For Sale
$979,000

115 Main StCorbin, KY 40701

Historic Downtown Commercial Gem, Multiple Income Streams

Overview

Added:
Feb 3
Days on market:
63
This exceptional opportunity presents the chance to acquire the renowned Moonbow Building, a historic landmark in vibrant downtown Corbin, KY. This 11,450 square foot property sits on a 0.14-acre lot and is offered at $979,000. Currently generating consistent income from fully leased spaces, this investment boasts multiple revenue streams. The building features a recently installed (3-year-old) solar panel array valued at $50,000, significantly reducing utility costs, which range from $200 to $1,200 monthly (included in tenant rent). A modern HVAC system and dedicated mechanical room ensure efficient and comfortable operation. The first floor comprises approximately 5,000 square feet of adaptable commercial space, perfect for retail, events, or various business uses. This flexible layout includes two open mezzanines, ADA-compliant restrooms, a full kitchen, and substantial storage. The building's prime downtown location guarantees exceptional visibility and accessibility. This is a rare chance to own a piece of Corbin's history and secure a profitable, low-maintenance investment property with significant upside potential. The open layout of the first floor allows for a variety of uses, making it an attractive option for a wide range of businesses. The building's features, including the solar panels and modern HVAC system, contribute to its efficiency and appeal.

Property Details for 115 Main St

Property type
Square Feet
11,450 SF
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Corbin
County
Whitley
State
Kentucky
Latitude
36.94659
Longitude
-84.09596
115 Main St, Corbin, Kentucky

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115 Main St
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