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Property profile & analytics
OFF-MARKET
Commercial real estate

156 Frankfort St Versailles, KY 40383

3,029 SF 0.32 ac lot
Property ID
US34-1156212
Property summary
AI-generated overview

This exceptional 3,029 square foot commercial property is situated on Frankfort Street in Versailles, Kentucky, a highly visible main corridor connecting the city's central business district to US 60 and major highway arteries including US 62 and I-64. This strategic location provides easy access to both Frankfort and Lexington. The property sits on a 0.32-acre lot and is zoned B-4 Highway Business District, allowing for a variety of uses. Permitted uses include retail establishments, small service businesses, drugstores, hardware stores, professional offices, and banks. Currently, the property boasts two tenants: an orthodontist office occupying the front space and a pet spa located in the rear. The B-4 zoning designation is highly sought after and properties with this zoning are rarely available. This presents a unique opportunity for investors or business owners seeking a well-located, versatile commercial space with existing income streams. The asking price for this turnkey operation is $395,000. This property offers excellent visibility and accessibility, making it an ideal investment for a variety of commercial ventures. Don't miss this chance to acquire a prime commercial property in a thriving Kentucky community.

Property profile
Verified
Property type Commercial real estate
Total area 3,029 SF
Lot 0.32 ac (13,939 SF)
UPID US34-1156212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quillen Eric L DDS Dental Office
  • Quillen Orthodontics Dental Office
  • Simpson's Pet Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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