For Sale
$485,000

506 Laurel Rd London, KY 40741

10,300 SF Multi-Use Building, .96 Acres

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial property, located at 506 E Laurel Road in London, KY, presents a unique investment opportunity. Situated just two-tenths of a mile from KY Hwy 192 on Hwy East 80, this 10,300 square foot building sits on a spacious 0.96-acre lot and is currently utilized as an automotive sales and powersports dealership, along with an eBay storefront. The building boasts a range of features ideal for diverse commercial uses. The interior includes electric air conditioning, gas heating, and city sewer connections. A comprehensive monitored security system ensures peace of mind, and the property is fully accessible for individuals with disabilities. A large loading dock facilitates efficient operations, complemented by a 50' x 6.5' sidewalk. Two bathrooms and a kitchen area add to the property's functionality. The well-designed floor plan includes a large front showroom (3610 SF), a second front showroom (2400 SF), a front garage with a 10' x 12' garage door (1824 SF), a front shop with loading ramp (442 SF), a rear shop with a 10' x 8' sliding door (1020 SF), a rear right shop/garage with 12' x 10' sliding doors (900 SF), and a left rear shop (485 SF). A significant added benefit is the availability of over $400,000 worth of new old stock (NOS) automotive and tractor parts, and other automotive equipment, offered at a heavily discounted price to the buyer. This versatile property offers substantial potential for a variety of commercial ventures. The asking price is $485,000.

Property Details for 506 Laurel Rd

Property type
Commercial real estate
Square Feet
10,300 SF
Year Built
1980
Lot Size (sq. ft)
41,818 SF

Location Insight

City
London
County
Laurel
State
Kentucky
Latitude
37.11737
Longitude
-84.04428

FAQs

What type of property is this?
Commercial real estate - 10,300 SF Multi-Use Building, .96 Acres
Where is the commercial real estate located?
The property is located at 506 Laurel Rd London, KY.
What is the asking price?
The asking price for this property is $485,000.
How can I contact the broker?
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506 Laurel Rd
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