Mason & Hoge Building 245 Main St

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.
(OVERVIEW) Stabilized, Class A Asset | CB Zoning | Corner Lot | High Visibility | 8,898 Gross SQFT: 8,088 FIN + 810 UF | Central Elevator + Stairwell
(UNITS)
1 Commercial Tenant (4.8-star Google Rating) + 3 Short-Term Suites (Sleeps 18 - 12 BRs, 17 Beds, 11.5 BAs) + Unfinished Basement
:: $175,000 +/- furnishings for turn-key approach
:: $112k of confirmed future bookings (as of Sept 1st)
*Seller is interested in doing a lease-back on the unfinished basement.
(FRANKFORT)
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: (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.
(UPGRADES)
Enjoy low future CapEx due to the extensive list of upgrades:
:: 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
:: Monogram Series Appliances
:: New Tile + Glass Surrounds + Bath Vanities
:: Custom Millwork & Trim Carpentry
:: 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 thanks to 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).