119 Fortune Drive, Frankfort, KY 40601
$1,275,000
Property Type:
Commercial Sale
Square Footage:
21,400
Lot Size (sq. ft.):
134,165
Status:
Closed
Current Price:
$1,275,000
List Date:
10/20/2017
Last Modified:
1/12/2026
Overview
Description
Listing Details MLS# 1723536
Listing Information
- Property Sub Type
- Industrial
Status Change Information
- Price Change Timestamp
- 2018-05-15T17:25:40Z
- Status Change Timestamp
- 2018-05-15
- Purchase Contract Date
- 2018-03-12
- Close Date
- 2018-05-15
- Close Price
- 1275000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- No
Address
- County
- Franklin
- Street Number
- 119
- Street Name
- Fortune
- Street Suffix
- Drive
- Street Suffix Modifier
- B
- State
- KY
- Zip Code
- 40601
Contract
- Original List Price
- 1400000
- Start Showing Date
- 2017-10-19
- Listing Contract Date
- 2017-10-19
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- SP/LP
- 0.91
Tax Legal
- MLS Area Major
- 014 - Franklin County
- Subdivision Name
- Commercial
Interior
- Living Area
- 21400
More Information
Building
- Year Built
- 2007
Lot
- Lot Size Acres
- 3.08
- Lot Size Square Feet
- 134164.92
Remarks
- Public Remarks
- Investment Property. New 5 year NN lease beginning 11/1/17 with NOI of $117,600. Priced at 8.4% CAP
Building and Property Details
- # of Dock Doors
- 3
- # of Drive-in Doors
- 2
Income and Expenses
- Net Operating Income
- 117600
Tax & Legal
- Zoning Description
- I-1
- Directions
- US 60 from Lexington, to Frankfort. Turn left on Duncan Road, right on Corporate, left on Fortune. building on your left.
Special Listing Conditions
- Standard
- Yes
Business Type
- Industrial
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Gas
- Yes
- Insurance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Property Features
Business Type:
Industrial
Sale Includes:
Building(s); Land; Leases
Special Listing Conditions:
Standard
Tenant Pays:
Electricity; Gas; Insurance; Sewer; Taxes; Water
Listing Office:
The Gibson Company
Last Updated: January - 12 - 2026
Information deemed reliable but not guaranteed.