225 W Main Street, Frankfort, KY 40601

$325,000
Property Type: Commercial Sale Square Footage: 3,420 Lot Size (sq. ft.): 11,844 Status: Active
Current Price: $325,000 List Date: 4/29/2026 Last Modified: 5/01/2026

Overview

Description

Located in the heart of historic downtown Frankfort, this two story brick commercial building offers and excellent investment opportunity with built -in income potential. The building is currently leased to a popular local diner on a month to month basis. The upper level, presently used for storage, offers flexible space with potential for office, studio or residential conversion (subject to zoning and approval}. New roof 2023. Just steps from downtown shops, government offices, and the Kentucky River. the building's prime location makes it ideal for investors or business owners looking to own a piece of Frankfort's thriving Main Street corridor. BUILDING ONLY FOR SALE NOT THE BUSINESS.

Listing Details MLS# 25504496

Listing Information

Comp Sale YN
No
Property Sub Type
Retail

Status Change Information

Status Change Timestamp
2026-04-29
Back on Market Date
2026-04-29

Address

County
Franklin
Street Number
225
Street Direction Prefix
W
Street Name
Main
Street Suffix
Street
State
KY
Zip Code
40601
Parcel Number
061-24-14-016.00

Contract

Original List Price
325000
Start Showing Date
2025-10-23
Listing Contract Date
2025-10-23
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
95.03

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Downtown

Interior

Living Area Units
Square Feet
Building Area Total
3420
Building Area Source
Public Records
Building Area Units
Square Feet

More Information

Building

Basement YN
Yes
Year Built
9999
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.2719
Lot Size Square Feet
11844.45
Lot Size Dimensions
18'5" x 99'7"

Utilities

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

Remarks

Public Remarks
Located in the heart of historic downtown Frankfort, this two story brick commercial building offers and excellent investment opportunity with built -in income potential. The building is currently leased to a popular local diner on a month to month basis. The upper level, presently used for storage, offers flexible space with potential for office, studio or residential conversion (subject to zoning and approval}. New roof 2023. Just steps from downtown shops, government offices, and the Kentucky River. the building's prime location makes it ideal for investors or business owners looking to own a piece of Frankfort's thriving Main Street corridor. BUILDING ONLY FOR SALE NOT THE BUSINESS.

Building and Property Details

Inground Tank YN
No
Retail SqFt
1710
Warehouse SqFt
1710

Showing Information

Showing Instructions
Showing time

Tax & Legal

Tax Rate
1.68
Zoning
Other
Zoning Description
CD
Directions
Downtown Frankfort on West Main St. used to be Magee's Bakery

Association/Community

Number Of Buildings
1

Basement

Full
Yes
Unfinished
Yes

Construction Materials

Brick
Yes

Cooling

Central Air
Yes

Heating

Forced Air
Yes

Listing Terms

Conventional
Yes

Parking Features

None
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Building Features

Other Flooring Type
Yes

Business Type

Commercial
Yes

Ceiling

Other
Yes

Existing Lease Type

Other
Yes

Sale Includes

Building(s)
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Basement: Full; Unfinished Building Features: Other Flooring Type Business Type: Commercial Ceiling: Other Construction Materials: Brick Cooling: Central Air Existing Lease Type: Other Heating: Forced Air Listing Terms: Conventional Parking Features: None Possession: Negotiable Sale Includes: Building(s) Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Showing Requirements: Call Listing Agent
Listing Office: CENTURY 21 Simpson & Associates
Last Updated: May - 01 - 2026
Information deemed reliable but not guaranteed.