300 Myrtle Avenue, Frankfort, KY 40601 (MLS# 1525266)

300 Myrtle Avenue, Frankfort, KY 40601

$93,500

Property Type: Commercial Sale Square Footage: 53,000 Lot Size (sq. ft.): 261,360 Status: Closed

Current Price: $93,500 List Date: 12/01/2015 Last Modified: 9/03/2025

Overview

Description

ABSOLUTE AUCTION: This property to be sold at ABSOLUTE AUCTION on Wednesday, December 30th at 11:00 AM with no minimum bid or reserve. SALE TERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Building needs total renovation. Dock Area 2,100 sq.ft.-Main Area 44,160 sq.ft.-Entrance 1,778 sq.ft.-Boiler Rm. 2,340 Sq.Ft.-Office 3,650 sq.ft.-400 KVA 3 phase service. 120-240 Volt single phase, 240 Volt 3 phase. Heating; 5 Trane heat pumps for Offices; sprinkler, entire building; 14 stall Women's restroom and small 2 stall in office area, 8 Stall Men's Restroom and small 2 stall in office area, 2 Loading docks, Brick and block construction, floating pad concrete floor, Steel grid ceiling/roof (must have a new roof); 6 acres +/-, Black top parking for more than 250 Cars. Jim Halfhill, Sr., Principal Auctioneer.

Listing Details MLS# 1525266

Listing Information

Property Sub Type: Office

Status Change Information

Price Change Timestamp: 2016-02-01T16:32:09Z
Status Change Timestamp: 2016-02-01
Purchase Contract Date: 2015-12-30
Close Date: 2016-01-29
Close Price: 93500
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: na

Address

County: Franklin
Street Number: 300
Street Name: Myrtle
Street Suffix: Avenue
State: KY
Zip Code: 40601

Contract

Original List Price: 1200000
Start Showing Date: 2015-12-01
Listing Contract Date: 2015-12-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 22.64
Sold Price/SqFt: 1.76
SP/LP: 0.08

Tax Legal

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

Interior

Living Area: 53000
Building Area Total: 53000

More Information

Parking Information

Parking Total: 56

Building

Year Built: 1957
Stories Total: Yes

Lot

Lot Size Acres: 6
Lot Size Square Feet: 261360.24

Utilities

Cooling YN: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: ABSOLUTE AUCTION: This property to be sold at ABSOLUTE AUCTION on Wednesday, December 30th at 11:00 AM with no minimum bid or reserve. SALE TERMS: As is/Non-contingent/10% earnest money deposit/30 day settlement/10% buyer's premium added to all offers and included in the total contract price. Building needs total renovation. Dock Area 2,100 sq.ft.-Main Area 44,160 sq.ft.-Entrance 1,778 sq.ft.-Boiler Rm. 2,340 Sq.Ft.-Office 3,650 sq.ft.-400 KVA 3 phase service. 120-240 Volt single phase, 240 Volt 3 phase. Heating; 5 Trane heat pumps for Offices; sprinkler, entire building; 14 stall Women's restroom and small 2 stall in office area, 8 Stall Men's Restroom and small 2 stall in office area, 2 Loading docks, Brick and block construction, floating pad concrete floor, Steel grid ceiling/roof (must have a new roof); 6 acres +/-, Black top parking for more than 250 Cars. Jim Halfhill, Sr., Principal Auctioneer.

Building and Property Details

# of Dock Doors: 2
# of Men's Restrooms: 2
# of Women's Restrooms: 2

Showing Information

Showing Instructions: Call Listing Agent to schedule showing

Tax & Legal

Zoning Description: Commercial
Directions: East Main Street turn onto Myrtle Avenue, property is at the end of Myrtle Avenue.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Brick: Yes

Possession

Close Of Escrow: Yes

Roof

Flat: Yes

Security Features

Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Auction: Yes

Water Heater

Water Heater: Yes

Building Features

Concrete Floor: Yes

Business Type

Professional/Office: Yes
Warehouse: Yes

Ceiling

Open: Yes

Docks

1-3 Docks: Yes

Electric

3 Phase: Yes

Existing Lease Type

None: Yes

Sale Includes

Building(s): Yes
Land: Yes

Documents

Survey: Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Phone Available; Water Available; Electricity Available; Natural Gas Available; Phone Available; Water Available Building Features: Concrete Floor Business Type: Professional/Office; Warehouse Ceiling: Open Construction Materials: Block; Brick Docks: 1-3 Docks Electric: 3 Phase Existing Lease Type: None Possession: Close Of Escrow Roof: Flat Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Auction Water Heater: Water Heater Documents: Survey

Listing Office: Rector Hayden Realtors

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.