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226 West Main Street, Frankfort, KY 40601

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For Sale
Sale Pending

$275,000

3,040 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $90.46
    Price per square foot

Explore this Property

Wonderful opportunity to own a rehabbed building in the heart of downtown Frankfort. This 2 story building is attached on both sides and fronts Main St in historic downtown. The first floor is currently used as a retail storefront with the lease expiring in July 2025. Once vacant, it will have many possibilities including the conversion to residential or leaving it as retail, office, or multi-use. The second floor is accessed from inside the main vestibule and leads to a fully rehabbed residential apartment that is currently rented at $950 per month on a MTM lease. Both floors have updates, new flooring, and all city approved improvements. The basement is unfinished with no outside access. About 6 feet high with gravel, fire suppression equipment that is pressurized, capped sewer lines, and new sump pump. It is approximately 1520 SF per floor. The current owner has created an updates/information sheet about the building and even completed a Seller's Disclosure of Property Condition even though it isn't required. See the attachment for more information and improvements.
MLS# 25014602

Courtesy Of RE/MAX Bluegrass Realty

(502) 352-2424

Property Features

  • Architecture Style
    Other
  • Exterior Type
    Block, Brick, Stone
  • Floor Covering
    Vinyl
  • Lot Size
    0.03 Acres

Map and Directions

Directions to 226 West Main Street, Frankfort, KY 40601

Home seller CENTURY 21 Simpson & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Simpson & Associates

(502) 223-1600
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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