- For Sale $1,500,000
- Property Type Office - Medical Office
- Property Size 10,062 SF
- Lot Size 1.15 Acre
- Cap Rate % 7.89
- Zoning COMMERCIAL
- # of Floors 1
- Parking Spaces Avail. 47
- Parking Ratio 4.67 / 1,000 SF
- Building Class C
- Year Built 2003
- Date Updated Sep 10, 2025
This exceptional 10,062 square foot free-standing medical office building, built in 2003, is situated on 1.09 acres in the prestigious Diagnostic Office Park, just behind Frankfort Regional Medical Center. Offering a prime location within Frankfort’s medical corridor, this property presents an outstanding opportunity for investors seeking a fully leased, income-generating asset.
The building is currently divided into two suites, both occupied by long-term medical tenants. Suite A encompasses approximately 5,610 square feet and is leased to Kentucky One Health through June 4, 2028. This space features a spacious lobby and reception area with a service counter, an open physical therapy room, a procedure room with an office, six exam rooms with plumbing, five private offices, and an executive suite with a private restroom. Additional amenities include three private restrooms, a break room, kitchenette, and an IT/phone closet.
Suite B measures 4,452 square feet and is leased to Commonwealth Specialists of Kentucky through February 28, 2030. This suite includes a large lobby and waiting area, a nurses station, 11 exam rooms with sinks, six private offices, a lab area, two private restrooms, and access to common area restrooms.
Offered at $1,500,000, this property is a turnkey investment with stable rental income and minimal immediate capital needs. Located in a high-demand medical setting, 624 Chamberlin Drive represents a rare opportunity to acquire a premium healthcare asset in Central Kentucky.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
17/100 Car-Dependent
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Bike Score ®
27/100 Somewhat Bikeable
- City Frankfort, KY
- Zip Code 40601
- Market Lexington
Points of Interest
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Marathon
1.08 miles
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Kroger
1.14 miles
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Speedway
1.15 miles
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BP
1.70 miles
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Valero
4.15 miles
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Sunoco
5.25 miles
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KYTC Empl Ent West
3.78 miles
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School Bus Parking
9.38 miles
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Hampton
1.06 miles
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Holiday Inn Express
1.23 miles
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Capital Plaza Hotel
3.66 miles
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Home2 Suites by Hilton Frankfort
5.58 miles
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Fairfield Inn & Suites
5.82 miles
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Best Western
5.84 miles
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Frisch's
1.05 miles
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Chick-fil-A
1.07 miles
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Wendy's
1.08 miles
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Steak 'n Shake
1.08 miles
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Taco Bell
1.09 miles
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Fazoli's
1.10 miles
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Hardee's
1.12 miles
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Applebee's
1.13 miles
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Johnny Carino's
1.20 miles
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Bojangles'
1.20 miles
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Collins Lane Elementary School
2.05 miles
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Stewart Home & School
2.23 miles
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Capital Day School
2.25 miles
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Second Street School
3.17 miles
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Holmes Saint School
3.95 miles
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Frankfort State School
4.35 miles
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Kentucky State University
4.41 miles
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Thorn Hill School
4.82 miles
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Millville School
5.49 miles
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Good Shepherd Church School
5.84 miles
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The Capital Academy
3.27 miles
Frequently Asked Questions
The space currently listed for sale at 624 Chamberlin Avenue asks for $1,500,000.
624 Chamberlin Avenue totals 10,062 square feet.
624 Chamberlin Avenue was built in 2003.
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The Gibson Company