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Property profile & analytics
OFF-MARKET
Commercial real estate

331 Versailles Rd Frankfort, KY 40601

2,028 SF 0.3 ac lot
Property ID
US34-1365882
Property summary
AI-generated overview

This exceptional 2,028 square foot commercial property, situated on a 0.3-acre lot at 331 Versailles Road in Frankfort, Kentucky, presents a unique investment opportunity. Originally a residential home, this building has been thoughtfully renovated into a functional and attractive office space, retaining much of its original charm. The property benefits from a highly desirable location on a busy thoroughfare, ensuring high visibility and significant traffic flow, ideal for businesses seeking maximum exposure. The adaptable layout offers considerable flexibility, making it suitable for a variety of commercial uses. The combination of a prime location and the potential for live/work arrangements makes this property a truly rare find in the Frankfort market. The asking price is $315,000. This property offers a compelling blend of residential aesthetics and commercial practicality, providing a unique and attractive space for a discerning business owner. Its location on a bustling road ensures consistent foot and vehicle traffic, maximizing the potential for customer interaction and brand awareness. The interior layout is designed to accommodate a range of business needs, offering both private and collaborative workspaces. The 0.3-acre lot provides ample space for parking and potential future expansion. This is an excellent opportunity to acquire a well-maintained, high-visibility commercial property in a thriving Kentucky city.

Property profile
Verified
Property type Commercial real estate
Total area 2,028 SF
Lot 0.3 ac (13,068 SF)
UPID US34-1365882
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
  • Smith Garage Equipment Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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