624 Chamberlin Ave Frankfort, KY 40601

This exceptional 10,149-square-foot Class B medical office building in Frankfort, Kentucky, is offered for sale at $1,500,000 ($147.80/SF). Situated on a 1.09-acre lot within the Diagnostic Office Park, behind Frankfort Regional Hospital, this single-story, free-standing building boasts convenient access and high visibility. The property features two suites. Suite A, comprising 5,610+ square feet, includes a reception area, physical therapy room, procedure room, six exam rooms with plumbing, five private offices, an executive office with private restroom, and a break room/kitchenette. Currently leased until June 4, 2028, this suite offers immediate income potential. Suite B, measuring 4,452 square feet, is ideal for a variety of medical practices and will be vacant at the end of 2024, presenting an owner-occupancy opportunity. This suite includes a lab area, two private restrooms, six offices, and eleven exam rooms with sinks. The building offers 47 parking spaces and features a large lobby with check-in windows. Built in 2005, the building has undergone recent improvements, including a roof replacement within the last three years. The property is zoned PO Professional Office and has a modified lease type with multi-tenancy. This is a rare opportunity to acquire a well-located, established medical office building with strong potential for growth and return on investment. The usable square footage is 9,310 square feet. The APN is 050-00-00-001.33.