Eric Hibbs - Coldwell Banker McMahan
112 E Main St
Frankfort, KY 40601

$1,650,000

Description

20,000 square feet, mixed use building, strategically located in the downtown business corridor looking directly at the Capitol. Called the Clock Tower Building a unique blend of modern and historic. Building is master leased by a national realty franchise NNN at 12,000 per month for 5 years with 2 additional 5 year options. 8.1 Cap. This building has large conference areas and large open spaces with many offices. Huge windows. Fantastic views. Has elevator and is ADA compliant. Adequate parking with 70 parking spaces in leased lot in close proximity to building. One upscale apartment/condo space has been completely updated into a loft with awesome views of the Capitol and downtown Frankfort. This is the opportunity to buy one of the coolest, best located buildings in downtown capital city.

Details

MLS#1723785
Sub-TypeResale
StatusActive
Year1996
Days On Site297

Features

SQ Feet20,000
Story(s)2
Zoninggeneral commercial

Loading Form

Loading Form

Area Information

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
AreaFranklin County
Listing VS Median (in 40601)
Price:
$1,650,000
low | high
Med:
$116,500
100% of Average
SqFt:
20,000
low | high
Med:
2,508
100% of Average
$ / SqFt:
$83
low | high
Med:
$73
62.108625921953% of Average
On Site:
297
low | high
Med:
137
100% of Average
Listing Updated: 08/17/2018
MLS Number: 1723785
Listing Provided By:
Taylor A Marshall  of  RE MAX Commonwealth