205 Locust Dr
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
Reach out to the broker for more info on lease terms and amenities
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Contacts
The Gibson Company
Building Details
- For Sale $630,000
- Property Type Industrial - Flex - Industrial
- Property Size 9,750 SF
- Lot Size 1.5 Acre
- Building Class C
- Year Built 1988
- Date Updated Apr 17, 2026
Getting Around
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Walk Score ®
Car-Dependent (35) -
Bike Score ®
Somewhat Bikeable (27)
Location
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
BP
0.57 miles
Shell
0.60 miles
Kroger
1.03 miles
RaceTrac
1.11 miles
Sunoco
1.84 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
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
205 Locust Dr Listing Summary
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What is the asking price at 205 Locust Dr?
205 Locust Dr is currently listed for sale at Contact for pricing.
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What is the total size of 205 Locust Dr?
205 Locust Dr has a total of 9,750 square feet.
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What is the year built for 205 Locust Dr?
The year built for 205 Locust Dr is 1988.
The Gibson Company