40 Devils Hollow Access Road Frankfort, KY $ 365,000
40 Devils Hollow Access Road
$ 365,000
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40 Devils Hollow Access Road

Frankfort, KY, 40601
$ 365,000
Bedrooms-- Baths-- Sq 2,288

Monthly Estimate*

$ 2,277

40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 1
40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 2
40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 3
40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 4
40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 5
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40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 7
40 Devils Hollow Access Road, Frankfort, KY 40601 - Image 8

Commercial Property for sale in Frankfort, KY

for $365,000. This 2,288 square foot building was built in 1994 on a lot size of 1.3.

Prime Investment Opportunity! Commercial Property with High Traffic Exposure on 127 This property offers a fantastic investment opportunity with steady cash flow and prime visibility along a major highway. The building is currently fully leased with long-term tenants, ensuring reliable income. Plus, two of the tenants are eager to extend their leases through 2026, providing further peace of mind. Key Features: Current rents are below market value and bring in 2175/mo with significant opportunity to increase rental rates as leases come up for renewal. There are 10 paved parking spaces on the property for easy accessibility. Brand new HVAC in the first unit. All three units have their own hot water tanks for increased tenant satisfaction and low maintenance Prime road frontage for added visibility and signage opportunities. Whether you're looking for a property to grow your investment portfolio or a location to advertise your business, this property checks all the boxes!

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Commercial Active

Price

$ 365,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

1.3

Year Built

1994

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

25501538

Features
General
Sewer Public Sewer
Cooling Electric
Utilities Electricity Available Phone Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Roof Metal
Zoning Other
Construction Materials Brick
Year Built 1994
Tenant Pays Interior Maintenance Insurance Water Trash Collection Sewer Gas Electricity
Property Subtype Mixed Use
Parcel Number 048-40-11-002.00
Business Type Retail Professional/Office Professional Service Commercial
County Franklin
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Building Features Concrete Floor
Status Active
Directions Directly behind BP on 127 Bypass.
City Frankfort
Zoning Description Commercial
MLS Area 014 - Franklin County
Lot Size Units Acres
Lot Size Square Feet 56628.0
Land Lease Y/N N
MLS Area Minor 014 - Franklin County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features Paved
Total Parking 10.0
Lot Size Area 1.3
Number of Buildings 1
Building Area Total 2288.0
Lot Size Acres 1.3
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Total Baths 0
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Internal Only
Street Number 1 40
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* Excluded Features
List By
Century 21 Commonwealth R E

Broker

silvapeyton021@gmail.com

Email

Affordability Calculator

$2,277
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,277
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$365,000 -2.67% Price Down
9/17/2025$375,000 Listed Price

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40 Devils Hollow Access Road, Frankfort, KY, 40601 is a Commercial Property for sale at $365,000 with 2,288 sqft and a lot size of 1.3. 40 Devils Hollow Access Road was built in 1994. The property's zip code is 40601 which is in Frankfort, KY