Mixed-Use Land for Sale in Frankfort, Kentucky
190 Democrat Dr, Frankfort, KY 40601
We are pleased to present 5.1 acres of centrally-located land with prominent interstate visibility and quick access to both Interstate 64 and Highway 60. Currently zoned Professional Office, allowing office, medical office, and multi-family development, this property sits strategically for redevelopment in a highly-dense area consisting of office, retail, and multi-family in every direction. Prospective buyers are welcome to look at the existing building, however pricing is as-is and reflective of land value, with no value being attributed to the building. Property Highlights: - Prominent visibility from Interstate 64 - Centrally-located within the city of Frankfort - Supportive surrounding demographics and development for multi-family/redevelopment - Utilities to site The subject property is immediately surrounded by government, administrative, educational type office users. The general area is high-density retail including big box developments like Kohl's and Dick's Sporting Goods, hotels, as well as multi-family and mixed-use.
Location
- Street address
- 190 Democrat Dr
- County
- Franklin County
- Elevation
- 801 feet
Directions
Right on Democrat Dr., located on the right next to Kentucky Engineering Center.
Property details
- Acreage
- 5.1 acres
- MLS #
- LBAR 24021917
- Posted
Parcels
- 087-00-00-042.00
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 13, 2025 | Under contract | $685,000 | — | LBAR |
| Mar 21, 2025 | Price drop | $685,000 | $90,000 -11.6% | LBAR |
| Mar 19, 2025 | Back on market | $775,000 | — | LBAR |
| Nov 11, 2024 | Under contract | $775,000 | — | LBAR |
| Oct 17, 2024 | New listing | $775,000 | — | LBAR |