
Improved Commercial Land for Sale in Frankfort, Kentucky
205 Locust Dr, Frankfort, KY 40601
Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.Property Description Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman's Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort's most accessible commercial corridors.
Location
- Street address
- 205 Locust Dr
- County
- Franklin County
- Elevation
- 811 feet
Directions
Located just off of Lexington Road behind Gary Yeomans Ford
Property details
- Acreage
- 1.67 acres
- MLS #
- LBAR 25504454
- Posted
Parcels
- 086-30-09-004.02
Details and features
Listing
- Type
- Commercial Sale
- Zoning
- Commercial General CG
Structure
- Stories
- 1
- Sewer
- Septic Tank
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 14, 2026 | New listing | $730,000 | — | LBAR |

















