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    115 S Main St Corbin, KY 40701

    Sponsored
    For Sale
    $799,000

    COMMERCIAL - Corbin, KY

    Property size:
    11,450 SF
    Lot size:
    0.14 Acres
    Days on Market:
    118
    Last Refresh:
    Jan 7 at 10:06 am

    Property Features for 115 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    137-32-16-004.00
    Size
    11,450 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Floors in Building
    2

    Freeman Brothers Realty LLC (606) 620-9093

    Listing agent Rocio Gonzalez (606) 620-9093

    Listing date Sep 12, 2025

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Moonbow Building in Corbin

    Located in downtown Corbin, this mixed-use property, known as the 'Moonbow Building,' offers commercial space and luxury apartments. The first floor provides approximately 5,000 square feet of commercial space suitable for retail, an event venue, or other business ventures. It features an open layout, two open mezzanines, ADA-compliant male and female bathrooms, a full kitchen, and ample storage space. The second floor, also approximately 5,000 square feet, contains two high-end luxury furnished apartments with private access from 2nd Street. The property includes a 3-year-old solar panel array valued at $50,000, which contributes to low utility bills. A modern HVAC system and mechanical room enhance comfort and efficiency. Utilities are included in the rent for tenants. The lot size is approximately 0.137 acres, with a total property size of 11,450 square feet. All spaces are currently rented, providing consistent income. The property is low maintenance and energy-efficient.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corbin
    County
    Whitley
    State
    Kentucky
    Longitude
    -84.096141
    Latitude
    36.94665

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    FAQs

    What type of property is this?
    Mixed-use property - Historic mixed-use property with commercial space and luxury apartments.
    Where is this mixed-use property located?
    The property is located at 115 S Main St Corbin, KY.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Historic landmark 'Moonbow Building' in prime downtown location with high visibility.; - Multiple income streams from fully rented commercial space and two luxury apartments.; - Energy-efficient with a 3-year-old, $50,000 solar panel array resulting in low utility bills.
    (606) 620-9093
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    115 S Main St Corbin, KY 40701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 S Main St Corbin, KY 40701
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