511-513 Capital Avenue, Frankfort, KY 40601

$878,000
Property Type: Business Opportunity Square Footage: 4,944 Lot Size (sq. ft.): 12,910 Status: Active
Current Price: $878,000 List Date: 7/10/2026 Last Modified: 7/10/2026

Overview

Description

With its stately presence in historic South Frankfort directly on Capital Avenue, this property sits prominently among and near significant tourism draws; Bourbon Trail, historical sites such as the Capitol, Old Capitol, Governor's Mansion, Downtown Frankfort, and many more. This property is being offered to the discerning buyer seeking a unique, spacious home complete with off-street and ample parking, with potential to provide an income stream to the new owner (buyer to seek and obtain final approval), as it is currently operated as a host-occupied bed and breakfast and residence. The photos and information in the attached documents speak to the high level of excellence and attention to detail in this fully renovated property. Now one of the finer presentations on the central Kentucky market, you are invited to tour this property during limited, scheduled hours. Perhaps you too would enjoy the prestigious experience this Capital Avenue property offers. Currently configured with ...

Listing Details MLS# 26017337

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2026-07-10

Address

County
Franklin
Street Number
511-513
Street Name
Capital
Street Suffix
Avenue
State
KY
Zip Code
40601
Zip +4
2838
Parcel Number
062-32-03-020.00

Contract

Original List Price
878000
Start Showing Date
2026-07-10
Listing Contract Date
2026-07-10
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
2962213.23

Tax Legal

MLS Area Major
014 - Franklin County
Subdivision Name
South Frankfort

Building

Living Area
4255
Living Area Units
Square Feet
Living Area Source
Listing Agent Measured
Building Area Total
4944
Building Area Source
Other
Building Area Units
Square Feet
Year Built
9999

More Information

Lot

Lot Size Acres
0.2964
Lot Size Square Feet
12910

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
With its stately presence in historic South Frankfort directly on Capital Avenue, this property sits prominently among and near significant tourism draws; Bourbon Trail, historical sites such as the Capitol, Old Capitol, Governor's Mansion, Downtown Frankfort, and many more. This property is being offered to the discerning buyer seeking a unique, spacious home complete with off-street and ample parking, with potential to provide an income stream to the new owner (buyer to seek and obtain final approval), as it is currently operated as a host-occupied bed and breakfast and residence. The photos and information in the attached documents speak to the high level of excellence and attention to detail in this fully renovated property. Now one of the finer presentations on the central Kentucky market, you are invited to tour this property during limited, scheduled hours. Perhaps you too would enjoy the prestigious experience this Capital Avenue property offers. Currently configured with 3 bedrooms, all with en suite bathrooms, 4 half bathrooms, 2 kitchens, 2 pantries, 2 dining rooms, living room, lounge/barroom, office & bonus/sewing/work room. The location of the rooms, extra bathrooms, access routes and two stairways, and five entrances, provide a number of possible alternative uses for this property. Possibilities include: two 3-Bedroom STR Suites, boutique restaurant, European-style bistro, private events, bourbon experiences venue, bed & breakfast or boutique inn and more. Some uses may be subject to approvals, permitting, etc. Buyer to verify all features and aspects of property including but not limited to boundaries, square feet, water, sewer, schools, zoning, and suitability.

Showing Information

Showing Instructions
Please check that all exterior doors are locked prior to leaving. Appointment required. Use ShowingTime. Park in back. Keypad on Door. Code will be provided via ShowingTime shortly before showing.

Tax & Legal

Directions
From Louisville Rd (US 60) at US 127, drive easy on Louisville Rd for 0.7 bear left onto Lafayette, Dr. in 0.3 mile turn left onto Shelby St. In 0.1 mile turn right onto State St. In 500 ft enter the traffic circle and take the 3rd exit onto Capital Ave. House is 0.2 mile on right. From East Main St (US 60) on Capital Ave, proceed across the Capital Ave Bridge for 0.5 mile on Capital Ave, make a U-turn and arrive at the home on the right.

Cooling

Electric
Yes
Heat Pump
Yes
Multi Units
Yes
Zoned
Yes

Heating

Forced Air
Yes
Heat Pump
Yes
Natural Gas
Yes
Zoned
Yes

Business Type

Other
Yes

Showing Requirements

Showing Service
Yes

Property Features

Business Type: Other Cooling: Electric; Heat Pump; Multi Units; Zoned Heating: Forced Air; Heat Pump; Natural Gas; Zoned Showing Requirements: Showing Service
Listing Office: Marshall Lane Real Estate
Last Updated: July - 10 - 2026
Information deemed reliable but not guaranteed.