500 Holmes St - Retail FOR SALE


Frankfort, KY 40601
$425,000 USD
859-321-3552
500 Holmes St, Frankfort, KY for Sale
$425,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

500 Holmes St
Frankfort, KY 40601


OVERVIEW

Two parcels totaling 1.28 AC with a newly renovated 1350 SF retail building - new rubber membrane roof, all new electric, new mini split HVAC and large new patio in back. Two bathrooms, waiting area and large open space with new, attractive black foam ceiling. Expansive corner property also includes a 1536 SF warehouse in the back with overhead doors. Multiple ingress/egress locations on Holmes St and Meagher Avenue. Throughfare for entering into downtown Frankfort, with Buffalo Trace nearby as well. Multiple roadside signage options. Creative ideas include a small restaurant/small event center with outdoor patio and expansive parking lot; general retail with warehouse for storage of items; re-converted to a small car repair/detailing; scraping the buildings for a 1.28 AC blank canvas; and many other possibilities! Owner is also open to leasing parcels separately or as one.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,403 SF

ZONING

-

APN/PARCEL ID

074-21-01-024.00

ASK ABOUT THIS PROPERTY

Christa Collins, CCIMThe Gibson CompanyMore Info
859-321-3552

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Christa Collins, CCIMThe Gibson CompanyMore Info
859-321-3552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.