2400 Main StCorbin, KY 40701

  • Other commercial real estate
  • 11,000 SF
For Sale
$1,100,000 View listing

Property Details for 2400 Main St

Year built
2000
Construction
STEEL FRAME
Lot size
3.23 AC
Property size (Sq ft)
11,000 SF
Zone code
COMMERCIAL
Property type
Other commercial real estate
APN
138-00-00-001.07
APU
138000000107

Description

This exceptional commercial property, located at 2400 S Main Street in Corbin, KY, presents a unique investment opportunity. The property boasts a substantial 5,264 square feet of versatile space, strategically situated on a generous 1.1-acre lot directly on Main Street within city limits. The property includes a 9,945 square foot office building seamlessly connected to a 4,681 square foot warehouse. The warehouse features five garage bays, each equipped with 14-foot overhead garage doors, providing ample space for storage or operations. A separate electrical meter with three-phase electricity ensures efficient power management, complemented by two overhead gas heaters for climate control. Upstairs, the warehouse offers additional storage space, a convenient conference room, two full bathrooms, and washer/dryer hookups. The office area is equally impressive, featuring a welcoming reception area, a dedicated conference room, seven individual offices, a mop sink room, a technology/computer room, a fully equipped kitchen, and two multi-stall bathrooms. The property also includes a paved parking lot with over 40 spaces, enhancing convenience and accessibility. A comprehensive security system is in place for added peace of mind. This property is priced at $1,100,000 and offers a compelling blend of office and warehouse space, making it ideal for a variety of commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,160,213
    Hospitality
    $1,978,743
    Educational
    $1,646,291
    Medical
    $1,702,910
    Retail
    $2,560,897
2400 Main St, Corbin, Kentucky

Location Insight

City
Corbin
County
Whitley
State
Kentucky
Latitude
36.9248
Longitude
-84.0903
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
$1,439
-
-
$427,000
-
-
-
$427,000

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