607 Louisville Road
Property Description
An 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. 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. This is far more than a traditional duplex - it's an opportunity to secure a strategic corridor property with immediate utility and long-term potential! 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 | 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. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $290,000 |
| No. of Units: | 2 |
| Year Built: | 1972 |
| Lot Size: | 1,780.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $145,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-LBARKY-26017352
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