205 Grandview Drive, Frankfort, KY 40601 (MLS# 26011502)

205 Grandview Drive, Frankfort, KY 40601

$1,200,000

Property Type: Commercial Sale Square Footage: 9,476 Lot Size (sq. ft.): 22,240 Status: Active

Current Price: $1,200,000 List Date: 5/20/2026 Last Modified: 5/21/2026

Overview

Description

Live/Work Opportunity. Zoned CL-Limited Commercial. The main retail level features +/- 4,000 commercial space with two half baths and a large parking lot. Current tenant has rented the space for 12 years. The main residence level includes a two-car garage, foyer, dual stairs and a newer elevator (2024) to service the second floor of the residence. The second level residence includes an upper foyer, living room, dining room, eat-in kitchen, family room and 4 bedroom suites with adjacent private baths and walk-in closets. The home also has a half bath, covered front and back porches, and an external ramp to the ground level.

Listing Details MLS# 26011502

Listing Information

Comp Sale YN: No
Property Sub Type: Retail

Status Change Information

Status Change Timestamp: 2026-05-20

Address

County: Franklin
Street Number: 205
Street Name: Grandview
Street Suffix: Drive
State: KY
Zip Code: 40601
Parcel Number: 085-21-07-001.00

Contract

Original List Price: 1200000
Start Showing Date: 2026-05-20
Listing Contract Date: 2026-05-20
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
List Price/SqFt: 126.64

Tax Legal

MLS Area Major: 014 - Franklin County
Subdivision Name: Grandview Heights

Interior

Living Area: 9476
Living Area Units: Square Feet
Living Area Source: Listing Agent Measured
Building Area Total: 9476
Building Area Source: Other
Building Area Units: Square Feet

More Information

Parking Information

Parking Total: 14

Building

Year Built: 9999
Stories Total: 2
Accessibility Features YN: Yes
Leasable Area: 4000

Lot

Lot Size Acres: 0.5106
Lot Size Square Feet: 22240
Road Frontage Feet: 440

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Live/Work Opportunity. Zoned CL-Limited Commercial. The main retail level features +/- 4,000 commercial space with two half baths and a large parking lot. Current tenant has rented the space for 12 years. The main residence level includes a two-car garage, foyer, dual stairs and a newer elevator (2024) to service the second floor of the residence. The second level residence includes an upper foyer, living room, dining room, eat-in kitchen, family room and 4 bedroom suites with adjacent private baths and walk-in closets. The home also has a half bath, covered front and back porches, and an external ramp to the ground level.

Building and Property Details

Building Expansion Potential YN: No
# of Men's Restrooms: 3
# of Women's Restrooms: 4
Retail SqFt: 4000
Usable SqFt: 9476

Tax & Legal

Tax Rate: 1.393
Zoning: Other
Zoning Description: CL - Limited Commercial
Directions: US-60 / Versailles Road to Grandview Drive (next to Eastwood Shopping Center). At stop sign, the building will be in front of you.

Association/Community

Number Of Buildings: 1

Construction Materials

Vinyl Siding: Yes

Cooling

Electric: Yes
Zoned: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Parking Features

On Site: Yes
Paved: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Roof

Dimensional Style: Yes

Sewer

Public Sewer: Yes

Water Heater

Gas: Yes

Building Features

Concrete Floor: Yes
Elevator(s): Yes
Kitchen Facilities: Yes
Laundry Facilities: Yes
Partially Carpeted: Yes
Vinyl Flooring: Yes

Business Type

Commercial: Yes
Mixed: Yes
Professional Service: Yes
Professional/Office: Yes
Retail: Yes

Existing Lease Type

Gross: Yes

Sale Includes

Building(s): Yes
Land: Yes

Showing Requirements

Listing Agent Must Accompany: Yes
Restricted Hours: Yes
Showing Service: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Building Features: Concrete Floor; Elevator(s); Kitchen Facilities; Laundry Facilities; Partially Carpeted; Vinyl Flooring Business Type: Commercial; Mixed; Professional Service; Professional/Office; Retail Construction Materials: Vinyl Siding Cooling: Electric; Zoned Existing Lease Type: Gross Heating: Forced Air; Natural Gas Parking Features: On Site; Paved Possession: Negotiable; Subject To Tenant Rights Roof: Dimensional Style Sale Includes: Building(s); Land Sewer: Public Sewer Water Heater: Gas Showing Requirements: Listing Agent Must Accompany; Restricted Hours; Showing Service

Listing Office: CENTURY 21 Simpson & Associates

Last Updated: May - 21 - 2026

Information deemed reliable but not guaranteed.