500 Holmes StFrankfort, KY 40601

Property Details for 500 Holmes St

Lot size

1.28 AC

Property size (Sq ft)

2,886 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Frankfort

County

Franklin

State

Kentucky

Latitude

38.2042

Longitude

-84.8617

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