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949 Louisville Rd
Frankfort, KY 40601
Retail Property For Sale


Executive Summary
Offered for sale, the shopping center at 949 Louisville Road presents a rare investment or owner-user opportunity along one of Frankfort’s most heavily traveled commercial corridors. Strategically positioned on Louisville Road (U.S. 60), the property enjoys exceptional visibility and accessibility, with convenient access to downtown Frankfort, Capital City Airport, and Interstate 64. Its location within Kentucky’s capital city provides a stable economic base supported by state government, healthcare, and regional commerce.
Constructed in 1999, the building contains approximately 10,000 square feet and is thoughtfully designed for long-term flexibility. The only load-bearing walls are the exterior walls, allowing for efficient interior reconfiguration. All interior partitions are constructed with over-engineered steel studs, making the space adaptable for retail, office, medical, or service users. This flexible design enhances both leasing potential and future redevelopment options for an investor or owner-occupant.
The structure features wood rafters and decking with a pitched roof design and composition shingles that were replaced in July 2015. The building is equipped with a drop ceiling and acoustical tile, offering a clean, professional finish and easy access to mechanical systems. All HVAC equipment is original and in good working order, with filters consistently replaced twice per year since installation. The property utilizes gas heat and electric air conditioning, providing dependable and efficient climate control.
The site includes approximately 31 on-site parking spaces, delivering convenient access for customers and employees. LED parking lot lighting enhances visibility and security while improving energy efficiency. An agricultural (AG) meter services irrigation for landscaping as well as exterior glass washing, helping control operating expenses and maintain strong curb appeal.
With its high-traffic, high-visibility location, durable construction, flexible interior layout, and well-maintained systems, 949 Louisville Road offers a compelling acquisition opportunity in a proven retail corridor. Whether for an investor seeking stable income potential or a business owner looking for a prominent, adaptable facility in Frankfort, this property combines location, functionality, and long-term value in one attractive offering.
Constructed in 1999, the building contains approximately 10,000 square feet and is thoughtfully designed for long-term flexibility. The only load-bearing walls are the exterior walls, allowing for efficient interior reconfiguration. All interior partitions are constructed with over-engineered steel studs, making the space adaptable for retail, office, medical, or service users. This flexible design enhances both leasing potential and future redevelopment options for an investor or owner-occupant.
The structure features wood rafters and decking with a pitched roof design and composition shingles that were replaced in July 2015. The building is equipped with a drop ceiling and acoustical tile, offering a clean, professional finish and easy access to mechanical systems. All HVAC equipment is original and in good working order, with filters consistently replaced twice per year since installation. The property utilizes gas heat and electric air conditioning, providing dependable and efficient climate control.
The site includes approximately 31 on-site parking spaces, delivering convenient access for customers and employees. LED parking lot lighting enhances visibility and security while improving energy efficiency. An agricultural (AG) meter services irrigation for landscaping as well as exterior glass washing, helping control operating expenses and maintain strong curb appeal.
With its high-traffic, high-visibility location, durable construction, flexible interior layout, and well-maintained systems, 949 Louisville Road offers a compelling acquisition opportunity in a proven retail corridor. Whether for an investor seeking stable income potential or a business owner looking for a prominent, adaptable facility in Frankfort, this property combines location, functionality, and long-term value in one attractive offering.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
9,860 SF
Building Class
C
Year Built
1999
Price
$2,050,575 CAD
Price Per SF
$207.97 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.78 AC
Zoning
Commercial
Parking
33 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Number | 049-40-10-002.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $560,491 CAD |
Property Taxes
Parcel Number
049-40-10-002.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$560,491 CAD
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