Restaurants

Frankfort, KY Restaurants for Sale

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Midway, KY Lawrenceburg, KY Bagdad, KY Waddy, KY Georgetown, KY Stamping Ground, KY Versailles, KY Shelbyville, KY
Drive-Through Restaurant and Apartment
Updated: Jul 14
Drive-Through Restaurant and Apartment

630 Versailles Rd, Frankfort, KY 40601

$599,995
3,193 sqft
Highly visible commercial property on a busy Frankfort highway with an estimated daily traffic count of 12,000–15,000 vehicles.
Commercial building includes a convenient drive‑through window and ample on‑site parking for customers and employees.
Upper half‑story features a 2‑bedroom, 1‑bath apartment for additional rental income, owner occupancy, or on‑site management.
Recent upgrades include new luxury vinyl plank (LVP) flooring, new carpet, electrical updates, and fresh paint in both the commercial space and apartment.
Attached apartment adds flexibility for mixed‑use living and operating from the property.
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Two-Story Restaurant with Riverfront Deck
Updated: May 20
Two-Story Restaurant with Riverfront Deck

103 W Main St, Frankfort, KY 40601

$795,000
2,600 sqft
2,600‑square‑foot, two‑story brick restaurant building
Multi‑level outdoor deck with 200+ indoor/outdoor seats
Directly on the Kentucky River in downtown Frankfort
Rebuilt kitchen with two walk‑in coolers, fryer, stove, and reach‑ins
Basement storage with locked liquor room and small freezer space
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Downtown Restaurant Property
Historic Downtown Restaurant Property

108 Court Street lot: 108, Versailles, KY 40383

$1,799,900
7,122 sqft 0.23 AC lot

Fully equipped restaurant with multiple dining areas, two terraces, two bars, and private event rooms in downtown Versailles.

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Renovated Mixed-Use Property
Renovated Mixed-Use Property

113, 115, 117 S Main St, Lawrenceburg, KY 40342

$899,900
1,470 sqft

Three studio rentals, a restaurant, and tourism office occupy a downtown Lawrenceburg commercial property.

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Renovated Mixed-Use Downtown Property
Renovated Mixed-Use Downtown Property

117 South Main Street, Lawrenceburg, KY 40342

Contact for pricing
7,232 sqft

Three studio rentals complement restaurant and office uses across a renovated downtown property.

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Historic Restaurant with Outdoor Terraces
Historic Restaurant with Outdoor Terraces

108 Court St, Versailles, KY 40383

$1,799,900

The equipped operation includes several dining areas, bar service, and a separate insurance-office component.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

2 Leestown Road, Frankfort, KY 40601

$625,000
3.37 AC lot

Flat commercial site with utility access and flexibility for single-user or multi-tenant development.

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13-Acre Commercial Land Package
13-Acre Commercial Land Package

Parcel 1 Englewood Democrat Drive, Frankfort, KY 40601

$4,200,000
13.26 AC lot

Vacant commercial land with PO zoning, water availability, and access to established retail and restaurant activity.

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Commercial Land Parcel Package
Commercial Land Parcel Package

Parcel 1 Englewood Democrat Drive, Frankfort, KY 40601

$4,200,000
13.26 AC lot

Seven vacant parcels offered together or individually, with water available and PO zoning.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

Democrat Drive lot: 1D, Frankfort, KY 40601

$995,000
1.77 AC lot

PO-zoned commercial land with water available and access from two roads.

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Off-Market Properties in Frankfort, KY

Consider similar Off-Market properties in Frankfort, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1127 Us Highway 127
Restaurants

1127 Us Highway 127, Frankfort, KY 40601

Estimated value: by Request
85,000 sqft 14.30 AC lot
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1303 Us-127
Restaurants

1303 Us-127, Frankfort, KY 40601

Estimated value: by Request
6,753 sqft 1.68 AC lot
View details

Frankfort, KY Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 5,793 square feet of properties for sale, with an estimated market value of $1,394,995.

Sale prices for restaurant properties in Frankfort, KY start at $599,995, averaging $697,497, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drive through restaurants 3
Conventional restaurants 2

Demographics Overview

Population 52K
Population Growth (5Y) +1.1%
Median Household Income $67,125
College Educated 5.0%

High-Yield Neighborhoods for Investment

Identify Frankfort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40601 $573.3K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $43.09 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Franklin County

New Delisted

Total CRE Inventory on Market (SF)

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