511-513 Capital Avenue,Frankfort, KY 40601
Frankfort, KY 40601
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 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.
Details
| MLS # | 26017337 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 49 |
| Listing Provided By | Marshall Lane Real Estate | Mike Barnes |
Features
| SQ Feet | 4,255 |
|---|---|
| Acreage | 0.30 |
Interior
| Cooling | Electric, Heat Pump, Multi Units, Zoned |
|---|---|
| Heating | Forced Air, Heat Pump, Natural Gas, Zoned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Area Information
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| Community Name | South Frankfort |
| Listing VS Median (in South Frankfort) | |
Price: $878,000 low | high Med: $347,400 sqft: 4,255 low | high Med: 1,858 $ / sqft: $206 low | high Med: $188 On site: 49 low | high Med: 132 | |
Market Activity 40601
Request a showing
Request a showing
Contact
Learn More About This Property
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| Community Name | South Frankfort |
| Listing VS Median (in South Frankfort) | |
Price: $878,000 low | high Med: $347,400 sqft: 4,255 low | high Med: 1,858 $ / sqft: $206 low | high Med: $188 On site: 49 low | high Med: 132 | |
 |  |  |
© 2026 Coldwell Banker McMahan. All Rights Reserved. Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Coldwell Banker McMahan fully supports the principles of the Fair Housing Act and Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchises are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
