265 Versailles Road, Frankfort, KY 40601

$725,000
Property Type: Commercial Sale Square Footage: 24,103 Lot Size (sq. ft.): 281,049 Status: Closed
Current Price: $725,000 List Date: 9/24/2023 Last Modified: 9/04/2025

Overview

Description

Back on Market! Reduced sale price! Has brand new roof! Large, classical special use building and surrounding land that is a city landmark and is in a great location off Versailles Rd in the Capital City. Includes over 24,000 square feet of space on approximately 6.5 acres of scenic, rolling land. One of the largest lots currently available in the city and has plenty of parking. The building includes a full-service kitchen, multiple offices, classrooms and large dining area. Could serve as a church, school or developed into multi-family apartments, or a wonderful event venue for weddings and gatherings. Great access to Versailles Rd retail corridor.

Listing Details MLS# 23002710

Listing Information

Comp Sale YN
No

Status Change Information

Price Change Timestamp
2023-12-06T18:34:05Z
Status Change Timestamp
2024-11-15
Purchase Contract Date
2024-09-30
Close Date
2024-11-15
Close Price
725000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Franklin
Street Number
265
Street Name
Versailles
Street Suffix
Road
State
KY
Zip Code
40601
Parcel Number
085-22-01-004.00

Contract

Original List Price
1800000
Start Showing Date
2023-02-15
Listing Contract Date
2023-02-15
Listing Agreement
Exclusive Right To Sell
Owner Name
Highland Christian Church-David Whittaker, Trustee
Owner Phone
502-875-3100
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
45.64
Sold Price/SqFt
30.08
SP/LP
0.66

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Franklin Heights

Interior

Living Area
24103
Building Area Total
24103

More Information

Parking Information

Parking Total
56

Building

Basement YN
Yes
Year Built
1959
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
6.452
Lot Size Square Feet
281049

Remarks

Public Remarks
Back on Market! Reduced sale price! Has brand new roof! Large, classical special use building and surrounding land that is a city landmark and is in a great location off Versailles Rd in the Capital City. Includes over 24,000 square feet of space on approximately 6.5 acres of scenic, rolling land. One of the largest lots currently available in the city and has plenty of parking. The building includes a full-service kitchen, multiple offices, classrooms and large dining area. Could serve as a church, school or developed into multi-family apartments, or a wonderful event venue for weddings and gatherings. Great access to Versailles Rd retail corridor.

Building and Property Details

Inground Tank YN
No
Lot Expansion Potential YN
Yes
Railroad Siding YN
No
# of Men's Restrooms
4
# of Women's Restrooms
4

Showing Information

Showing Instructions
Contact listing agent to schedule showing.

Tax & Legal

Tax Rate
13.77
Zoning Description
RH/RC
Directions
I-64 to US 60 (Versailles Rd) to Lyons Drive. Property on right.

Association/Community

Number Of Buildings
2

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes
Other
Yes

Construction Materials

Stone
Yes
Wood Siding
Yes

Listing Terms

Cash
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes
See Remarks
Yes

Roof

Composition
Yes
Flat
Yes
Shingle
Yes
Tar/Gravel
Yes

Sewer

Public Sewer
Yes

Water Heater

Water Heater
Yes

Building Features

Fully Carpeted
Yes
Partially Carpeted
Yes
Tile/Brick Floor
Yes
Vinyl Flooring
Yes

Business Type

Other
Yes

Ceiling

Dropped
Yes
Drywall
Yes
Open
Yes

Docks

None
Yes

Electric

100 Amp Service
Yes
200+ Amp Service
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Land
Yes

Documents

Appraisal
Yes
Survey
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Other; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Other Building Features: Fully Carpeted; Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Other Ceiling: Dropped; Drywall; Open Construction Materials: Stone; Wood Siding Docks: None Electric: 100 Amp Service; 200+ Amp Service Listing Terms: Cash Parking Features: Paved Possession: Close Of Escrow; Negotiable; See Remarks Roof: Composition; Flat; Shingle; Tar/Gravel Sale Includes: Building(s); Fixtures; Land Sewer: Public Sewer Water Heater: Water Heater Documents: Appraisal; Survey
Listing Office: EXIT Realty Crutcher Frankfort
Last Updated: September - 04 - 2025
Information deemed reliable but not guaranteed.