True
Space Available For Lease 1
Full Building |
Newly renovated 1350 SF retail building - new rubber membrane roof, all new electric, new mini split HVAC and large new patio in back. Two bathrooms, waiting area and large open space with new, attractive black foam ceiling.
Expansive corner property also includes a 1536 SF warehouse in the back with overhead doors. Ingress/egress locations on Holmes St and Meagher Avenue.
Throughfare for entering into downtown Frankfort, with Buffalo Trace nearby as well. Multiple roadside signage options.
Creative ideas include a small restaurant/small event center with outdoor patio and expansive parking lot; general retail with warehouse for storage of items; re-converted to a small car repair/detailing; scraping the buildings for a blank canvas; and many other possibilities!
502 Holmes (land) can be leased also to total 1.28 AC. Property is also Listed for Sale.
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Christa Collins
The Gibson Company |
Contacts

The Gibson Company
Property Details
- Property Type Retail - Freestanding
- Property Size 2,886 SF
- Lot Size 1.28 Acre
- # of Floors 1
- Property Tenancy Single Tenant
- Year Renovated 2024
- Date Updated Mar 31, 2025
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
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Sunoco
1.22 miles
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Speedway
1.88 miles
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Kroger
1.94 miles
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BP
2.51 miles
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Shell
3.23 miles
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KYTC Empl Ent West
0.75 miles
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Locals Food Hub & Pizza Pub
0.67 miles
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Jim’s Seafood
0.71 miles
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Gibby's
0.83 miles
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Buddy's Pizza
0.84 miles
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Capital Cellars Wine & Spirits Café Market
0.88 miles
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Serafini
0.89 miles
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Main Street Diner
0.95 miles
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Firehouse Cafe
1.02 miles
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Rick's White Light Diner
1.12 miles
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Andy's Artisan Bread
1.21 miles
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American Freight
1.85 miles
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Save-A-Lot
1.92 miles
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Kroger
1.97 miles
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Kohl's
3.04 miles
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TJ Maxx
3.09 miles
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ALDI
3.35 miles
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Walmart Supercenter
3.63 miles
500-502 Holmes St Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
Retail space at 500 Holmes St asks $2,100.00/MO per square foot.
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The property includes 2,886 square feet of retail space for lease. Of this total, 2,886 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
500-502 Holmes St was last renovated in 2024.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

The Gibson Company