$750,000
Corbin, KY 40701
MLS# 22020256
Status: Closed
3150 sqft
1 / 29
Property Description
Amazing opportunity to invest in a commerical building and land within feet of the high traffic flow of Exit 25 off I-75. Within eyesight of Exit 25, this commerical property is in a prime location and has great potential to be used for many needs. This 3,150 square foot commercial building and 0.635 acres of land are only 5 minutes or 2.7 miles to the Corbin Bypass and the proposed new quarter horse race track, 'Cumberland Run Harness Track'. This prime location is within minutes of downtown, The Arena, the hospital, shopping, schools, and all on a major highway with plans to expand to accommodate the every increasing population and traffic flow through this growing city. Furthermore, it is situated only 1.5 hours from Lexington, KY and and 1.25 hours from Knoxville, TN. Do NOT miss this opportunity to invest in this commerical property in a highly sought after location.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Business
Status Change Information
Status Change Timestamp: 2024-11-07
Purchase Contract Date: 2024-08-28
Close Date: 2024-11-07
Close Price: 750000
Buyer Financing: Cash
Sale Type: Arms Length Sale
Address
County: Whitley
Street Number: 2595
Street Name: Cumberland Falls
Street Suffix: Highway
State: KY
Zip Code: 40701
Parcel Number: 120-00-00-090.00
Contract
Current Price: $750,000
Original List Price: 1000000
Status: Closed
Start Showing Date: 2022-09-10
Listing Contract Date: 2022-09-09
Sold Price: $750,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 317.46
Sold Price/SqFt: 238.1
SP/LP: 0.75
Interior
Living Area: 3150
Building Area Total: 3150
Building
Year Built: 2002
Stories Total: 1
Lot
Lot Size Acres: 0.635
Lot Size Square Feet: 27656
Remarks
Public Remarks: Amazing opportunity to invest in a commerical building and land within feet of the high traffic flow of Exit 25 off I-75. Within eyesight of Exit 25, this commerical property is in a prime location and has great potential to be used for many needs. This 3,150 square foot commercial building and 0.635 acres of land are only 5 minutes or 2.7 miles to the Corbin Bypass and the proposed new quarter horse race track, 'Cumberland Run Harness Track'. This prime location is within minutes of downtown, The Arena, the hospital, shopping, schools, and all on a major highway with plans to expand to accommodate the every increasing population and traffic flow through this growing city. Furthermore, it is situated only 1.5 hours from Lexington, KY and and 1.25 hours from Knoxville, TN. Do NOT miss this opportunity to invest in this commerical property in a highly sought after location.
Showing Information
Showing Instructions: Call listing agent, schedule through Showing Time, listing agent will be present at all showings
Tax Legal
MLS Area Major: 068 - Whitley County
Subdivision Name: Commercial
Property Features
Utilities: Electricity Available; Sewer Available; Water Available; Electricity Available; Sewer Available; Water Available
Business Type: Commercial; Retail
Ceiling: Open
Construction Materials: Block; Concrete
Possession: Close Of Escrow
Roof: Shingle
Sale Includes: Building(s); Land
Sewer: Public Sewer
Listing Office: CENTURY 21 Advantage Realty
Last Updated: October - 20 - 2026
Information deemed reliable but not guaranteed.