669 Chamberlin Ave Frankfort, KY 40601
- Office space
- 38,966 SF
- 3.24 lot acres
Current Use by Public Records
- Kentucky Court of Appeals / Legal Services
Property Details for 669 Chamberlin Ave
- Year built
- 2002
- Lot size
- 3.24 lot acres
- Property size
- 38,966 SF
- Property type
- Office space
- APN
- 036-00-00-011.25
Description
This exceptional single-story, Class B office building, located at 669 Chamberlin Avenue in Frankfort, Kentucky, presents a unique owner-user or investment opportunity. Boasting a substantial 38,956 square feet of net rentable space, this 2002-constructed property sits on a generous 3.24-acre lot and offers ample parking with 134 spaces. Currently configured as a multi-tenant building, a significant portion (21,966 square feet) is leased to the Kentucky Administrative Office of the Courts, providing a stable income stream for an investor. The remaining 16,990 square feet is available for lease or immediate occupancy, allowing for expansion or customization to suit a variety of business needs. The property is zoned PO Professional Office, ensuring flexibility for various professional uses. The asking price is $2,800,000, translating to a price per square foot of $71.86. This Frankfort property offers a compelling combination of established tenancy, significant available space, and convenient parking, making it an attractive proposition for both investors and owner-occupiers. The property's location in Franklin County, Kentucky, and its proximity to key amenities further enhance its appeal. The building's single-story design and substantial parking make it highly accessible and functional. This is a rare opportunity to acquire a substantial, well-located office building in a thriving Kentucky market. The APN is 036-00-00-011.25.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Franklin
- State
- Kentucky
- Longitude
- -84.9218301
- Latitude
- 38.1583705
