Commercial potential meets current investment opportunity along Frankfort's Louisville Road corridor! Situated on approximately 1.81 acres with Planned Commercial (PC) zoning, 607-609 Louisville Road offers an opportunity for investors, entrepreneurs and developers seeking a well-positioned property near downtown Frankfort, the Capitol Complex and established commercial and professional offices. The existing duplex provides immediate rental income potential while a future owner can evaluate redevelopment possibilities. A 2026 MAI commercial appraisal valued the property at $290,000 as-is, while identifying redevelopment as its highest and best use. Potential commercial or professional uses are subject to zoning, site feasibility and required approvals. Offered at $290,000, with the seller willing to consider reasonable closing-cost concessions or negotiated terms with a satisfactory offer. Explore the possibilities of owning commercially zoned acreage in Kentucky's capital city!
Listing courtesy of Keller Williams Bluegrass Realty.