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Bank Owned Premier Office Income Producing
Listing ID#: 825792
| Sale Location |
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Frankfort, KY 40601 |
| Sale Dates and Times |
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Bidding Starts: Tuesday Nov 18, 9:00 AM Bidding Ends: Tuesday Nov 18, 3:00 PM |
| Sale Type |
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 Online Auction
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| Company Information |
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Tranzon Asset Advisors Contact: Edward Durnil Phone: 270-769-0284 Email: tgreenwell@tranzon.com Website: www.tranzon.com EstateSale.com ID#: 9317 View company information and listings |
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| Listing Terms and Conditions |
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10% Buyers Premium and other terms apply.
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| Listing Information |
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Two-Story Building with 12,000 +/- SF (6,000 SF Floor Plate) Gross Annual Income: $102,715 –Tenant Pays 1st Floor Utilities 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 Zoned CB (Central Business District) – Vast Array of Allowable Uses Fully Sprinklered throughout the building 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.
Posted Price is not relevant. PRICE WILL BE DETERMINED AT AUCTION.
Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer #259408/Broker #P187998
10% Buyers Premium based on high bid and other terms apply. Online bidding ends November 18th at 3:00pm ET. Inspection: November 10th at 12:00pm ET and November 14th at 12:00pm ET. Property Address: 201-205 West Main Street Frankfort, KY 40601 Contact Jordan Conlee at 888-791-7307 ext 809 or jconlee@tranzon.com |
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