Frankfort, KY Commercial Real Estate for Lease and Sale

Explore 37 listings of Frankfort commercial real estate to find the best space for your business.

2,045 SF Office Building on Versailles Road

331 Versailles Road, Frankfort, KY
Property

Office

2,045 SF
For Sale

$334,999
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Frankfort, KY Retail FOR SALE / FOR LEASE

172 Versailles Road, Frankfort, KY
Property

Retail

3,200 SF
Availability

1 Space

3,200 SF
For Lease

$5,000.00/MO
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Frankfort, KY Retail FOR SALE / FOR LEASE

172 Versailles Road, Frankfort, KY
Property

Retail

3,200 SF
For Sale

$800,000
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Office Building

360 Democrat Drive, Frankfort, KY
Property

Office

18,376 SF
Availability

1 Space

18,376 SF
Year Built

1989
For Lease Contact for pricing
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What type of listing property are you looking for?

Office Retail Industrial

Office Retail Industrial Land
Frankfort

709 East Main Street, Frankfort, KY
Property

Retail

10,125 SF
Availability

1 Space

10,125 SF
For Lease Contact for pricing
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US 60 Outlot #2 - 1.446 AC

452 Versailles Road, Frankfort, KY
Property

VacantLand
For Sale

$475,000
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Downtown Office Building

209 Saint Clair Street, Frankfort, KY
Property

Office

32,260 SF
Availability

1 Space

6,031 SF
For Lease Contact for pricing
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Century Plaza

1127 US Hwy 127 S, Frankfort, KY
Property

Retail

85,000 SF
Availability

11 Spaces

133,231 SF
For Lease Contact for pricing
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113-127 Brighton Park Blvd

113-127 Brighton Park Blvd, Frankfort, Belfry, KY
Property

Other

12,000 SF
Year Built

1994
For Sale

$1,800,000
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Burlington Center Office Condo

107 Consumer Lane, Frankfort, KY
Property

Office

1,400 SF
For Sale

$175,000
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Office/Warehouse Building

1216 Wilkinson Blvd, Frankfort, KY
Property

Office

19,145 SF
Year Built

1997
For Sale

$1,200,000
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US 60 Outlot - 2.17 AC

452 Versailles Road, Frankfort, KY
Property

VacantLand
For Sale

$4,014,500
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Capital Complex East

1024 & 1025 Capital Center Drive, Frankfort, KY
Property

Office

181,870 SF
Availability

5 Spaces

81,149 SF
For Lease Contact for pricing
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+/-3.33 AC Development Lot

109 Diagnostic Dr, Frankfort, KY
Property

VacantLand
For Sale

$299,700
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Hudson Hollow Office Park

2 Hudson Hollow, Frankfort, KY
Property

Office

49,393 SF
Availability

1 Space

49,393 SF
For Lease Contact for pricing
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Investment Opportunity

1070 Versailles Road, Frankfort, KY
Property

Retail

23,987 SF
For Sale

$4,950,000
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Brighton Park Shopping Center

118 Brighton Park Boulevard, Frankfort, KY
Property

Retail

104,386 SF
Availability

6 Spaces

68,474 SF
For Lease Contact for pricing
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Freestanding Data Center

102 Bypass Plaza Dr, Frankfort, KY
Property

Industrial

20,328 SF
Year Built

1985
For Sale

$1,600,000
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Mill Creek Office Park

1 Mill Creek Park, Frankfort, KY
Property

Office

181,300 SF
Availability

7 Spaces

107,997 SF
For Lease Contact for pricing
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Freestanding Flex Building

654 Versailles Road, Frankfort, KY
Property

Industrial

4,469 SF
Availability

1 Space

4,469 SF
For Lease

$14.00/SF/YR
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949 Louisville Rd #B

949 Louisville Rd, Frankfort, KY
Property

Retail

9,920 SF
Year Built

1999
For Sale

$1,900,000
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653 Chamberlin Avenue

653 Chamberlin Ave, Frankfort, KY
Property

Office

52,416 SF
Year Built

2002
For Sale

$4,750,000
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624 Chamberlin Avenue

624 Chamberlin Avenue, Frankfort, KY
Property

Office

10,149 SF
Availability

1 Space

4,452 SF
Year Built

2003
For Lease

$16.00/SF/YR
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120 Corporate Drive

