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    500 S Main St Corbin, KY 40701

    Sponsored
    For Lease
    $6,100 /Mo ($7 SF/Yr)

    COMMERCIAL - Corbin, KY

    Property size:
    10,392 SF
    Lot size:
    0.24 Acres
    Days on Market:
    32
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 500 S Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B6P
    APN
    137-41-22-033.00
    Parking features
    Offsite, Open
    Size
    10,392 SF
    Lot size
    0.24 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Ceiling, Heat Pump (Heating), Natural Gas
    Cooling system
    Multi Units, Electric, Central Air

    Building Details

    Floors in Building
    2

    Sester & Co Realty (606) 260-8284

    Listing agent Theresa Lowe (606) 260-8284

    Listing date Dec 6, 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

    Historic Downtown Mixed-Use Property

    The historic Pennington building in downtown Corbin offers over 10,000 square feet of space. Renovated approximately five years ago, the property combines historic character with modern updates. It 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. The property is suitable for commercial, mixed-use, or investment purposes. Potential uses include 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 lot size is 0.239 acres. The zoning is B6P. The property is located at 500 S Main Street, Corbin, KY 40701.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -84.095833
    Latitude
    36.944212

    Nearby Similar for Lease

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      Kroger Shopping Center Retail Space

      Thriving Corbin, KY retail center; high traffic.
      1019 Cumberland Falls Hwy, Corbin, KY 40701
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      15,000 SF

      Dominant Retail Center in Corbin

      Retail space available in well-located shopping center.
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      1,000 SF

      Retail Space in Corbin, KY

      Retail space available in a dominant shopping center.
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      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Turnkey, renovated property with development potential in Corbin, KY.
    Where is this mixed-use property located?
    The property is located at 500 S Main St Corbin, KY.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Over 10,000 sq. ft. of space in a historic downtown building.; - Structurally sound for apartment development on the upper floor.; - Fully renovated approximately five years ago.
    (606) 344-3050
    Request Owner's contact information
    500 S Main St Corbin, KY 40701
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    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
    500 S Main St Corbin, KY 40701
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