JERRY SIMS - Coldwell Banker McMahan
317 W Broadway St
Frankfort, KY 40601

Description

Location, location, location. Directly across the street from the Old Capitol and the home of the summer concert series, this 4600 square foot, wide open, modern industrial building is up for sale. Ideal for restaurant, retail, microbrewery, or micro distillery. Great foot traffic for Frankfort. This is the best location in the downtown as it has access to a full public parking lot less than a three minute walk away. The current owners are willing to build-to-suit, trade, or sell. The roof has been replaced with a brand new R-38 spray foam roof to allow the underside of the roof deck and rafters to remain exposed. The steel windows have been rehabbed with clear glass letting in abundant natural light, HVAC installed. Owners have started the historical tax credit process and have also applied for energy efficiency grants. New owner could purchase the LLC and take advantage. The price will go up as work progresses. Agent owned

Details

MLS#1727096
Sub-TypeResale
StatusActive
Year0
Days On Site224

Features

SQ Feet4,600
Story(s)0
ZoningGeneral Commercial

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Area Information

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
AreaFranklin County
Listing VS Median (in 40601)
Price:
$475,000
low | high
Med:
$117,950
100% of Average
SqFt:
4,600
low | high
Med:
1,029
100% of Average
$ / SqFt:
$103
low | high
Med:
$115
38.965914786967% of Average
On Site:
224
low | high
Med:
49.5
100% of Average
Listing Updated: 08/17/2018
MLS Number: 1727096
Listing Provided By:
Taylor A Marshall  of  RE MAX Commonwealth