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    Frankfort, KY
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    Frankfort, KY Retail Properties & Spaces for Sale

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    29 properties
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    Live-Work Commercial Building
    Updated: May 20
    Live-Work Commercial Building

    205 Grandview Drive, Frankfort, KY 40601

    $1,150,000
    9,476 sqft 0.51 AC lot
    Live/work layout with CL‑Limited Commercial zoning and +/- 4,000 sq ft main retail level plus two half baths
    Long‑term tenant in place: current tenant has rented the retail space for 12 years
    Residence level includes a two‑car garage, foyer, dual stairs, and a newer 2024 elevator to the second floor
    Second‑level residence offers living room, dining room, eat‑in kitchen, family room, and 4 bedroom suites with private baths and walk‑in closets
    Additional home features include a half bath, covered front and back porches, and an external ramp to the ground level
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    Multi-Unit Retail Building
    Updated: May 20
    Multi-Unit Retail Building

    114 Grandview Drive, Frankfort, KY 40601

    $589,000
    6,500 sqft 0.29 AC lot
    Commercial building with 10 individual business units
    Each unit includes its own half bath, heating, cooling, and electric
    Heating: natural gas with forced air
    Cooling: wall and window unit(s), plus electric
    Construction materials: block and brick
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    Brick Storefront Property with Open Plan
    Brick Storefront Property with Open Plan

    335-337 W Broadway Street, Frankfort, KY 40601

    $550,000
    1,923 sqft 0.06 AC lot

    CB-zoned commercial space with exposed brick, high ceilings, natural light, and a glass garage-style storefront.

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    Live-Work Property with Elevator
    Live-Work Property with Elevator

    205 Grandview Dr, Frankfort, KY 40601

    $1,150,000
    9,476 sqft

    Zoned CL, the property combines a retail level with a four-suite residence and on-site parking.

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    Live-Work Property with 6-Bay Shop
    Live-Work Property with 6-Bay Shop

    2590 Bald Knob Road, Frankfort, KY 40601

    $359,900
    1,296 sqft 1.52 AC lot

    General Commercial zoning combines a residence with detached shop space for on-site business operations.

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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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    Frankfort Commercial 4-Bay Garage
    Frankfort Commercial 4-Bay Garage

    465 Devils Hollow Road, Frankfort, KY 40601

    $325,000
    2,204 sqft

    Heated and cooled 4-bay garage near downtown Frankfort.

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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    108 W 2nd St, Frankfort, KY 40601

    $1,495,000
    20,973 sqft 0.93 AC lot

    Two-building commercial property with CG zoning, flexible layouts, parking, multiple access points, and adaptive reuse potential.

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    Two-Story Brick Storefront
    Two-Story Brick Storefront

    225 W Main Street, Frankfort, KY 40601

    $325,000
    3,420 sqft 0.27 AC lot

    Currently leased to a local diner on a month-to-month basis, with upper-level storage space.

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    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    114 Grandview Dr, Frankfort, KY 40601

    $589,000
    6,500 sqft

    Commercial building with 10 individual units, each with its own half bath, HVAC, and electrical service.

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    Commercial Land with Freestanding Building
    Commercial Land with Freestanding Building

    7 Reilly Rd, Frankfort, KY 40601

    $685,000
    2,700 sqft

    Corner-site redevelopment property with on-site utilities and Commercial General zoning.

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    Freestanding NNN Property
    Freestanding NNN Property

    1481 Versailles Road, Frankfort, KY 40601

    Contact for pricing
    5,932 sqft

    Freestanding commercial building leased under an absolute NNN structure with no landlord responsibilities.

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

    949 Louisville Rd, Frankfort, KY 40601

    Contact for pricing
    9,860 sqft

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

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    Versailles Road Freestanding Building
    Versailles Road Freestanding Building

    654 Versailles Road, Frankfort, KY 40601

    Contact for pricing
    4,469 sqft 0.30 AC lot

    Freestanding building on Versailles Road with service bays and parking.

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    Retail Space in Frankfort, Kentucky
    Retail Space in Frankfort, Kentucky

    934 Louisville Road, Frankfort, KY 40601

    Contact for pricing
    5,700 sqft

    Retail space for lease with high visibility and traffic.

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    Versailles Road Commercial Property
    Versailles Road Commercial Property

    375 Versailles Rd, Frankfort, KY 40601

    Contact for pricing
    16,185 sqft

    Office and retail space available for sale.

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    O'Reilly Auto Parts Automotive Property
    O'Reilly Auto Parts Automotive Property

    289 Versailles Road, Frankfort, KY 40601

    Contact for pricing
    8,250 sqft 1.24 AC lot

    Automotive retail building occupied under a long-term NN lease.

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    Advance Auto Parts NNN Property
    Advance Auto Parts NNN Property

    268 Versailles Road, Frankfort, KY 40601

    Contact for pricing
    7,000 sqft

    Corporate-backed triple-net tenancy has more than three years remaining.

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    Fenced Flex Space with Shop
    Fenced Flex Space with Shop

    112 Collision Center Drive, Frankfort, KY 40601

    Contact for pricing
    4,000 sqft

    Steel-frame commercial facility with reception, offices, storage, and multiple automatic garage doors.

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    Walgreens Single-Tenant Drug Store
    Walgreens Single-Tenant Drug Store

    385 Versailles Rd, Frankfort, KY 40601

    Contact for pricing
    14,501 sqft

    Built to suit and leased under an absolute NNN structure, the property has served its current operator since 2006.

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    Former Dealership on Versailles Road
    Former Dealership on Versailles Road

    1070 Versailles Rd, Frankfort, KY 40601

    Contact for pricing
    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.

    View details

    Frankfort, KY Retail Properties & Spaces Market Trends and Statistics

    Explore 42 retail properties & spaces for sale in Frankfort, KY, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 185,488 square feet of properties for sale, with an estimated market value of $7,817,895.

    Sale prices for stores in Frankfort, KY start at $325,000, averaging $710,717, and reaching up to $1,495,000 — 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

    Storefront properties 14
    Shopping centers 9
    Automotive properties 7
    Auto shops 6
    Drug stores 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 $423K

    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

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    • 40601

    Featured Frankfort Real Estate Agencies

    Realmo connects you with licensed Frankfort CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Simpson and Associates
    1105 Louisville Road Frankfort, KY 40601
    Phone: 15023190108
    www.century21simpson.com

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