202 204 206 West Broadway, Frankfort, KY 40601
$875,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$875,000
List Date:
7/08/2023
Last Modified:
9/03/2025
Overview
Description
...
(Read more)
Now is the perfect opportunity to own property in historic Frankfort's bourbon district. These two large buildings and adjacent parking lot offer endless possibilities. The idyllic Frankfort location was home to the loved and successful Gibbys for 20 plus years. What remains is everything one needs for a seamless transition into your very own dream. Home to the historic state capitol buildings, just steps from the area locals refer to as the mall, and right on the Bourbon Trail, this location is a recipe for success. Seller is offering 2 buildings, a large restaurant with a list of items included, and a spacious apartment above(currently under renovation) The connecting building can be added square footage to your restaurant or an entirely separate event space. Above is home to 2 income generating Airbnbs! Seller has made extensive upgrades including, gas(1,000,000. BTU,s) 3 phase electric, AC units and fire protection. There was great foresight taken for future possibilities, roughed in for a bar and a walk in cooler. Call or text for a private showing.
Directions Downtown Frankfort near old Capital building
Listing Details MLS# 23012861
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Office
Status Change Information
- Status Change Timestamp
- 2023-11-09
- Purchase Contract Date
- 2023-08-31
- Close Date
- 2023-11-08
- Close Price
- 875000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Franklin
- Street Number
- 202
- Street Name
- 204 206 West Broadway
- State
- KY
- Zip Code
- 40601
- Parcel Number
- 061-42-03-009.00
Contract
- Original List Price
- 899000
- Start Showing Date
- 2023-07-08
- Listing Contract Date
- 2023-07-07
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
- Office Exclusive YN
- No
- SP/LP
- 0.97
Tax Legal
- MLS Area Major
- 014 - Franklin County
- Subdivision Name
- Downtown
Parking Information
- Parking Total
- 20
More Information
Building
- Year Built
- 9999
- Stories Total
- 2
Utilities
- Cooling YN
- Yes
Remarks
- Public Remarks
- Now is the perfect opportunity to own property in historic Frankfort's bourbon district. These two large buildings and adjacent parking lot offer endless possibilities. The idyllic Frankfort location was home to the loved and successful Gibbys for 20 plus years. What remains is everything one needs for a seamless transition into your very own dream. Home to the historic state capitol buildings, just steps from the area locals refer to as the mall, and right on the Bourbon Trail, this location is a recipe for success. Seller is offering 2 buildings, a large restaurant with a list of items included, and a spacious apartment above(currently under renovation) The connecting building can be added square footage to your restaurant or an entirely separate event space. Above is home to 2 income generating Airbnbs! Seller has made extensive upgrades including, gas(1,000,000. BTU,s) 3 phase electric, AC units and fire protection. There was great foresight taken for future possibilities, roughed in for a bar and a walk in cooler. Call or text for a private showing. Directions Downtown Frankfort near old Capital building
Tax & Legal
- Tax Rate
- 12.0684
- Zoning Description
- commercial
- Directions
- Agent and owner must be present
Lot
- Lot Size Acres
- 0
- Lot Size Square Feet
- 0
Construction Materials
- Brick
- Yes
- Concrete
- Yes
- Stone
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Flat
- Yes
- Membrane
- Yes
- Rubber
- Yes
Sewer
- Public Sewer
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Concrete Floor
- Yes
- Tile/Brick Floor
- Yes
- Wood Flooring
- Yes
Business Type
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
Ceiling
- Dropped
- Yes
- Open
- Yes
Electric
- 100 Amp Service
- Yes
- 200+ Amp Service
- Yes
- 3 Phase
- Yes
Property Features
Building Features:
Concrete Floor; Tile/Brick Floor; Wood Flooring
Business Type:
Professional/Office; Restaurant; Retail
Ceiling:
Dropped; Open
Construction Materials:
Brick; Concrete; Stone
Electric:
100 Amp Service; 200+ Amp Service; 3 Phase
Possession:
Close Of Escrow
Roof:
Flat; Membrane; Rubber
Sewer:
Public Sewer
Water Heater:
Water Heater
Listing Office:
National Real Estate
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
