A special opportunity to own this historic landmark, once the private home of Colonel E.H. Taylor Jr. (hailed as the father of modern bourbon) is situated perfectly to be welcoming retreat for visitors coming from near and far or converted to a stunning private home or several specious apartments. Current owner has completed initial architectural and construction studies, as well as obtained approvals from the City of Frankfort to convert the building to a boutique hotel and restaurant. Located in the newly-designated downtown entertainment zone. The property's historic distinction give potential for historic preservation tax credits. The investment opportunity is further enhanced by the property's fortuitous location in a Federal Opportunity Zone, protecting investment dollars from capital gains taxes.

The manager has listed the unit size as 8703 square feet.