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Frankfort, KY Retail Properties & Spaces for Sale

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Frankfort Commercial Live/Work Opportunity
Updated: May 20
Frankfort Commercial Live/Work Opportunity

205 Grandview Drive, Frankfort, KY 40601

$1,200,000
9,476 sqft 0.51 AC lot
Live/work opportunity with CL‑limited commercial zoning
+/- 4,000 sq ft commercial space with parking lot and long‑term tenant
Residential level with newer elevator (2024) access
Four bedroom suites with private baths and walk‑in closets
Two‑car garage
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Commercial Building with Business Units
Updated: May 20
Commercial Building with Business Units

114 Grandview Drive, Frankfort, KY 40601

$596,467
6,500 sqft 0.29 AC lot
Commercial building with 10 individual business units
Each unit has its own half bath
Units include individual heating and cooling with heating available via natural gas forced air
Cooling provided through window and wall unit(s), plus electric cooling
Construction materials include block and brick, with a membrane roof
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Downtown Frankfort Commercial Opportunity
Downtown Frankfort Commercial Opportunity

335-337 W Broadway Street, Frankfort, KY 40601

$550,000
1,923 sqft 0.06 AC lot

Versatile commercial space with high visibility and development potential.

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Adaptable Commercial Building on Louisville Road
Adaptable Commercial Building on Louisville Road

949 Louisville Rd, Frankfort, KY 40601

$1,500,000
9,860 sqft

High-visibility commercial building with flexible layout and redevelopment potential.

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Retail Opportunity in Frankfort, KY
Retail Opportunity in Frankfort, KY

949 Louisville Road, Frankfort, KY 40601

$1,500,000
9,860 sqft 0.78 AC lot

High-visibility shopping center on Louisville Road in Frankfort, Kentucky.

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Brick Retail-Office Building
Brick Retail-Office Building

1055 U.S. Highway 127, Frankfort, KY 40601

$389,000
3,058 sqft 0.61 AC lot

All-brick commercial building with marquee signage and about 100 feet of road frontage on US 127.

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Retail Building with Drive-Through
Retail Building with Drive-Through

630 Versailles Road, Frankfort, KY 40601

$599,995
3,193 sqft 0.35 AC lot

Commercial building on a high-traffic corridor with a drive-through window, on-site parking, and an upper half-story apartment.

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Streetfront Retail Building with Storage
Streetfront Retail Building with Storage

757-765 East Main Street, Frankfort, KY 40601

Contact for pricing
15,730 sqft

Flexible street-level retail with frontage, lower-level storage, and ample parking supports both leasing and owner-occupancy.

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Two-Story Brick Commercial Building
Two-Story Brick Commercial Building

225 W Main Street, Frankfort, KY 40601

$325,000
3,420 sqft 0.27 AC lot

Two-story brick building with month-to-month diner lease and storage space, newly roofed in 2023.

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Live-Work Commercial Shop Property
Live-Work Commercial Shop Property

2590 Bald Knob Road, Frankfort, KY 40601

$375,000
1,296 sqft 1.52 AC lot

Live-work property with a 2-bedroom residence and a detached 6-bay garage/shop on General Commercial-zoned land.

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Restaurant-Ready Retail Space with Patio
Restaurant-Ready Retail Space with Patio

934 Louisville Road, Frankfort, KY 40601

Contact for pricing
1,200 sqft

A highly visible Louisville Road storefront with a patio concept and strong daily traffic in Frankfort’s major retail corridor.

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Frankfort Commercial Property For Sale
Frankfort Commercial Property For Sale

227-229 W Broadway Street, Frankfort, KY 40601

$695,000
4,900 sqft

Commercial property in downtown Frankfort with steady rental income.

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Former Dealership on Versailles Road
Former Dealership on Versailles Road

1070 Versailles Rd, Frankfort, KY 40601

$4,250,000
25,000 sqft 6.00 AC lot

Turn-key auto dealership and service facility on 6 acres.

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Office/Retail Facility on High-Traffic Corridor
Office/Retail Facility on High-Traffic Corridor

1047 U.S. Highway 127 South, Frankfort, KY 40601

Contact for pricing

Office/retail facility with high visibility and accessibility on U.S. Hwy 127.

