1 Grandview Dr, Frankfort, KY 40601

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Building Details:

This is a mixed use property. It has six apartments on the second floor above retail. The property grosses $86,640.00 annually and remains fully leased. Rents are all low and could be raised by new owner. Estimate at least a 5-10% increase in rent would not affect the occupancy. Grandview connects with US 60 (Versailles Rd.) in Franklin County and is the corner lot at that intersection. Area includes two shopping centers, many restaurants, and much office and retail.

Tenants are all local and include a restaurant, laundromat, tax service, dance studio, seamstress, cosmetic shop, barber shop, salon, and appliance store.