167 Frankfort StVersailles, KY 40383

For Sale
$549,000

Downtown KY Mixed-Use Property

Overview

Added:
Dec 11, 2024
Days on market:
92
This unique 3,100 sq ft mixed-use property in downtown Versailles, KY, presents a rare investment opportunity. Located on Frankfort Street, this beautifully updated two-story building, constructed in 1903, sits on a 12,600 sq ft lot and is zoned B4, allowing for diverse commercial uses. Currently configured as a residential dwelling with three bedrooms and two bathrooms, it features a fully updated commercial kitchen equipped with high-end appliances (DCS by Fisher & Paykel stove, 500 CFM Braun hood, two Samsung refrigerators, custom cabinetry). The flexible floor plan offers potential for a variety of businesses, including office space, retail, daycare, catering, or short-term rentals. The property boasts custom finishes and woodwork throughout, including a bonus room above the garage. Its prime location offers excellent visibility and convenience, being within walking distance of the town square and a short drive from Lexington and Frankfort. This property is ideal for owner-occupants seeking a home/business combination or investors looking for a high-return opportunity in a thriving Kentucky location. The asking price is $549,000, translating to $177.10 per square foot. Don't miss this chance to own a piece of Versailles' vibrant downtown.

Highlights

  • $549,000 asking price for a 3,100 sq ft mixed-use property.
  • Located at 167 Frankfort St, Versailles, KY 40383, this B4 zoned property offers 3,100 square feet on a 12,600 sq ft lot.
  • Features include a fully updated commercial kitchen and three bedrooms, two bathrooms, plus a bonus room.
  • The property is suitable for various uses, including residential, office, retail, daycare, or short-term rentals.
  • Excellent location in downtown Versailles, near the town square, with easy access to Lexington and Frankfort.

Property Details for 167 Frankfort St

Property type
Other specialty properties, Other office properties
Square Feet
3,100 SF
Year Built
1903
Buildings
1
Stories
2

Location Insight

City
Versailles
County
Woodford
State
Kentucky
Latitude
38.059853
Longitude
-84.7327838
167 Frankfort St, Versailles, Kentucky

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167 Frankfort St
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