Frankfort, KY 40601,120 Corporate Drive
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Frankfort, KY 40601,120 Corporate Drive
Frankfort, KY 40601,120 Corporate Drive
Frankfort, KY 40601,120 Corporate Drive
Frankfort, KY 40601,120 Corporate Drive

$1,750,000

$1,800,000

2.8%
Est.Price: ?

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120 Corporate Drive Frankfort, KY 40601

2.88 Acres Lot

SOLD DATE : 06/01/2023

Key Details

Sold Price $1,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Commercial

MLS Listing ID 22019388

Sold Date 06/01/23

Year Built 2004

Lot Size 2.880 Acres

Property Description

24,500 SF industrial property on 2.88 acres located 1 mile from I-64 in Frankfort, KY. These two connected buildings are both clear span, temperature controlled, and could be divisible for multiple tenants. The front warehouse was built in 2004 and is approximately 12,200 SF with 1,500 SF office, 10,700 SF warehouse, 17'8' clear height, LED lighting, 3 docks, 2 restrooms, mezzanine storage, and 800 amp 3-phase electric. The rear building was constructed in 2010 and is approximately 12,000 SF of warehouse, 17'1' clear height, 1 dock, 2 restrooms, and 800 amp 3-phase. The corridor connecting the two buildings has a roll-up door allowing the space to separated if needed. Potential sale-leaseback until Q2/Q3 2023 when owner's new building is complete. Additional 9.3 acres of industrial land available across the street at 104 Fortune Drive. Priced at $50,000/acre in a market with very limited supply of industrial land, this site can be purchased with the warehouse or separately.

Location

State KY

County Franklin

Exterior

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by The Gibson Company
agent

Maggie Wells

Agent | License ID: 221726

+1(859) 402-4766

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