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Improved Mixed-Use Land for Sale in Frankfort, Kentucky

607 Louisville Rd, Frankfort, KY 40601

$290,000
1.81 acres
Active sale
ago
Est $1,656/mo

Exceptional opportunity to own a highly visible property along Louisville Road (US-60) featuring an existing income-producing duplex situated on approximately 1.8+/- acres of Planned Commercial (PC) zoned land. Whether you're looking for a long-term investment, redevelopment opportunity, or commercial site with interim rental income, this property offers outstanding flexibility in one of Frankfort's most strategically located corridors. Highlights include: Existing duplex providing immediate income potential | Approximately 1.8+/- acres with strong frontage and visibility | Planned Commercial (PC) zoning supporting a variety of future commercial uses (subject to local approvals) | Convenient access to Downtown Frankfort, the Kentucky Capitol Complex, medical offices, and major employment centers | Adjacent to Frankfort Plant Board utility infrastructure and located near established professional and institutional uses | A recent MAI commercial appraisal concluded an "As-Is" Market Value of $290,000, recognizing the property's long-term redevelopment potential while noting the existing improvements serve as an interim use. Ideal for: Commercial developers, Medical or professional office users, Investors seeking land appreciation, Mixed-use or commercial redevelopment opportunities, Buy-and-hold investors looking for future upside. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and significant long-term potential. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!

1,780
Sq feet
3
Beds
2
Full baths
1972
Built

Location

Street address
607 Louisville Rd
Zip code
40601
School district
Franklin County - 14
Elevation
750 feet
Coordinates
38.1849, -84.8839

Directions

You can approach this property on either way coming up or down Louisville Road; located across from the Berry Hill Mansion, you will turn in close to the Frankfort Plant Board to pull in and then cut across the driveway to get access to the property

Property details

Acreage
1.813 acres78,974 sq ft
Zoning
C
MLS #
LBAR 26017352
Posted

Parcels

  • 062-20-17-001.00

Details and features

Listing

Type
Residential Multi Family
Subtype
Duplex
Zoning
Commercial
Unit Count
2
Franchise
Keller Williams Realty

Exterior

Parking Spaces
5

Structure

Stories
1
Heating
Forced Air, Natural Gas
Cooling
Multi Units, Window Unit(s)
Roof
Shingle

Interior

Rooms
Bathroom x 2, Bedroom x 3, Laundry Room

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Nearby schools

NameTypeDistrict
Collins LaneElementaryFranklin County - 14
BondurantMiddleFranklin County - 14
Western HillsHighFranklin County - 14

Listing history

DateEventPriceChangeSource
July 10, 2026New listing$290,000LBAR
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This 1.813-acre property is located at 607 Louisville Rd in Frankfort, KY 40601. The property is available for sale, priced at $290,000. It has a 1,780 square foot 3-bedroom, 2-bath house built in 1972.

Listed by Keller Williams Bluegrass Realty, (859) 260-1444

Checked 1 hour agoUpdated Source

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