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    OFF-MARKET
    Commercial real estate

    208 Steele St, Frankfort, KY 40601

    3,328 SF 0.29 ac lot
    Property ID
    US34-1771140
    Property summary
    AI-generated overview

    This exceptional commercial property located at 208 Steele Street in Frankfort, Kentucky, presents a unique opportunity to acquire a well-established office building. Boasting 3,328 square feet on a 0.292-acre lot, this building offers ample space for a variety of business needs. The property features seven individual offices, a dedicated conference room equipped for high-quality video conferencing, a convenient kitchen area, and a large open space ideal for cubicles or additional workspace. The building's character is evident throughout, creating a professional yet inviting atmosphere. Convenient off-street parking is available, a significant advantage in the downtown area. The property is situated between Second and Steele Streets in the heart of Frankfort. This is a rare opportunity to purchase a move-in ready office space with significant expansion potential. The sale is an "as-is" transaction. The property's address is 208 Steele Street, Frankfort, KY 40601. The asking price is $399,900.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,328 SF
    Lot 0.29 ac (12,720 SF)
    UPID US34-1771140
    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
    • Sunshine Center Social Service Agency Charitable Organization
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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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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