Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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