Strip Mall

Frankfort, KY Strip Malls for Sale

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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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Multi-Tenant Retail Building
Updated: May 20
Multi-Tenant Retail Building

114 Grandview Dr, Frankfort, KY 40601

$596,467
6,500 sqft
Commercial building with 10 individual business units.
Each unit includes its own half bath.
Each unit has its own heating and cooling.
Each unit has its own electric service.
Rents are described as below market, leaving room for improvements.
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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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Multi-Tenant Retail Strip
Multi-Tenant Retail Strip

372 Longview, Lexington, KY 40503

$1,100,000
9,090 sqft 0.66 AC lot

For-sale retail rental property with two buildings and five tenants under B-1 zoning.

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Lawrenceburg Retail/Office Center Opportunity
Lawrenceburg Retail/Office Center Opportunity

1085 Eagle Lake Drive, Lawrenceburg, KY 40342

Contact for pricing
12,000 sqft

Retail/office center with suites available for lease near US Highway 127.

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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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Kroger-Anchored Retail Center Opportunity
Kroger-Anchored Retail Center Opportunity

3650 Boston Road, Lexington, KY 40514

Contact for pricing

Retail spaces available in a Kroger-anchored neighborhood 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.

Commercial Land With Dual Frontage
Commercial Land With Dual Frontage

666 E State Street, Georgetown, OH 45121

$599,900
1.38 AC lot

Six-parcel commercial land assembly with access from State Route 125 and Lake Street.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

21.72ac S York Hwy, Jamestown, TN 38556

$2,000,000

Mostly cleared commercial tract with frontage on multiple county roads and U.S. Highway 127.

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Commercial Land for Retail Development
Commercial Land for Retail Development

2 AC Cookeville Highway, Livingston, TN 38570

$400,000
2.00 AC lot

2-acre commercial land zoned C-3 on Cookeville Highway near Tractor Supply and Huddle House.

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Crossville Land for Commercial Business
Crossville Land for Commercial Business

2.62 HWY 127 N, Crossville, TN 38555

$399,500
2.62 AC lot

2.62 acre lot suitable for commercial or multi-family development.

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Frankfort, KY Strip Malls Market Trends and Statistics

Explore 3 strip malls for sale in Frankfort, KY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $1,185,467.

Sale prices for retail strips in Frankfort, KY start at $589,000, averaging $592,733, and reaching up to $596,467 — 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 6
Shopping centers 5
Automotive properties 4
Auto shops 3

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 $395.2K

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

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