Skip To Content

1311 N 25th Street

Middlesboro, KY 40965
  • $1,200,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 22001654
UPDATED: 70 min ago
$1,200,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $231
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Description

INVESTOR ALERT! Location, Location, Location, Location, Location! 10,000 sf of residential and commercial rental space located on the heavily traveled North 25th St in Middlesboro, KY. This 2 story building sits on 1.3 acres and has a 48+ year revenue history. The 1st floor has 5,000 sf of commercial space. 3,500 sf is currently leased and being utilized as a convenience store. 1,500 sf is being utilized as a laundromat and has been owner for the past 48+ years. Although currently owner operated, a tenant for the laundromat has been identified and is willing to sign a long term lease. The 2nd floor consists of 8 apartments that also have a 48+ year of revenue history and is currently 100% occupied. A new HVAC system has recently been installed, the roof is 4 years young, and the exterior of the building has recently been painted. Priced at $1,200,000, this is a great opportunity to purchase a building with multiple revenue streams in a great location. Call the listing agent for detailed financial information.

Monthly Payment Calculator

Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.laneteamky.com/homes/125234373
Print Image

1311 N 25th Street Middlesboro, KY 40965

  • Price: $1,200,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 70 min ago
  • MLS #: 22001654
0
Beds
0
Baths
0
½ Baths
1
Acres
5,200
SQFT
$231
$/SQFT
1976
Built
Neighborhood:
City Limits
County:
Bell
Area:
Bell County
Property Description
INVESTOR ALERT! Location, Location, Location, Location, Location! 10,000 sf of residential and commercial rental space located on the heavily traveled North 25th St in Middlesboro, KY. This 2 story building sits on 1.3 acres and has a 48+ year revenue history. The 1st floor has 5,000 sf of commercial space. 3,500 sf is currently leased and being utilized as a convenience store. 1,500 sf is being utilized as a laundromat and has been owner for the past 48+ years. Although currently owner operated, a tenant for the laundromat has been identified and is willing to sign a long term lease. The 2nd floor consists of 8 apartments that also have a 48+ year of revenue history and is currently 100% occupied. A new HVAC system has recently been installed, the roof is 4 years young, and the exterior of the building has recently been painted. Priced at $1,200,000, this is a great opportunity to purchase a building with multiple revenue streams in a great location. Call the listing agent for detailed financial information.
Exterior Features

Construction Materials Brick Parking 11 - 20 Spaces Roof Shingle Stories Two

Interior Features

Building Square Footage 10500

Property Features

Business Type MixedRetail Current Zoning R1 Possession Negotiable Sale Lease Includes BuildingsLandLeases Sewer Public Sewer Tax Rate Middlesboro City Terms Sale

Lexington-Bluegrass Association of Realtors logo Listing provided courtesy of David Gambrell of Coldwell Banker Bisceglia Realty & Auction Co. Listing information © 2022 LBAR Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_22001654-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_22001654-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_22001654-2.jpg
Logo
The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502