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Retail Opportunities in Frankfort Corridor
Retail Opportunities in Frankfort Corridor

1122-1130 US Hwy 127 S, Frankfort, KY 40601

Contact for pricing

Retail spaces available in Frankfort's busiest retail corridor.

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Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 15 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

Prime Land in Eagle Lake
Prime Land in Eagle Lake

7 Eagle Lake Drive, Lawrenceburg, KY 40342

$1,799,000
8.41 AC lot

8.41 acres in thriving commercial development with utilities.

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Retail Space in Kroger Center
Retail Space in Kroger Center

118 Marketplace Circle, Georgetown, KY 40324

Contact for pricing
37,300 sqft

2,500 SF retail space in premier shopping center.

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Georgetown Retail Shopping Center For Sale
Georgetown Retail Shopping Center For Sale

751 Slone Drive, Georgetown, KY 40324

Contact for pricing
51,390 sqft

51,390 SF shopping center in a growing Kentucky community.

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Lawrenceburg Retail Strip Center Opportunity
Lawrenceburg Retail Strip Center Opportunity

1008-1052 Eagle Lake Drive, Lawrenceburg, KY 40342

Contact for pricing

Retail/office suites available in a high-traffic Lawrenceburg strip center.

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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.

Frankfort Land Package Deal
Frankfort Land Package Deal

Parcel 1 Englewood Democrat Drive, Frankfort, KY 40601

$4,200,000
13.26 AC lot

Seven vacant land parcels with redevelopment potential near interstate exit.

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Frankfort Land Package Deal
Frankfort Land Package Deal

Parcel 1 Englewood Democrat Drive, Frankfort, KY 40601

$4,200,000
13.26 AC lot

Seven vacant land parcels with redevelopment potential near interstate exit.

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2.66 Acres Prime Corner Lot
2.66 Acres Prime Corner Lot

Englewood Drive lot: 1E, Frankfort, KY 40601

$722,949
2.66 AC lot

Prime corner lot for commercial development with high visibility.

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2.66 Acres Prime Corner Lot
2.66 Acres Prime Corner Lot

Englewood Drive lot: 1E, Frankfort, KY 40601

$722,949
2.66 AC lot

Prime corner lot with road frontage in Frankfort, Kentucky.

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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.

125 Brighton Park Blvd
Office Spaces

125 Brighton Park Blvd, Frankfort, KY 40601

Value Estimation by Request
12,000 sqft 1.20 AC lot
View details
100 Twin Oaks Cir
Individual retail properties

100 Twin Oaks Cir, Frankfort, KY 40601

Value Estimation by Request
5,100 sqft
View details
500 Holmes St
Individual retail properties

500 Holmes St, Frankfort, KY 40601

Value Estimation by Request
2,886 sqft 1.28 AC lot
View details
118 Brighton Park Blvd
Land

118 Brighton Park Blvd, Frankfort, KY 40601

Value Estimation by Request
104,386 sqft
View details
1127 Us Highway 127
Restaurants

1127 Us Highway 127, Frankfort, KY 40601

Value Estimation by Request
85,000 sqft 14.30 AC lot
View details
452 Versailles Rd
Land

452 Versailles Rd, Frankfort, KY 40601

Value Estimation by Request
1.45 AC lot
View details
500 Holmes St
Retail properties & Spaces

500 Holmes St, Frankfort, KY 40601

Value Estimation by Request
View details
592 Main St
Coworking space

592 Main St, Frankfort, KY 40601

Value Estimation by Request
14,400 sqft
View details
200 Limestone Dr
Land

200 Limestone Dr, Frankfort, KY 40601

Value Estimation by Request
0.78 AC lot
View details

Frankfort, KY Retail Properties & Spaces Market Trends and Statistics

Explore 28 retail properties & spaces for sale in Frankfort, KY, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 78,486 square feet of properties for sale, with an estimated market value of $11,980,462.

Sale prices for stores in Frankfort, KY start at $325,000, averaging $1,089,132, and reaching up to $4,250,000 — 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

Shopping centers 6
Automotive properties 4
Storefront properties 4
Auto shops 3
Banks 1

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 $692.2K

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Franklin County

Retail

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