For Sale
$249,000

741 Schenkel LnFrankfort, KY 40601

Prime 3,990 SF Commercial Property, $249K

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional commercial property at 741 Schenkel Lane in Frankfort, Kentucky, presents a unique investment opportunity. The 3,990 square foot building sits on a generous 16,552 square foot lot, offering significant potential for various commercial uses. The building's current configuration allows for easy division into four separate spaces, each equipped with its own entrance and half-bath, providing flexibility for multiple tenants or a single user requiring distinct areas. Two independent HVAC zones ensure climate control efficiency, further enhanced by supplemental air conditioning units. The property is being offered "As-Is," with inspections welcomed. A compelling aspect of this sale is the seller's willingness to engage in a leaseback agreement extending at least until May 2025, providing a guaranteed income stream during the transition period while their new building is under construction. Located in Franklin County, Kentucky, with the address 741 Schenkel Lane, Frankfort, KY 40601 (38.2178556, -84.8399974), this property offers a blend of immediate income potential and long-term development prospects. This is a rare opportunity to acquire a versatile commercial property in a desirable location. Don't miss out on this chance to secure a valuable asset in the thriving Frankfort market.

Highlights

  • 3,990 SF building on a 16,552 SF lot in Frankfort, KY.
  • Easily divisible into four separate units, each with its own entrance and half-bath.
  • Two independent HVAC zones and supplemental AC units.
  • Offered As-Is, inspections welcome; seller offering leaseback until at least May 2025.
  • Located at 741 Schenkel Lane, Frankfort, KY 40601.

Property Details for 741 Schenkel Ln

Property type
Specialty properties, Land
Square Feet
3,990 SF

Location Insight

City
Frankfort
County
Franklin
State
Kentucky
Latitude
38.2178556
Longitude
-84.8399974
741 Schenkel Ln, Frankfort, Kentucky

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741 Schenkel Ln
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