300 Myrtle Avenue, Frankfort, KY 40601

$93,500
Property Type: Commercial Sale Square Footage: 53,000 Lot Size (sq. ft.): 261,360 Status: Closed
Current Price: $93,500 List Date: 12/01/2015 Last Modified: 9/03/2025

Overview

Description

ABSOLUTE AUCTION: This property to be sold at ABSOLUTE AUCTION on Wednesday, December 30th at 11:00 AM with no minimum bid or reserve. SALE TERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Building needs total renovation. Dock Area 2,100 sq.ft.-Main Area 44,160 sq.ft.-Entrance 1,778 sq.ft.-Boiler Rm. 2,340 Sq.Ft.-Office 3,650 sq.ft.-400 KVA 3 phase service. 120-240 Volt single phase, 240 Volt 3 phase. Heating; 5 Trane heat pumps for Offices; sprinkler, entire building; 14 stall Women's restroom and small 2 stall in office area, 8 Stall Men's Restroom and small 2 stall in office area, 2 Loading docks, Brick and block construction, floating pad concrete floor, Steel grid ceiling/roof (must have a new roof); 6 acres +/-, Black top parking for more than 250 Cars. Jim Halfhill, Sr., Principal Auctioneer.

Listing Details MLS# 1525266

Listing Information

Property Sub Type
Office

Status Change Information

Price Change Timestamp
2016-02-01T16:32:09Z
Status Change Timestamp
2016-02-01
Purchase Contract Date
2015-12-30
Close Date
2016-01-29
Close Price
93500
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
na

Address

County
Franklin
Street Number
300
Street Name
Myrtle
Street Suffix
Avenue
State
KY
Zip Code
40601

Contract

Original List Price
1200000
Start Showing Date
2015-12-01
Listing Contract Date
2015-12-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant
Office Exclusive YN
No
List Price/SqFt
22.64
Sold Price/SqFt
1.76
SP/LP
0.08

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
Commercial

Interior

Living Area
53000
Building Area Total
53000

More Information

Parking Information

Parking Total
56

Building

Year Built
1957
Stories Total
Yes

Lot

Lot Size Acres
6
Lot Size Square Feet
261360.24

Utilities

Cooling YN
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Water Available
Yes

Remarks

Public Remarks
ABSOLUTE AUCTION: This property to be sold at ABSOLUTE AUCTION on Wednesday, December 30th at 11:00 AM with no minimum bid or reserve. SALE TERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Building needs total renovation. Dock Area 2,100 sq.ft.-Main Area 44,160 sq.ft.-Entrance 1,778 sq.ft.-Boiler Rm. 2,340 Sq.Ft.-Office 3,650 sq.ft.-400 KVA 3 phase service. 120-240 Volt single phase, 240 Volt 3 phase. Heating; 5 Trane heat pumps for Offices; sprinkler, entire building; 14 stall Women's restroom and small 2 stall in office area, 8 Stall Men's Restroom and small 2 stall in office area, 2 Loading docks, Brick and block construction, floating pad concrete floor, Steel grid ceiling/roof (must have a new roof); 6 acres +/-, Black top parking for more than 250 Cars. Jim Halfhill, Sr., Principal Auctioneer.

Building and Property Details

# of Dock Doors
2
# of Men's Restrooms
2
# of Women's Restrooms
2

Showing Information

Showing Instructions
Call Listing Agent to schedule showing

Tax & Legal

Zoning Description
Commercial
Directions
East Main Street turn onto Myrtle Avenue, property is at the end of Myrtle Avenue.

Association/Community

Number Of Buildings
1

Construction Materials

Block
Yes
Brick
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Auction
Yes

Water Heater

Water Heater
Yes

Building Features

Concrete Floor
Yes

Business Type

Professional/Office
Yes
Warehouse
Yes

Ceiling

Open
Yes

Docks

1-3 Docks
Yes

Electric

3 Phase
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Land
Yes

Documents

Survey
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Concrete Floor Business Type: Professional/Office; Warehouse Ceiling: Open Construction Materials: Block; Brick Docks: 1-3 Docks Electric: 3 Phase Existing Lease Type: None Possession: Close Of Escrow Roof: Flat Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Auction Water Heater: Water Heater Documents: Survey
Listing Office: Rector Hayden Realtors
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.