$900,000
London, KY 40741
MLS# 25502860
13056 sqft
1 / 98
Property Description
PRIME COMMERCIAL SPACE! While one of the buildings has already been sold, the second building is still available! Now, it's your turn to take advantage of the area's growing community and the rare opportunity to own a piece of local history to grow or start your new business in the heart of downtown London. Unlock endless possibilities with versatile spaces designed for office, medical, or creative ventures--perfect for universities to offer satellite/regional campus sites. Or launch a small business, establish a health club, or create a vibrant dance/art studio. A well-known, prestigious landmark, formally known as the library and student center of Sue Bennett College, is the prime spot to offer high visibility and easy access to major transportation routes. Well-maintained, ready to occupy, and the ability to modify according to your needs, the ''old library'', currently being used as a counseling/recovery center, is 13,056 sq ft and includes 9 office spaces, 4 conference rooms, 2 classrooms, fully equipped kitchen, lounge area, 4 restrooms, and storage area. The property includes a parking lot behind the building serving approximately 20-35 spaces, 2 vacant lots, one adjacent to the building and one with 450 ft of road frontage on 5th Steet for other business possibilities. The current zoning of C3 would allow a multitude of business opportunities designed to meet the daily needs of London and Laurel County residents. The city's ongoing development plans and supportive business environment ensure that your investment here will thrive along with the growing local economy. Seize the opportunity to position your business in a locale that offers both prestige and practicality. The building or vacant lots could be sold separately, if interested.
Details
Listing Information
Comp Sale YN: No
Property Sub Type: Mixed Use
Status Change Information
Price Change Timestamp: 2026-04-23T00:09:05Z
Status Change Timestamp: 2026-10-01
Back on Market Date: 2026-10-01
Address
County: Laurel
Street Number: 60
Street Name: Bennett
Street Suffix: Circle
State: KY
Zip Code: 40741
Parcel Number: 062-70-00-006.00
Contract
Current Price: $900,000
Original List Price: 1425000
Status: Active
Start Showing Date: 2025-10-03
Listing Contract Date: 2025-10-03
List Price: $900,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 68.93
Interior
Living Area Units: Square Feet
Building Area Total: 13056
Building Area Source: Estimated
Building Area Units: Square Feet
Parking Information
Parking Total: 35
Building
Basement YN: Yes
Year Built: 1964
Stories Total: 2
Accessibility Features YN: Yes
Lot
Lot Size Acres: 2
Lot Size Square Feet: 87120
Utilities
Cooling YN: Yes
Heating YN: Yes
Remarks
Public Remarks: PRIME COMMERCIAL SPACE! While one of the buildings has already been sold, the second building is still available! Now, it's your turn to take advantage of the area's growing community and the rare opportunity to own a piece of local history to grow or start your new business in the heart of downtown London. Unlock endless possibilities with versatile spaces designed for office, medical, or creative ventures--perfect for universities to offer satellite/regional campus sites. Or launch a small business, establish a health club, or create a vibrant dance/art studio. A well-known, prestigious landmark, formally known as the library and student center of Sue Bennett College, is the prime spot to offer high visibility and easy access to major transportation routes. Well-maintained, ready to occupy, and the ability to modify according to your needs, the ''old library'', currently being used as a counseling/recovery center, is 13,056 sq ft and includes 9 office spaces, 4 conference rooms, 2 classrooms, fully equipped kitchen, lounge area, 4 restrooms, and storage area. The property includes a parking lot behind the building serving approximately 20-35 spaces, 2 vacant lots, one adjacent to the building and one with 450 ft of road frontage on 5th Steet for other business possibilities. The current zoning of C3 would allow a multitude of business opportunities designed to meet the daily needs of London and Laurel County residents. The city's ongoing development plans and supportive business environment ensure that your investment here will thrive along with the growing local economy. Seize the opportunity to position your business in a locale that offers both prestige and practicality. The building or vacant lots could be sold separately, if interested.
Building and Property Details
Furniture, Fixtures & Equipment YN: Yes
Building Expansion Potential YN: Yes
# of Men's Restrooms: 2
# of Women's Restrooms: 2
Usable SqFt: 13056
Showing Information
Showing Instructions: Schedule through ShowingTime
Tax Legal
MLS Area Major: 044 - Laurel County
Subdivision Name: City Limits
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Basement: Concrete; Finished; Full; Walk-Out Access; Walk-Up Access
Building Features: Concrete Floor; Kitchen Facilities; Tile/Brick Floor
Business Type: Commercial; Mixed; Professional Service; Professional/Office; Other
Ceiling: Dropped
Construction Materials: Block; Brick; Concrete
Cooling: Electric; Heat Pump
Docks: None
Existing Lease Type: None
Heating: Heat Pump; Natural Gas
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: On Site; Paved
Possession: Negotiable
Roof: Composition
Sale Includes: Building(s); Easements; Fixtures; Land
Sewer: Public Sewer
Water Heater: Electric
Showing Requirements: Restricted Hours
Listing Office: CENTURY 21 Advantage Realty
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.