205 Locust Dr

For Sale

205 Locust Dr, Frankfort, KY 40601

This Frankfort property for sale is located at 205 Locust Dr. The general use of 205 Locust Dr is industrial and it incorporates 9,750 square feet of class C industrial space. The current listed sale price for 205 Locust Dr is $630,000. 205 Locust Dr is situated on a lot that is 1.5 acre in size.

Contacts

Kevin Verhoven

The Gibson Company

Property Details

  • Property Type Industrial - Flex - Industrial
  • Property Size 9,750 SF
  • Lot Size 1.5 Acre
  • Building Class C
  • Year Built 1988
  • Date Updated Apr 17, 2026

Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman’s Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort’s most accessible commercial corridors.Property Description Outstanding investment opportunity in Frankfort, Kentucky! This 9,750 SF flex building sits on 1.5 acres of General Commercial-zoned land, conveniently located just off Versailles Road (US 60) behind Gary Yeoman’s Ford. The property consists of five (5) individual units at approximately 1,850 SF each, ideal for light industrial, service, or small-business tenants. The building is 100% occupied with month-to-month tenants, providing stable income and immediate upside potential through rent adjustments or new leasing strategies. A 500 SF garage bay is currently vacant, offering flexibility for owner use or additional rental income. The site provides ample parking, easy access to major highways, and a functional flex layout suitable for contractors, distributors, or service companies. This is a great opportunity for an investor or owner-user to acquire a well-located commercial asset with value-add potential in one of Frankfort’s most accessible commercial corridors. 9,750 SF flex building on 1.5 acres Five (5) units ± 1,850 SF each 500 SF garage bay currently vacant Zoned General Commercial (CG) 100% occupied month-to-month tenants Located off Versailles Road behind Gary Yeoman’s Ford Opportunity to increase rental income with new leases Ample on-site parking and easy highway access9,750 SF flex building on 1.5 acres

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Getting around

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Location

  • City Frankfort, KY
  • Zip Code 40601
  • Market Lexington

Points of Interest

  • Speedway

    0.27 miles

  • BP

    0.57 miles

  • Shell

    0.60 miles

  • Kroger

    1.03 miles

  • RaceTrac

    1.11 miles

  • Sunoco

    1.84 miles

  • Burger King

    0.33 miles

  • Subway

    0.34 miles

  • Zaxby's

    0.35 miles

  • KFC

    0.39 miles

  • Taco Bell

    0.46 miles

  • Waffle House

    0.49 miles

  • Captain D's

    0.55 miles

  • DQ Grill & Chill

    0.66 miles

  • Cattleman's Roadhouse

    0.75 miles

  • White Castle

    0.96 miles

Contact Listing Broker
Kevin Verhoven

The Gibson Company

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