101 St Clair St - Loft/Creative Space FOR SALE


Frankfort, KY 40601
$400,000 USD
502-319-2344
101 St Clair St, Frankfort, KY for Sale
$400,000 USD
Loft/Creative Space - FOR SALE
1/44
null | Request Cap Rate

101 St Clair St
Frankfort, KY 40601


HIGHLIGHTS

  • Opportunity Zone
  • Historical Tax Credits

OVERVIEW

9,000 square feet in the heart of downtown Frankfort. Currently professional office space and needs an entire rehab. Opportunity Zone, Historical Tax Credits as a contributing structure, and possible environmental efficiency upgrade USDA tax credits available. Building was recently flooded on the first floor in a historic flood. First floor is gutted and ready for rehab. Owner has not done any of the work other than demo to allow for full value of dollar improvements by new owner. Owner could possibly owner finance a portion of purchase. Highest and best use as a mixed use building with majority of square footage to be rehabbed into residential would best fit this market.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

061-24-14-001.00

ASK ABOUT THIS PROPERTY

Taylor MarshallMarshall Lane Real EstateMore Info
502-319-2344

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Taylor MarshallMarshall Lane Real EstateMore Info
502-319-2344

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.