For Sale
$485,000

500 Holmes StFrankfort, KY 40601

Prime Frankfort location, 2 buildings, 2886 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Frankfort investment opportunity encompasses two parcels totaling 1.28 acres on a corner lot at 500-502 Holmes St. The property features a newly renovated 1,350 square foot retail building, boasting a new rubber membrane roof, updated electrical system, new mini-split HVAC, and a large, newly constructed patio. Inside, the retail space includes two bathrooms, a waiting area, and a spacious open area with an attractive black foam ceiling. A 1,536 square foot warehouse building with overhead doors is situated at the rear of the property. Multiple access points are available on Holmes Street and Meagher Avenue, providing excellent visibility and convenient access. The property's strategic location offers high traffic volume, with proximity to downtown Frankfort and Buffalo Trace. Abundant roadside signage opportunities exist. The permitted zoning is CG. The property is ideally suited for a variety of uses, including a restaurant, event center, general retail, or automotive repair/detailing. The owner is open to leasing the parcels individually or as a combined unit. The buildings were renovated in 2024. The asking price is $485,000.

Highlights

  • $485,000 asking price for a Frankfort, KY retail property.
  • 2,886 square feet total, encompassing a 1,350 SF retail building and a 1,536 SF warehouse.
  • Newly renovated in 2024, featuring a new roof, electrical, HVAC, and patio.
  • 1.28-acre corner lot with multiple access points on Holmes St and Meagher Ave.
  • Zoned CG, offering versatile usage options including restaurant, event center, retail, or auto repair.
  • Two buildings on two parcels, with the owner open to selling separately or together.

Property Details for 500 Holmes St

Property type
Retail properties, Retail space
Square Feet
2,886 SF
Year Renovated
2024
Buildings
2
Stories
1
Lot Size (sq. ft)
55,757 SF

Location Insight

City
Frankfort
County
Franklin
State
Kentucky
Latitude
38.2042109
Longitude
-84.8617407
500 Holmes St, Frankfort, Kentucky

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500 Holmes St
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