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. 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 | 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. 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. This is far more than a traditional duplex — it's an opportunity to secure a strategic corridor property with immediate utility and significant long-term potential. Schedule your private showing today to explore the possibilities at 607-609 Louisville Road!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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