1047 1049 Hwy 127, Frankfort, KY 40601

Listing Description

https://www.fordbrothersinc.com/auction/commercial-buildings--65---acres-at-absolute-liveonline-auction-76273/details An outstanding commercial investment opportunity awaits with this expansive property consisting of approximately 6.5 acres along the highly visible and high-traffic corridor of Hwy 127 in the heart of Frankfort, Kentucky. The offering features an impressive 80,000 square foot main building accompanied by an additional office complex divided into five separate units—ideal for multiple tenants or a range of business applications. With ample parking and accessibility, this property is poised for redevelopment or continued commercial use. This is a rare chance to acquire a large commercial footprint in one of Frankfort's most strategic locations. Whether you're an investor looking to expand your portfolio, a developer seeking your next major project, or an entrepreneur with a vision for something new, this property delivers the flexibility, scale, and location to bring your plans to life. The possibilities are endless—office complex, business hub, storage and warehousing, or future development. Opportunities like this don't come along often.. There will be a 10% Auction Premium added to the winning bid. The sum of the winning bid plus the Auction Premium will be the sales price. Example: Bid Price $100,000 plus $10,000 (10% buyer's Fee) equals purchase price of $110,000. REAL ESTATE TERMS: 10% of the total sale price down as a non refundable earnest money in the form of a certified check, cash or wire transfer on the day of the auction or within 48 hours of the close of auction if you are an online bidder. We do not accept a credit card for down payment. The balance of purchase price is due at closing, said closing to be within 45 days of close of bidding. Purchaser shall be responsible for all wire transfer fees. Closing will be as specified in the Contract for Sale of Real Estate. All real estate taxes will be prorated for 2025. The purchaser will pay all other closing costs associated with the purchaser's side of the sale, including local and state recording fees and any cost associated with the purchaser's loan. The seller will pay for deed preparation and deed tax. All property is sold in "AS IS" and "WHERE IS" condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, etc, will be allowed. Property is available for inspection at specified times and it is the bidder's responsibility to determine condition. Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, chargeback, etc. All description information has been gathered from sources which we believe to be reliable but is not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. Auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. SERVER & SOFTWARE TECHNICAL ISSUES: In the event, there are technical difficulties related to the server, software or any other online auction-related technologies, Ford Brothers, Inc. reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor FORD BROTHERS, INC. SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Ford Brothers, Inc. Any dispute between Ford Brothers, Inc, its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in LOCATION County, Kentucky. By bidding on the property, the buyer agrees to all terms and conditions set forth. Agency: Ford Brothers, Inc.' Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to