208 Steele St, Frankfort, KY 40601
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.
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Sunshine Center Social Service Agency Charitable Organization
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
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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.