Bank Owned | Premier Office | Income Producing Frankfort, KY

Property Location MAP

201-205 W. Main Street
Frankfort, KY 40601

Property #: TAA2540

Contact Agent

Jordan Conlee, CAI, AARE
Tranzon Asset Advisors

888-791-7307 ext 809 jconlee@tranzon.com

Bank Owned | Premier Office | Income Producing

Frankfort, KY - Virtual Property Tour  
  • Two-Story Building with 12,000 +/- SF (6,000 SF Floor Plate)

  • Gross Annual Income: $102,715 –Tenant Pays 50% of All Utilities for Entire Building

  • Prime Corner – Signalized Intersection – Naming Rights for New Owner – 50% Occupied

  • Extensive Renovation Completed in August 2025 – New HVAC/Elevator & Class A Interior TI’s

  • Historically Significant Architectural Craftsmanship Projects an Elegant Design that is Reminiscent of Old World Design. 

  • Zoned CB (Central Business District) – Vast Array of Allowable Uses

  • Sprinkler System On All Floors

  • Long-Term Credit Tenant with New 5-Year Extension in Place as of May 2025

  • Located at Busy, Signalized Intersection in the Heart of Downtown Frankfort – Seat of Kentucky State Government

  • Located Less than One Mile from State Capitol, State Office Headquarters and Federal Courthouse – Two Blocks from Franklin County Courthouse

  • Regional Lender Orders Immediate Sale of Multiple Surplus Assets!

  • Multiple Locations for Auction in WV, KY, PA, OH & IN. Call Today for the List of Branches & Surplus Asset Properties!

  • Free & Clear Title Guaranteed – Title Insurance Available!

IMPORTANT NOTE: Do Not Disturb the Existing Tenants or Attempt to Tour the Property without Prior Permission from Tranzon.

 
 
 

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #P187998

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jordan Conlee, CAI, AARE

Jordan Conlee, CAI, AARE: Tranzon Asset Advisors

888-791-7307 ext 809 jconlee@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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