Other Types $ 799,000

115 S main Street

Corbin, KY 40701

  • 11,450 SqFt
  • 5,975 Lot Size
  • - Year Built
Once-in-a-Lifetime Opportunity to Own the Iconic Moonbow Building in Downtown Corbin!

This historic landmark is hitting the market for the first time, offering an incredible chance to own a piece of Corbin's rich history while benefiting from a property with multiple income streams. Perfectly situated in the heart of downtown, the building is known for its unbeatable visibility and as the renowned 'Moonbow Building.'

This property features a 3-year-old solar panel array valued at $50,000, which keeps utility bills impressively low, ranging from $200 to $1,200 in January. Utilities are included in the rent for tenants, making the property even more attractive and ensuring ease of management. A modern HVAC system and mechanical room further enhance comfort and efficiency. All spaces are currently rented, providing consistent income.

The first floor offers approximately 5,000 square feet of flexible commercial space. The open layout is designed to accommodate a variety of uses, such as retail, an event venue, or other business ventures. The space includes two open mezzanines, ADA-compliant male and female bathrooms, a full kitchen, and ample storage space. Access is provided. The second floor, also approximately 5,000 square feet, features two high-end luxury furnished apartments with private and exclusive access from 2nd Street. Both units are currently rented, contributing to a steady revenue stream.

This property is low maintenance, energy-efficient, and ready to provide its next owner with unparalleled opportunities in one of the most desirable locations in town. Rent rolls and floor plans are available upon request. The lot size is based on an owner estimate and may not be accurate. Buyers are advised to verify the information.

Don't miss this rare opportunity to make the Moonbow Building yours and become part of Corbin's vibrant downtown community.
Listed by Freeman Brothers Realty LLC

PROPERTY DETAIL

  • Key Details

    Property Type Other Types

    Sub Type Mixed Use

    Listing Status Active

    Purchase Type For Sale

    Square Footage 11, 450 sqft

    Price per Sqft $69

    Subdivision City Limits

    MLS Listing ID 25000974

    Lot Size 5,975 Sqft

    Acres 0.14

    Property Sub-Type Mixed Use

  • Location

    State KY

    County Whitley

  • Building

    Sewer Public Sewer

  • Exterior

    Parking Features On Site

    Utilities Available Electricity Connected, Sewer Connected, Water Connected

    View Y/N N

    Handicap Access No

    Private Pool No

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