For Sale
$249,000

741 Schenkel LnFrankfort, KY 40601

Versatile 3,990 sq ft commercial space, leaseback option.

Overview

Added:
Feb 3
Days on market:
64
This exceptional Frankfort, KY commercial property, located at 741 Schenkel Lane, offers 3,990 square feet of adaptable space on a 0.38-acre lot. The building's design allows for flexible use, easily divisible into four independent units, each complete with its own entrance and half-bathroom. This versatility makes it ideal for a variety of businesses, from individual entrepreneurs to multi-tenant operations. The property features two distinct HVAC zones for efficient climate control, further enhanced by supplemental air conditioning units. A significant advantage for potential buyers is the seller's willingness to lease back the property until at least May 2025, providing a guaranteed income stream while their new building is under construction. This leaseback arrangement offers a unique opportunity for passive income generation during the initial ownership period. The property is being sold "As-Is," however, inspections are encouraged to allow for a thorough assessment of the building's condition. This presents a compelling investment opportunity in a prime Frankfort location. The property's size, layout, and leaseback option combine to create a strong value proposition for discerning buyers seeking a flexible and income-generating commercial asset. Don't miss this chance to acquire a well-situated commercial building with significant potential.

Property Details for 741 Schenkel Ln

Property type
Square Feet
3,990 SF
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Frankfort
County
Franklin
State
Kentucky
Latitude
38.21781
Longitude
-84.84001
741 Schenkel Ln, Frankfort, Kentucky

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741 Schenkel Ln
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