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    Frankfort, KY
    Strip Mall

    Frankfort, KY Strip Malls for Sale

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    Midway, KY Lawrenceburg, KY Bagdad, KY Georgetown, KY Waddy, KY Stamping Ground, KY Versailles, KY Shelbyville, KY
    Ten-Unit Strip Mall
    Updated: May 20
    Ten-Unit Strip Mall

    114 Grandview Drive, Frankfort, KY 40601

    $589,000
    6,500 sqft 0.29 AC lot
    10 individual business units
    6,500 square feet of commercial building area
    Each unit includes a half bath
    Separate heating, cooling, and electric service for each unit
    Block and brick construction with membrane roof
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    Multi-Tenant Retail Building
    Updated: May 20
    Multi-Tenant Retail Building

    114 Grandview Dr, Frankfort, KY 40601

    $589,000
    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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Frankfort, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    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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    Retail Suite with Shared Parking
    Retail Suite with Shared Parking

    145 Burt Road, Suite 3, Lexington, KY 40503

    Contact for pricing
    1.30 AC lot

    Retail suite with B-1 zoning and 52 shared parking spaces, with marquee visibility from Nicholasville Road.

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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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    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 $1,178,000.

    Sale prices for retail strips in Frankfort, KY average $589,000 — 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 18
    Automotive properties 6
    Shopping centers 6
    Auto shops 5

    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 $392.7K

    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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    Popular Searches in Frankfort, KY

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    Most Searched ZIP Codes in Frankfort, KY

    • 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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