265 Versailles Road, Frankfort, KY 40601 (MLS# 23002710)

265 Versailles Road, Frankfort, KY 40601

$725,000

Property Type: Commercial Sale Square Footage: 24,103 Lot Size (sq. ft.): 281,049 Status: Closed

Current Price: $725,000 List Date: 9/24/2023 Last Modified: 9/04/2025

Overview

Description

Back on Market! Reduced sale price! Has brand new roof! Large, classical special use building and surrounding land that is a city landmark and is in a great location off Versailles Rd in the Capital City. Includes over 24,000 square feet of space on approximately 6.5 acres of scenic, rolling land. One of the largest lots currently available in the city and has plenty of parking. The building includes a full-service kitchen, multiple offices, classrooms and large dining area. Could serve as a church, school or developed into multi-family apartments, or a wonderful event venue for weddings and gatherings. Great access to Versailles Rd retail corridor.

Listing Details MLS# 23002710

Listing Information

Comp Sale YN: No

Status Change Information

Price Change Timestamp: 2023-12-06T18:34:05Z
Status Change Timestamp: 2024-11-15
Purchase Contract Date: 2024-09-30
Close Date: 2024-11-15
Close Price: 725000
Buyer Financing: Conventional
Sale Type: Arms Length Sale

Address

County: Franklin
Street Number: 265
Street Name: Versailles
Street Suffix: Road
State: KY
Zip Code: 40601
Parcel Number: 085-22-01-004.00

Contract

Original List Price: 1800000
Start Showing Date: 2023-02-15
Listing Contract Date: 2023-02-15
Listing Agreement: Exclusive Right To Sell
Owner Name: Highland Christian Church-David Whittaker, Trustee
Owner Phone: 502-875-3100
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 45.64
Sold Price/SqFt: 30.08
SP/LP: 0.66

Tax Legal

MLS Area Major: 014 - Franklin County
Subdivision Name: Franklin Heights

Interior

Living Area: 24103
Building Area Total: 24103

More Information

Parking Information

Parking Total: 56

Building

Basement YN: Yes
Year Built: 1959
Stories Total: Yes
Accessibility Features YN: No

Lot

Lot Size Acres: 6.452
Lot Size Square Feet: 281049

Remarks

Public Remarks: Back on Market! Reduced sale price! Has brand new roof! Large, classical special use building and surrounding land that is a city landmark and is in a great location off Versailles Rd in the Capital City. Includes over 24,000 square feet of space on approximately 6.5 acres of scenic, rolling land. One of the largest lots currently available in the city and has plenty of parking. The building includes a full-service kitchen, multiple offices, classrooms and large dining area. Could serve as a church, school or developed into multi-family apartments, or a wonderful event venue for weddings and gatherings. Great access to Versailles Rd retail corridor.

Building and Property Details

Inground Tank YN: No
Lot Expansion Potential YN: Yes
Railroad Siding YN: No
# of Men's Restrooms: 4
# of Women's Restrooms: 4

Showing Information

Showing Instructions: Contact listing agent to schedule showing.

Tax & Legal

Tax Rate: 13.77
Zoning Description: RH/RC
Directions: I-64 to US 60 (Versailles Rd) to Lyons Drive. Property on right.

Association/Community

Number Of Buildings: 2

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes
Other: Yes

Construction Materials

Stone: Yes
Wood Siding: Yes

Listing Terms

Cash: Yes

Parking Features

Paved: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes
See Remarks: Yes

Roof

Composition: Yes
Flat: Yes
Shingle: Yes
Tar/Gravel: Yes

Sewer

Public Sewer: Yes

Water Heater

Water Heater: Yes

Building Features

Fully Carpeted: Yes
Partially Carpeted: Yes
Tile/Brick Floor: Yes
Vinyl Flooring: Yes

Business Type

Other: Yes

Ceiling

Dropped: Yes
Drywall: Yes
Open: Yes

Docks

None: Yes

Electric

100 Amp Service: Yes
200+ Amp Service: Yes

Sale Includes

Building(s): Yes
Fixtures: Yes
Land: Yes

Documents

Appraisal: Yes
Survey: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Other; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Other Building Features: Fully Carpeted; Partially Carpeted; Tile/Brick Floor; Vinyl Flooring Business Type: Other Ceiling: Dropped; Drywall; Open Construction Materials: Stone; Wood Siding Docks: None Electric: 100 Amp Service; 200+ Amp Service Listing Terms: Cash Parking Features: Paved Possession: Close Of Escrow; Negotiable; See Remarks Roof: Composition; Flat; Shingle; Tar/Gravel Sale Includes: Building(s); Fixtures; Land Sewer: Public Sewer Water Heater: Water Heater Documents: Appraisal; Survey

Listing Office: EXIT Realty Crutcher Frankfort

Last Updated: September - 04 - 2025

Information deemed reliable but not guaranteed.