Property Description

Exceptional commercial/residential opportunity situated on 2 acres featuring a 40x104 heated and air-conditioned building with attached apartment. Formerly home to the well-known Frankos Restaurant and Dance Hall. This versatile property offers unlimited potential for business, recreation, or personal use. The expansive open space is ideal for a restaurant, event venue, workshop, retail operation, hobby enthusiast, car collection, or small business headquarters. The attached apartment provides convenient on-site living quarters, office space, or rental income potential. Excellent setup for anyone looking for a unique property with character, flexibility, and room to grow!

8175 Highway 355 | MLS# 642564

This single family home located at 8175 Highway 355, Owenton, KY 40359 is currently listed for sale with an asking price of $190,000. This property was built in 1985 and has 3 bedrooms and 1 full baths. Highway 355 is located within the Owen Co Public school district. Search Owenton real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Cooling: Central Air

Days on Market: 20

Heating: Propane

Home Style: Barndominium

Lot Size: 2.41 Acres

Roof Type: Metal

Stories: 2.0

Year Built: 1985

Feature Descriptions

Accessibility: Accessible Doors

Appliances: Gas Cooktop, Gas Range, Refrigerator

Exterior: Concrete

Foundation: Slab

Interior: Open Floorplan, Ceiling Fan(s)

Lot: Cleared, Level

Lot Dimensions: 2 Acres

Parcel Number: 019-00-00-009.04

Parking: Driveway, Garage, Heated Garage

Patio/Porch: Covered

Property Condition: Existing Structure

Road Frontage: State Road

Rooms Total: 8

Sewer: Septic Tank

Special View Info: Trees/Woods

Sub Type: Single Family Residence

Water: Public

Window: Double Hung

Room Sizes

Primary Bedroom: 0 X 0 Level - Second

Bedroom 2: 0 X 0 Level - Second

Bedroom 3: 0 X 0 Level - Second

Primary Bath: 0 X 0 Level - Second

Office: 0 X 0 Level - First

Family Room: 0 X 0 Level - Second

Kitchen: 0 X 0 Level - First

Workshop: 0 X 0 Level - First

Local Schools

High School: Owen County High

Middle School: Maurice Bowling Middle School

Elementary School: Owen County Elementary

School District: Owen Co Public

Market Trends

Owen County Residential Market Trend Graphs

Zip Code 40359

Source: Delta Media Group, Inc.

Demographics

Owen County Demographic Information for 8175 Highway 355, Owenton, KY 40359

Fips

Fips Code 21187

Population

2020 to 2025 Change up 3.0%

2010 Count 10,841

2020 Count 11,278

2025 Estimate (V2025) 11,601

2020 Estimate (V2025) 11,267

Age Distribution (Years Old)

0 to 4 5.0%

5 to 17 24.4%

18 to 64 53.2%

65 and Older 17.4%

Gender

Male 51.4%

Female 48.6%

Place of Birth

Foreign 1.5%

US 98.5%

Education

High School Graduate, Age 25+ 86.5%

Bachelor's Degree or Higher, Age 25+ 18.3%

Computer and Internet use

Households with a computer 89.3%

Households with a broadband Internet subscription 80.4%

Language

English is Second Language, Age 5+ 3.2%

English is First Language, Age 5+ 96.8%

Veterans

Veterans 598

Income

Per Capita Income $30,369

Median Household Income $61,134

People in Poverty 13.9%

Commute

Average Work Commute Time 42 minutes

Housing

Total Housing Units 5,753

Households 4,252

Average Household Size 2.64

Owner-Occupied 88.0%

Multi-Family 6.6%

Owner-Occupied Median Value $168,700

Median selected monthly owner costs -with a mortgage $1,385

Median selected monthly owner costs -without a mortgage $434

Median gross rent $830

Building Permits

New Private Housing Issued 2024 18

Years at Residence

1 Year or More 90.4%

Less Than 1 Year 9.6%

Business and Employment

Private non-farm Establishments 133

Private non-farm Employment 969

Private non-farm Employment Growth down 3.7%

Nonemployer Establishments 843

Number of Firms 93

Business Production

Value of Shipments $0

Wholesale Trade $18,851,000

Retail Trade $63,588,000

Retail Sales Per Capita $0

Accommodation and Food Services $8,528,000

Land

Land Area 351.10 sq. miles

Population Per Square Mile 31

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,031.20 per month $975.79 Principal & Interest $0.00 Property Tax (data not provided by mls) $55.42 Homeowner's Insurance

Change Payment Information

Real estate agents ready to serve you | Browse homes and real estate for sale

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/26/2026. The listing information on this page last changed on 05/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 05/26/2026 12:01:07 AM EST) or Dayton MLS (last updated Mon 05/25/2026 11:46:41 PM EST) or CBRMLS (last updated Mon 05/25/2026 11:59:22 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Mon 05/25/2026 11:53:23 PM EST) or NKY MLS (last updated Mon 05/25/2026 11:28:21 PM EST) or Wrist MLS (last updated Mon 05/25/2026 11:24:19 PM EST) or Firelands MLS (last updated Mon 05/25/2026 11:11:26 PM EST) or MLS NOW (last updated Mon 05/25/2026 11:57:28 PM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The Cutler Real Estate® word mark is a registered trademark owned by Cutler and Associates, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility

Sitemap

8175 Highway 355Owenton, KY 40359