4 Physicians Park - Health Care FOR SALE


Frankfort, KY 40601
$890,000 USD
859-224-8833
4 Physicians Park, Frankfort, KY for Sale
$890,000 USD
Health Care - FOR SALE
1/11
null | Request Cap Rate

4 Physicians Park
Frankfort, KY 40601


OVERVIEW

Located at 4 Physicians Park Drive in Frankfort, Kentucky, this medical office building offers 8,039 square feet of functional space on a 1.05-acre lot. Constructed in 1987, the two-level, free-standing brick facility is positioned within the Diagnostic Office Park, directly adjacent to Frankfort Regional Medical Center. Zoned for professional office use, the property includes ample on-site parking with 104 spaces and is designed to accommodate either a single user or two separate tenants, with each suite featuring its own private entrance. The main level comprises approximately 4,008 square feet and includes 13 exam rooms with sinks, 10 offices, two waiting areas, three restrooms, and a dedicated storage area. The lower level, offering an additional 4,031 square feet, includes seven exam rooms, two offices, a small conference room, kitchen/break room, three bathrooms, and a large storage area, including a 431-square-foot unfinished section formerly used for medical records. With its strategic location next to Frankfort Regional Medical Center, generous parking capacity, and flexible layout for multi-tenant use, this property is ideal for healthcare providers or investors seeking a well-equipped facility in a highly visible and established medical corridor. It also presents an excellent opportunity for an owner/occupant looking to control their own space and invest in their own real estate.

FOR SALE DETAILS

PRICE

$890,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

104

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,825 SF

ZONING

PO

APN/PARCEL ID

050-00-00-074.00

ASK ABOUT THIS PROPERTY

Kevin VerhovenThe Gibson CompanyMore Info
859-224-8833

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

Kevin VerhovenThe Gibson CompanyMore Info
859-224-8833

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