Office/Warehouse Building

1216 Wilkinson Blvd Frankfort, KY 40601

1216 Wilkinson Blvd, Frankfort, KY, 40601
1216 Wilkinson Blvd, Frankfort, KY, 40601 1216 Wilkinson Blvd, Frankfort, KY, 40601
FOR SALE
Property Type:
Other Special Purpose
Amount:
$1,200,000
Last Verified:
Apr 30, 2024

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Highlights

  • Multi-tenant office/warehouse building
  • Currently leased to The State Journal, Rutledge Remodeling and City Museum
  • Value-Add Opportunity - existing rents are under current market rates
  • Located on Wilkinson Boulevard across from Buffalo Trace Distillery, which hosts more than 400,000 visitors each year
  • +/-4 miles from I-64, 25 miles west of Lexington and 54 miles east of Louisville
  • Zoned IC, Industrial Commercial

Description

NAI Isaac is pleased to present a +/-19,145 SF freestanding office/warehouse building for sale located just across from Buffalo Trace Distillery, which hosts more than 400,000 visitors each year.

The site is located +/-4 miles from I-64 and situated in a high traffic area on US Highway 421. Frankfort, the Capital of the Commonwealth, is bisected by the Kentucky River and is the midway point between Kentucky’s two largest markets of Lexington and Louisville. Frankfort is 25 miles west of Lexington, 54 miles east of Louisville and 79 miles southwest of Cincinnati.


Year Built: 1997
Building Size: 19145sq ft
Building Class: B
Lot Size: 1.46 acres


Documents

1216 Wilkinson Blvd, Frankfort

Map of 1216 Wilkinson Blvd, Frankfort, KY, 40601

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.