167 Frankfort St Versailles, KY 40383

This unique 3,100 sq ft mixed-use property in downtown Versailles, KY, presents a rare investment opportunity. Located on Frankfort Street, this beautifully updated two-story building, constructed in 1903, sits on a 12,600 sq ft lot and is zoned B4, allowing for diverse commercial uses. Currently configured as a residential dwelling with three bedrooms and two bathrooms, it features a fully updated commercial kitchen equipped with high-end appliances (DCS by Fisher & Paykel stove, 500 CFM Braun hood, two Samsung refrigerators, custom cabinetry). The flexible floor plan offers potential for a variety of businesses, including office space, retail, daycare, catering, or short-term rentals. The property boasts custom finishes and woodwork throughout, including a bonus room above the garage. Its prime location offers excellent visibility and convenience, being within walking distance of the town square and a short drive from Lexington and Frankfort. This property is ideal for owner-occupants seeking a home/business combination or investors looking for a high-return opportunity in a thriving Kentucky location. The asking price is $549,000, translating to $177.10 per square foot. Don't miss this chance to own a piece of Versailles' vibrant downtown.