| Property Type: |
Flex |
Status: |
Existing |
| Total Square Feet: |
16,240 sf |
Building Square Feet: |
16,240 sf |
| Available Square Feet: |
16,240 sf |
Site Size: |
2.1 Acres |
| Year Built: |
1995 |
Stories: |
2 |
| Sale Or Lease: |
Sale |
Zoning: |
B-3 |
| Clear Height: |
16 ft |
Construction: |
Reinforced Concrete |
| Roof Type/Age: |
New Roof 2010 |
Power: |
3-Phase |
| Dock Doors: |
2 |
HVAC-Heating/Cooling: |
6 Central HVACs |
| HVAC-Warehouse Heating/Cooling: |
yes |
Other: |
This location has been approved for annexing into the city. Can be accomplished simply upon request. |
| Sale Price: |
$495,000 |
| Property Description: |
| This diverse, clean and well-maintained building is open to many possible uses. The building consists of 16,240 square feet and sits on 2.1 +/- acres. The South side of the property is set up for receipt of freight with double dock height doors and opens into a warehouse area of approximately 4,000 square feet with 16-foot ceilings, adjoined by 10,545 square feet of potential office space on the first floor, and 5,695 square feet on the second floor, much of which overlooks the warehouse space. The lower floors are constructed of reinforced concrete. On the North side of the building are 10 storage bays with 10' x 12' doors with 8' ceilings. The approximate size of each unit is approximately 312 square feet (12' x 26'). The current owner operates multiple businesses out of the building. Previous include flea market, garage door manufacturer, bingo hall, and recreation center. It is currently wired for closed circuit TV and PA sound system with independent controls throughout. The building currently has single-phase electric service with easy access to 3-phase on property perimeter. There are 6 central HVAC systems, 6 bathrooms, 3 kitchens, one of which is set up for commercial use. Owners currently live in furnished apartment within the premises, and also lease an additional apartment within the premises, all of which will vacate upon sale. |
| Location Description: |
| Conveniently located in Southeast Kentucky half way between Lexington, KY and North of Knoxville, TN. Located 7/10ths of a mile West of I-75 off of Exit 25 on 25W South. Currently the property is surrounded by a number of medical-related businesses including West Moonbow Plaza, which houses Heart Specialists of Southeastern Kentucky, and Corbin Cardiology & Internal Medicine. The Corbin Civic Center is also nearby, home to numerous banquets, concerts, corporate and private functions with a capacity of 1,000 guests. Within a two-mile radius are the Baptist Hospital, Corbin Technology Center, KY Off-Track Betting, and multiple motels, restaurants, bingo halls, banks, and gas stations. Nearby is the Corbin Industrial Park and EKU ext. Tourist attractions include Daniel Boone State Park, Cumberland Falls, University of the Cumberland's, Hal Rogers Splash Water Park, and marina and boat ramps for area Laurel and Cumberland Lakes. South Corbin is experiencing significant commercial growth with future economic growth due to its proximity to I-75 and nearby tourist attractions. The traffic count in 2007 was approximately 22,000 vehicles per day. The tri-county area population is approximately 128,000 with forecasted 10% increase by 2015. |
For More Information Contact:
Gregory Leveridge,
Haymaker/Bean Commercial Real Estate
3120 Wall St, Suite 300
Lexington, KY 40513
Phone: 859.685.3020
Peter D Barr, CCIM
Haymaker/Bean Commercial Real Estate
3120 Wall St, Suite 300
Lexington, KY 40513
Phone: 859.685.3039
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