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  1. Commercial Properties
  2. KY
  3. Frankfort

205 Locust Dr

For Sale

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. 9,750 SF flex building on 1.5 acres Five (5) units ± 1,850 SF each 500 SF garage bay currently vacant Zoned General Commercial (CG) 100% occupied month-to-month tenants Located off Versailles Road behind Gary Yeoman’s Ford Opportunity to increase rental income with new leases Ample on-site parking and easy highway access9,750 SF flex building on 1.5 acres

Building Details

  • For Sale $630,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 9,750 SF
  • Lot Size 1.5 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1988
  • Date Updated Aug 20, 2026
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Contacts

KV
Kevin Verhoven

The Gibson Company

Location

  • City Frankfort, KY
  • Zip Code 40601
  • Market Lexington
  • Map
  • Street
  • Walk score 35/100 Car-Dependent
  • Bike score 27/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Speedway

0.27 miles

BP

0.57 miles

Shell

0.60 miles

Kroger

1.03 miles

RaceTrac

1.11 miles

Sunoco

1.84 miles

KYTC Empl Ent West

3.45 miles

Walgreens

1.01 miles

Frankfort City Police Station

3.44 miles

Frankfort Fire and EMS Station #1

3.49 miles

Franklin Co Sheriff

4.31 miles

CVS Pharmacy

4.58 miles

Frankfort Regional Medical Center

5.30 miles

Scott County Fire Station No. 5

7.93 miles

Versailles Independent Pharmacy

9.84 miles

Burger King

0.33 miles

Subway

0.34 miles

Zaxby's

0.35 miles

KFC

0.39 miles

Taco Bell

0.46 miles

Waffle House

0.49 miles

Captain D's

0.55 miles

DQ Grill & Chill

0.66 miles

Cattleman's Roadhouse

0.75 miles

White Castle

0.96 miles

Listing Summary

  • What is the asking price at 205 Locust Dr?

    205 Locust Dr is currently listed for sale at Price on request.

  • What is the total size of 205 Locust Dr?

    205 Locust Dr has a total of 9,750 square feet.

  • What is the year built for 205 Locust Dr?

    The year built for 205 Locust Dr is 1988.

Contact Kevin Verhoven
KV
Kevin Verhoven

The Gibson Company

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