$725,000

519 Ann Street

Frankfort KY, 40601

Description

Incredibly rare opportunity to own a working Bed&Breakfast, The Meeting House, that operates out of a pre-Civil War home built 1837 located downtown Frankfort. Walking distance to parks, restaurants, government offices and the State Capitol! Just a short drive to Buffalo Trace Distillery to start a Bourbon Trail expedition. 20 minutes to Keeneland/Lexington Airport and 40 minutes to Louisville airport and Churchhill Downs! B&B has 4 guest rooms, owners quarter, 2 dining rooms & library. Well known regionally, Meeting House hosts many lunch/dinner/holiday/work parties too. This B&B also offers a Cafe with indoor seating & outdoor patio complemented by a gift shop as another business opportunity(cafe/gift shop currently not in operation but fully equipped ready to go). Speaking of income producing options, this property also has 3 duplexes offering six 1-bed separate rental units. Turn-key operation for additional $75,000.00.

Details

MLS#1905405
StyleHouse
Sub-TypeResale
StatusActive
Year1837
Days On Site261

Features

Bed(s)5
Bath(s) 5 Full, 1 Half
SQ Feet7,227
Story(s)2 Story
Acreage0.46

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Area Information

StateKY
CountyFranklin
CityFrankfort
Zip Code40601
AreaFranklin County
School DistrictFranklin County
Elementary SchoolSecond St
Middle SchoolSecond St Middle
High SchoolFrankfort
Listing VS Median (in 40601)
Price:
$725,000
low | high
Med:
$187,500
100% of Average
SqFt:
7,227
low | high
Med:
1,837
100% of Average
$ / SqFt:
$100
low | high
Med:
$102
48.25521371051% of Average
On Site:
261
low | high
Med:
9
100% of Average
Listing Updated: 12/12/2019
MLS Number: 1905405
Listing Provided By:
Michael Prather  of  Keller Williams Greater Lexington