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(SOLD) $875,000

202 204 206 West Broadway Frankfort, KY  40601

Property Description for 202 204 206 West Broadway Frankfort, KY 40601

Now is the perfect opportunity to own property in historic Frankfort's bourbon district. These two large buildings and adjacent parking lot offer endless possibilities. The idyllic Frankfort location was home to the loved and successful Gibbys for 20 plus years. What remains is everything one needs for a seamless transition into your very own dream. Home to the historic state capitol buildings, just steps from the area locals refer to as the mall, and right on the Bourbon Trail, this location is a recipe for success. Seller is offering 2 buildings, a large restaurant with a list of items included, and a spacious apartment above(currently under renovation) The connecting building can be added square footage to your restaurant or an entirely separate event space. Above is home to 2 income generating Airbnbs! Seller has made extensive upgrades including, gas(1,000,000. BTU,s) 3 phase electric, AC units and fire protection. There was great foresight taken for future possibilities, roughed in for a bar and a walk in cooler. Call or text for a private showing. Directions Downtown Frankfort near old Capital building

Address:202 204 206 West Broadway Frankfort KY 40601
Status:Sold
Sold On: 11/8/2023
Price:$899,000
Bathrooms:0
Year Built:9999
County: Franklin
MLS #:23012861

Directions:Agent and owner must be present

Loan Price
$4,929
Price And Interest $4,564/month
Property Tax $0/month
MTG INS $0/month
HOME INS $365/month
Price
$875,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,380 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 014 - Franklin County
Subdivision: Downtown
Zip Code:40601

Exterior Type:Brick, Concrete, Stone
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 202 204 206 West Broadway Frankfort, KY  40601


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Listing provided courtesy of Jordan Price and Patrick Pearson with National Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Frankfort, KY Market Report

96
Avg. DOM
$200.17
Avg. $ / Sq.Ft.
$ 378,695
Med. List Price

The house prices in Frankfort are not dropping at the moment. There has been a increase in price of $12,138.63. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Frankfort are going Up. The average house price is $389,080.00 and the average price per square feet is $230.84 per square feet. At the moment, the amount of homes listed is exactly 773 houses, with 74 with active status, 90 with pending status and 609 sold in Frankfort .

The most popular place to buy a home in Frankfort is 014 - Franklin County. 014 - Franklin County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Frankfort .

The average amount of property taxes you would have to pay for a home in Frankfort is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Frankfort are staying listed for an average of 77 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Frankfort was 2255 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Frankfort is $2,200,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Frankfort is $29,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Frankfort in year 1830 and the newest built house is in year 9999.

The average size of properties in Frankfort is 453.59 sq.ft. , the biggest one being 5482 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.