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202 204-206 W Broadway

Frankfort, KY 40601
  • $849,000
  • STATUS: Contingent
  • ON SITE: 576 Days
  • MLS #: 20100958
Under Contract
UPDATED: 52 min ago
$849,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,821
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

COMMERCIAL REAL ESTATE OPPORTUNITY in Downtown Frankfort. This Real Estate Package Consists of Two Buildings (Approximately 7800 SF) and an Adjoining Parking Lot with Twenty Spaces, a Rarity for Downtown. Located in Bourbon Country Within A Block of the Kentucky History Center, State Offices, Historic Properties, and Downtown Businesses, this Property Offers a Mix of Commercial and Residential Space. With Two Completely Furnished Airbnb Apartments Upstairs Along With a Third Apartment Currently Occupied, a Steady Stream of Income is Already in Place. The Main Floor of Both Buildings (Approximately 4700 SF) Provides Everything Needed to Open and Operate a Restaurant Seating 150 With Additional Dining on the Patio. This Location is in a Designated Opportunity Zone Which May Have Potential Tax Benefits to Investors. Buyers to Satisfy Themselves Regarding All Aspects of Property.

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Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.laneteamky.com/homes/113381291
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202 204-206 W Broadway Frankfort, KY 40601

  • Price: $849,000
  • Status: Contingent
  • On Site: 576 Days
  • Updated: 52 min ago
  • MLS #: 20100958
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,821
SQFT
$109
$/SQFT
Neighborhood:
Downtown
County:
Franklin
Area:
Franklin County
Property Description
COMMERCIAL REAL ESTATE OPPORTUNITY in Downtown Frankfort. This Real Estate Package Consists of Two Buildings (Approximately 7800 SF) and an Adjoining Parking Lot with Twenty Spaces, a Rarity for Downtown. Located in Bourbon Country Within A Block of the Kentucky History Center, State Offices, Historic Properties, and Downtown Businesses, this Property Offers a Mix of Commercial and Residential Space. With Two Completely Furnished Airbnb Apartments Upstairs Along With a Third Apartment Currently Occupied, a Steady Stream of Income is Already in Place. The Main Floor of Both Buildings (Approximately 4700 SF) Provides Everything Needed to Open and Operate a Restaurant Seating 150 With Additional Dining on the Patio. This Location is in a Designated Opportunity Zone Which May Have Potential Tax Benefits to Investors. Buyers to Satisfy Themselves Regarding All Aspects of Property.
Exterior Features

Construction Materials BrickStone Docks None Parking 11 - 20 SpacesOn SitePaved Roof FlatMembraneRubber Stories Two

Interior Features

Building Expansion Sq Ft 1300 Building Square Footage 7821 Ceiling DroppedDrywallOpen Ceiling Height 12 Floor Type ConcretePartially CarpetedTile/BrickVinylWood Number Of Mens Restrooms 1 Number Of Womens Restrooms 1 Sprinklers None Water Heater Size 75

Property Features

Business Type Mixed Current Zoning Commercial Electricity Phase 1 And 3 Phase Exchange No Exchange Gross Scheduled Rental Income 88000 Lease Type Gross Miscellaneous Features 100/200 Amp200/400 Amp3 Phase ElectricityAir ConditioningHot Water HeaterSecurity Alarm Possession Negotiable Sale Lease Includes BuildingsBusinessEquipmentFixturesFurnitureInventoryLand Sewer Public Sewer Tax Rate 12.0684 Tenant Pays ElectricityGasInterior MaintenanceSewerTrash RemovalWater Terms Sale Utilities Telephone

Lexington-Bluegrass Association of Realtors logo Listing provided courtesy of Kathy Rogers of Century 21 Commonwealth R E. Listing information © 2022 LBAR Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502