Building Details:
1500 Leestown Pike is located in Frankfort, KY.
This bank owned commercial land in a busy commercial corridor of Frankfort, KY is prime for development. The site is comprised of approximately 9 acres. Approximately 12 adjacent acres have already recently been sold for a mixed use development. Construction is underway on this adjacent site for new medical office, a new Speedway gas station and other commercial development. It is located in an established area that is one of Frankfort's busiest commercial thoroughfares. A residential subdivision sits to the immediate north of the property. Residential development is also located toward the East and West. There has been a fair amount of retail and commercial development in the immediate vicinity of the site within the past 5 years. The present zoning permits a wide variety of retail and commercial uses. It contains great visibility and convenient access to I-64 and US 60. The property is being offered below recently appraised value!
INVESTMENT HIGHLIGHTS
-Priced to sell below appraised value
-Adjacent to new commercial development that includes medical office and a Speedway gas station
-High traffic thoroughfare
-Excellent location for any use - Retail, office, medical, apartments, assisted living
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