205 Grandview Drive, Frankfort, KY 40601

$1,150,000
Property Type: Commercial Sale Square Footage: 9,476 Lot Size (sq. ft.): 22,240 Status: Active
Current Price: $1,150,000 List Date: 5/20/2026 Last Modified: 7/24/2026

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

Price Change Timestamp
2026-07-24T18:45:55Z
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
121.36

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

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

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: July - 24 - 2026
Information deemed reliable but not guaranteed.