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$ 865,000
Price Dropped by $134K
500 S Main Street Corbin, KY 40701
10,392 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,392 sqft
Price per Sqft $83
Subdivision City Limits
MLS Listing ID 25506636
Lot Size 10,410 Sqft
Acres 0.24
Property Sub-Type Mixed Use
Property Description
Discover the historic Pennington in downtown Corbin — an exceptional, turnkey property offering over 10,000 sq. ft. of space and extensive possibilities. Fully renovated approximately five years ago, this landmark building blends historic character with modern updates. The property features two separate entrances, one for the upper level and one for the lower level, providing flexibility for multiple uses. A structural engineer has evaluated the building and confirmed it is structurally sound for apartment development on the upper floor, making this property ideal for commercial, mixed-use, or investment purposes. With its prime location and generous square footage, this property is well-suited for residential units, retail, office space, a gym or workout facility, or a potential life center for a church with ample room for banquets or events. The Pennington offers a rare opportunity to own a historic, high-visibility building in the heart of Corbin's growing downtown district.
Location
State KY
County Whitley
Interior
Heating Forced Air, Heat Pump, Natural Gas
Cooling Central Air, Electric, Multi Units
Exterior
Parking Features Off Site, Open, Paved, Other
Utilities Available Electricity Available, Natural Gas Not Available, Sewer Available, Water Available
View Y/N N
Roof Type Membrane,Rubber,Other
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
Listed by Sester & Co Realty
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