore, a drive-through lane has been approved for the far end of the building, adding further potential for various business models. This is a rare opportunity to acquire a substantial commercial property in a thriving Kentucky location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.