120 Corporate Drive, Frankfort, KY
Property

Industrial

49,000 SF
Availability

1 Space

24,500 SF
For Lease

$7.25/SF/YR
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2001 Leestown Rd

2001 Leestown Rd, Frankfort, KY
Property

Industrial

224,457 SF
Availability

1 Space

148,657 SF
Year Built

1968
For Lease

$5.00/SF/YR
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East West Connector

East West Connector, Frankfort, KY
Property

VacantLand

158.34 Acre
For Sale

$5,542,040
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624 Chamberlin Avenue

624 Chamberlin Ave, Frankfort, KY
Property

Office

10,149 SF
Year Built

2003
For Sale

$1,500,000
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73 C Michael Davenport Blvd

73 C Michael Davenport Blvd, Frankfort, KY
Property

Office

8,235 SF
For Sale

$650,000
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101 Sea Hero Road

101 Sea Hero Road , Frankfort, KY
Property

Office

51,000 SF
For Sale

$1,950,000
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949 Louisville Road

949 Louisville Rd, Frankfort, KY
Property

Retail

11,010 SF
Availability

2 Spaces

3,680 SF
For Lease

$1,500.00 - $3,250.00/MO
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76 C Michael Davenport Blvd

76 C Michael Davenport Blvd, Frankfort, KY
Property

Office

6,887 SF
Availability

1 Space

1,000 SF
For Lease

$12.00/SF/YR
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2225 Lawrenceburg Rd

2225 Lawrenceburg Rd, Frankfort, KY
Property

Office

6,400 SF
Availability

1 Space

6,400 SF
Year Built

2004
For Lease

$10.00 - $12.50/SF/YR
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100 Old Versailles Rd

100 Old Versailles Rd, Frankfort, KY
Property

VacantLand

0.5 Acre
For Sale

$500,000
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190 Versailles Rd

190 Versailles Rd, Frankfort, KY
Property

Retail

1,788 SF
Availability

1 Space

1,788 SF
For Lease

$25.00/SF/YR
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363 Versailles Rd

363 Versailles Rd, Frankfort, KY
Property

Retail

15,800 SF
For Sale

$1,563,000
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Parkside Center

7700 John Davis Dr, Frankfort, KY
Property

Retail

587,007 SF
Availability

8 Spaces

30,920 SF
For Lease Contact for pricing
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411 Holmes Street

411 Holmes Street, Frankfort, KY
Property

Industrial

42,721 SF
For Sale

$2,695,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Frankfort commercial real estate market incorporates 624,625 square feet of office space across 15 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Frankfort commercial real estate market includes 849,023 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Frankfort market, there is a total of 340,975 square feet of industrial property.

The listing inventory in Frankfort incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Frankfort is represented by Office space, which accounts for 274,798 square feet of available listings. Retail space available in Frankfort adds up to 248,218 square feet.

Meanwhile, most of the listings of commercial property for sale in Frankfort are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Frankfort is $8.97 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Frankfort can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Frankfort, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $12.5 per square foot. In particular, the property type commanding the highest lease rates in Frankfort was Retail space.

The average size of a commercial property in Frankfort depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Frankfort, the average size of an office property is 44,617 square feet.
Retail properties here incorporate an average of 94,336 square feet.
Industrial space in Frankfort is in buildings that are, on average 68,195 square feet in size.

Frankfort, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Frankfort currently add up to 775,985 square feet. The market offers 8 active office listing(s), which amount to 270,412 square feet and account for 42% of commercial spaces on the market. Local retail availability includes 252,147 square feet across 8 retail space(s). Industrial space for rent opportunities in Frankfort amount to 253,426 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	8	270,412
Retail	8	252,147
Industrial	3	253,426

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Frankfort, KY. Currently, there is 408,529 square feet of commercial property for sale here , which includes 9 office building(s) for sale , 3 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	9	185,340
Retail	3	49,707
Industrial	3	154,227
Other	6	19,255

Frankfort, KY Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Frankfort, KY?

What factors affect the price of commercial real estate in Frankfort, KY?

What is the average rent for commercial space in Frankfort, KY?

What are the best areas for commercial real estate in Frankfort, KY?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Frankfort, KY?

Frankfort, KY Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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