Price Reduction
202-204 W Broadway Frankfort, KY
$ 959,000
Property Attributes
  • MLS#20100958
  • TypeCommercial
  • CountyFRANKLIN
  • CityFrankfort
  • AreaFranklin County
  • NeighborhoodDowntown
  • Zip40601
  • StyleMixed Use
  • Taxes115735
  • Price$ 959,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7821
Listing Provided Courtesy Of:
CENTURY 21 Commonwealth R E
Data Source:
Lexington - Bluegrass Association of REALTORS
Property Description

Great opportunity to own a piece of downtown Frankfort. With revitalization projects in the works to attract business, tourism and residents to downtown, these two adjoining buildings offer limitless options for the investor. The main level has 4700SF and there are 2 one-bedroom and 1 three bedroom apartment upstairs. Purchase includes turnkey operation of Gibby's, one of Frankfort's most popular restaurants.

Price History
1/19/2021 Listed $995,000
4/12/2021 4% - $959,000

General Features

Board Loaded No
Ceiling Height 12
Construction Brick, Stone
Lease Type Gross
MLS Area Franklin County
Misc. Features Air Conditioning, Security Alarm, 100/200 Amp, 200/400 Amp, 3 Phase Electricity, Hot Water Heater
Parking Features Off Site
Possession Negotiable
Property SubType Mixed Use
Property Type Comm/Prof/Ind
Region Areas
Roof Flat, Rubber, Membrane
Sewer Sewer Connected, City
Sprinklers None
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name Downtown
Tax Rate 12.0684
Tenant Pays Electric, Gas, Water, Sewer, Trash Removal, Interior Maintenance
Terms Sale
Utilities Electricity Connected, Natural Gas Connected, Water Connected, Telephone
Zoning Description Commercial

Interior Features

Building Sf 7821
Ceiling Dropped, Open, Drywall
Floor Type Wood, Vinyl, Tile/Brick, Concrete, Partially Carpeted
Living Area 7821.00
Mens Restrooms 1
Stories Two
Water Heater Size 75
Womens Restrooms 1

Exterior Features

Bathrooms 0.00
Bldg Expan Sf 1300
Docks None
Lot Size Acres 0.00
Lot Size Square Feet 1.00
Lot Size Units SqFt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 40601

AVG $420K
AVG $68,687
AVG 43
AVG 35
Data Provided by Walkscore ® not using MLS data

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