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(SOLD) $545,000

1100 S Main Street Corbin, KY  40701

Property Description
Fantastic opportunity for investors &/or owner-occupiers. Freestanding commercial building, less than 2yrs old. Houses 2 retail business units w/ paved parking. 1st unit, currently vacant, includes a fully equipped restaurant. Featuring 2 Drive-Thru windows, dine-in area & patio seating. Includes almost $100k in equipment, furniture & fixtures. 2nd unit currently occupied by The Tobacco Barn Convenience Store (Inventory NOT included). A buyer may take over business for no additional cost other than inventory. Seller also owns business & can negotiate renting or will move. Wall separating units is non-load bearing & could be removed to make one large unit. A buyer could occupy one unit & lease the other. Excellent visibility being well positioned at the entrance of bustling downtown Corbin & comprises almost the entire block. The combination of a busy downtown neighborhood makes this an excellent spot for a restaurant/bar, retail, medical or office space. Call for more information.
Address:1100 S Main Street Corbin KY 40701
Status:Sold
Sold On: 12/31/2020
Price:$695,000
Bathrooms:0
Year Built:2018
Lot Size:0.87
County: Whitley
MLS #:20011206

Lot Dimensions:37897.23
Directions:From Corbin exit 25: Go east (toward Hospital) on US-25W/Cumberland Falls Hwy. Drive approx. 2.8mi. Turn LEFT onto Main St. Go approx. 0.4mi. Destination is on the LEFT at the entrance of downtown & the exit of Kentucky Ave.
Abv. Grnd. Sq. Ft. :3,800
Loan Price
$3,070
Price And Interest $2,843/month
Property Tax $0/month
MTG INS $0/month
HOME INS $227/month
Price
$545,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,724 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Mandatory HOA Fee:$
Area: 068 - Whitley County
City:Corbin
Subdivision: City Limits
Zip Code:40701

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Listing provided courtesy of Tonya Freeman with RE/MAX On Main, Inc

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.