205 Locust Drive
Frankfort, KY 40601

$630,000

Sq. Ft.: N/A
Type: Commercial
Listing #25504454
Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.Property Description Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.
Property Features
Location Information
County: Franklin
MLS Area: 014 - Franklin County
Latitude: 38.186091
Longitude: -84.815569
Subdivision: Commercial
Directions: Located just off of Lexington Road behind Gary Yeomans Ford
Exterior Features
Stories: 1
Septic or Sewer: Septic Tank
Parking Description: On Site
Lot Size in Acres: 1.67
Lot Size in Sq. Ft.: 72,745
Zoning: CG - Commercial General
Building Total Area (Sq. Ft.): 9,750
Additional Information
Property Type: COM
Property SubType: Warehouse
Year Built: 1988
APN: 086-30-09-004.02
Status: Active
Inclusions: Building(s), Land
BusinessType: Commercial, Industrial


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Courtesy of:
The Gibson Company
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© 2026 ImagineMLS. All rights reserved.
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ImagineMLS data last updated at March 16, 2026, 8:25 AM ET