500 Main StCorbin, KY 40701

  • Commercial real estate
  • 5,096 SF
For Sale
$999,900 View listing

Property Details for 500 Main St

Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size (Sq ft)
5,096 SF
Zone code
COMMERCIAL
Property type
Commercial real estate
APN
137-41-22-003.00
APU
137412200300

Description

This exceptional, newly renovated 10,392 sq ft property at 500 S Main Street, Corbin, KY, presents a unique turn-key business opportunity. Located in the heart of downtown, this two-level venue is perfectly suited for a variety of events, offering the potential for simultaneous bookings due to its separate entrances and spaces. The upper level boasts an industrial aesthetic, complete with a kitchen, while the lower level features abundant natural light, creating a bright and airy atmosphere, and includes a kitchen bar area. The property is fully equipped for immediate operation, including tables, chairs, linens, and an established website. Recent significant upgrades ensure seamless functionality and include a new roof, updated electrical and HVAC systems, new plumbing, and two tankless hot water heaters. Both levels feature his and hers bathrooms, adding to the convenience and comfort for guests. A dedicated bridal suite, with vintage decor, provides a perfect space for wedding preparations. The 0.24-acre lot provides ample space for outdoor events or expansion. This property offers a rare blend of historical charm and modern functionality, making it an ideal investment for an established or aspiring entrepreneur in the event rental industry. The potential for alternative uses, such as a high-end restaurant or large office space, also exists, offering significant flexibility for the future.

Location Insight

City
Corbin
County
Whitley
State
Kentucky
Latitude
36.9442
Longitude
-84.0958
CBSA code
30940
CBSA name
LONDON, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,612
-
-
$775,000
-
-
-
$775,000

FAQs

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