Welcome to the epicenter of Bourbon Country! Situated minutes from World-Renowned distilleries, this Boutique Short-term Rental + Bourbon Bar has quickly become a thriving and trustworthy destination for Distillery-Tour Groups, Bourbon Lovers and Thoroughbred Enthusiasts from across the USA. Most recognizable as the ''Mason & Hoge'' Building, this memorable landmark of the Central Business Historic District easily justifies why its facade is featured on the front of the State Capital's tourism guide: ''Visit Frankfort''.
A remarkable 3-yr, multi-million dollar restoration project was completed in 2023 that exudes the perfect harmony of a modern, luxurious grandeur with a quirky twist. The layout offers versatile booking flexibility (up to 28 guests) which has helped it garner high-dollar bookings that continue to increase - additional income growth opportunities exist as well.
**HIGHLIGHTS**
:: Stabilized, Class A Asset
:: Historic District | Corner Lot | High Visibility
:: 8,898 Gross SQFT: 8,088 FIN + 810 UF
:: Central Elevator + Stairwell
1 Long-Term Tenant
:: Bourbon Bar leased til Aug '28
:: 4.8-star Google Rating
3 Short-Term Suites (12 BRs, 17 Beds, 11.5 BAs)
:: 6 Bed + 5 Bath (sleeps 16)
:: 5 Bed + 5 Bath (sleeps 10)
:: 1 Bed + 1.5 Baths (sleeps 2)
:: 3 Full Kitchens + 3 Laundry Hookups
:: $175,000 +/- furnishings for turn-key approach
:: $112,000 +/- confirmed future bookings
**CITY**
The city is undergoing a rebirth known as the "Downtown Frankfort Revitalization Project" - a master plan near the riverfront consisting of outdoor retail, restaurants and office to further capitalize on the exploding bourbon industry and tourism within the Louisville/Bardstown/Frankfort triangle.
**PROXIMITY**
Situated along the Bourbon Trail, guests can easily walk/shuttle to flagship distilleries:
Distilleries < 10 mins:
:: Buffalo Trace (1.6 mi)
:: J. Mattingly 1845
:: Glenns Creek
:: Old Crow
< 20 mins:
:: Castle & Key
:: Whiskey Thief
:: Woodford Reserve
< 30 mins:
:: Wild Turkey
:: Four Roses
:: Bulleit
:: Jeptha Creed
Major Cities: Louisville, Lexington & Cincinnati
Keeneland (30m) + Churchill Down (50m)
Lexington Blue Grass Airport LEX (30m)
Louisville Inter'l Airport SDF (60m)
Cincinnati International Airport CVG (80m)
**UPDATES**
Enjoy low future CapEx due to the extensive list of upgrades following redevelopment down to the original foundation/shell.
Interior:
:: New Electric (wiring/panels/service/fixtures)
:: New Plumbing (PVC/pex, fixtures, W/D, tankless WH)
:: New Steel Framing, Double-Drywall, Insulation, Doors
:: New Paint + Wallpaper
:: New Elevator + Block Shaft + Voice/Data system
:: New Gyp-Crete between levels (sound & fire retardant)
:: New Eng. Hardwood + Sound-Damping Underlay
:: New HVAC: Units, Spiral Duct, Thermostats
:: New In-Unit Speaker Systems
:: New Cabinets, Cambria Quartz Countertops
:: GE Cafe Series Appliances
:: New Tile + Glass Surrounds + Bath Vanities
:: Custom Millwork & Trim Carpentry
Exterior:
:: Restored Front Facade w/ Mahogany Doors
:: New Aluminum Clad Windows
:: New Roofing + Gutters (TPO roofing)
:: New Exterior Paint & Doors
:: Foundations Reinforced + Metal I-Beam Joists (1st Fl)
:: Commercial Space Buildout: Bar + Bar Equipment
Utilities:
:: Low utilities - energy efficient fixtures
:: Gas, Electric + Water/Sewer separately metered (4)
:: Tankless Gas Water Heaters (2nd & 3rd Fl)
**HISTORY**
Built in 1888, the Mason & Hoge building has its ties to two prominent business and construction leaders at the time: C.R. Mason and S. French Hoge. Today, known as Mason & Hanger, it is the oldest American Architectural Engineering firm and has been renowned for its work on the Virginia Railroad, the Chicago River Reversal, the Kentucky River Lock & Dam, the New York Lincoln Tunnel, and the Nevada Nuclear Weapons Test Site (to name a few).
Sold
$2,650,000
245 W Main St, Frankfort, KY 40601
12beds
14baths
8,088sqft
Quadruplex, High Rise
Built in 1888
-- sqft lot
$2,711,300 Zestimate®
$328/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 01:21pm
Listed by:
Sean S Williams,
RE/MAX Premier Properties,
HundleyWilliams Team
Bought with:
Toni R Boer, 267827
Semonin REALTORS
Source: GLARMLS,MLS#: 1662553

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 14
Heating
- Forced Air, Natural Gas, Heat Pump
Cooling
- Heat Pump, Central Air
Features
- Has basement: Yes
Interior area
- Total structure area: 8,088
- Total interior livable area: 8,088 sqft
- Finished area above ground: 8,088
- Finished area below ground: 0
Property
Features
- Exterior features: See Remarks
Lot
- Size: 3,484 sqft
- Features: Corner Lot, Sidewalk
Details
- Parcel number: 0612414010.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, High Rise
- Attached to another structure: Yes
Materials
- Block, Stone
- Roof: Membrane
Condition
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Frankfort
- Subdivision: None
HOA & financial
HOA
- Has HOA: No