709 Main StFrankfort, KY 40601

  • Other commercial real estate
  • 1.01 AC
For Lease

Property Details for 709 Main St

Year built
1998
Lot size
1.01 AC
Property type
Other commercial real estate
APN
074-41-09-001.00
APU
74410900100

Description

This exceptional retail opportunity presents a former CVS location ideally situated at 709 E Main St, Frankfort, KY 40601. The property boasts a substantial 10,125 square foot lot and benefits from a highly visible position at the intersection of East Main Street and Rolling Acres Drive in the Lexington submarket. The free-standing building offers a convenient drive-thru, a significant advantage for various retail businesses. With a single-tenant occupancy history, this property is ready for immediate use. The ample parking, accommodating 107 vehicles, ensures convenient access for customers. The building features prominent pylon signage, enhancing visibility and attracting potential clientele. This location within Franklin County offers excellent access to a substantial customer base. The property's size and features make it suitable for a wide range of retail concepts. The prior use as a CVS pharmacy demonstrates the site's proven retail viability. This is a rare opportunity to acquire a well-positioned, high-traffic retail property in a thriving Kentucky market. The property is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,358,332
    Hospitality
    $8,572,182
    Educational
    $7,131,955
    Medical
    $7,377,234
    Retail
    $11,094,152
709 Main St, Frankfort, Kentucky
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Location Insight

City
Frankfort
County
Franklin
State
Kentucky
Latitude
38.2032
Longitude
-84.8456
CBSA code
23180
CBSA name
FRANKFORT, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,114
-
-
$930,000
-
-
-
$930,000

FAQs

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