Strip Mall

Frankfort, KY Strip Malls for Sale

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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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Retail Opportunities in Frankfort Corridor
Updated: Nov 21, 2025
Retail Opportunities in Frankfort Corridor

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

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Excellent visibility in Frankfort's busiest retail corridor.
Easy access from US 127, a main thoroughfare.
Located directly off US Highway 127 South, less than a mile from I‑64.
Frankfort is the midway point between Lexington and Louisville.
Proximity to major retailers: Walmart, Kroger, Lowes, Chick‑Fil‑A, Advance Auto Parts, Dairy Queen, and more.
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2 active listings match your search: Strip Mall for sale in Frankfort, KY. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Multi-Tenant Strip Mall
Multi-Tenant Strip Mall

372 Longview, Lexington, KY 40503

$1,000,000
9,090 sqft

Two buildings provide a five-tenant rental configuration in Lexington’s Southland area.

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Multi-Tenant Retail Property
Multi-Tenant Retail Property

372 Longview, Lexington, KY 40503

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

Two buildings accommodate five tenants on a 0.6564-acre parcel zoned B-1.

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

1085 Eagle Lake Drive, Lawrenceburg, KY 40342

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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

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

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Frankfort, KY Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Frankfort, KY on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale, with an estimated market value of $589,000.

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 14
Automotive properties 8
Auto shops 7
Shopping centers 7

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 $294.5K

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

Office

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