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Fully Leased Mixed-Use Property
For Sale
$669,000
Pending

1802 McDonalds Lane, London, KY 40741

COMMERCIAL - London, KY

Property Size10,000 SF
Lot Size0.43 Acres
Days on Market109

Property Features for 1802 McDonalds Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-2 General Business zoning
Parking features Open
Subdivision Rural
Directions The property is located just off North Main Street behind McDonalds.
Standard status Pending
APN 050-20-00-112.00
Size 10,000 SF
Lot size 0.43 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Electric, Central Air, Multi Units

Building Details

Year built 1986
Floors in Building 2
Building materials Aluminum Siding, Brick
Roof type Metal
Listing Agency: Sallie Davidson, Realtors
Listed By: Jerry Hollon
Added: Apr 20 Changed: Aug 4 Last Checked: Aug 6 at 7:06PM
MLS# 26008525

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.

Investment Insights

Based on property information with market context.

This fully leased mixed-use property combines three commercial spaces on the first floor with three residential apartments plus an additional commercial office space on the second floor. The first floor includes two smaller commercial units of approximately 1,250 square feet each and a larger commercial unit of approximately 2,500 square feet. The second floor contains three apartments, each approximately 1,250 square feet, with unit mix consisting of one 2-bedroom, 2-bath; one 2-bedroom, 1-bath; and one 3-bedroom, 1-bath. An additional approximately 1,250-square-foot commercial office space is also located on the second floor.

The property is located at 1802 McDonald's Lane in London, Kentucky (Laurel County). It is described as being positioned in a high-visibility area with easy access to local amenities.

For investors or owner-operators, the key advantage is the building’s 100% occupancy with a diverse tenant mix and current monthly rental income of $4,375. The configuration offers flexibility for a range of tenant types, with substantial commercial area alongside multiple apartment units under the same ownership.

Key Highlights

  • Mixed‑use property at 1802 McDonald's Lane in London, KY with 100% occupancy and $4,375 in monthly rental income
  • First‑floor commercial: two units of approx. 1,250 SF and one larger unit of approx. 2,500 SF
  • Second‑floor residential: three apartments, each approx. 1,250 SF—2BR/2BA, 2BR/1BA, and 3BR/1BA

Property Analytics

Current Use

Kentucky Surveys, Inc. Land Surveyor Computers Unlimited LLC Electronics & Wireless Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Cafe & Coffee Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

285
Businesses Nearby

Demographics for 40741, KY

23,327
Population
10,344
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
207.6 sq mi
ZIP Area
112
Density / Sq Mi
$60,417
Median Household Income
$38,078
Median Earnings
$825
Median Rent
$155,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with multiple income-producing commercial spaces and apartments, 100% occupied and generating current monthly rental income.
Where is this mixed-use property located?
The property is located at 1802 McDonalds Lane London, KY.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Mixed‑use property at 1802 McDonald's Lane in London, KY with 100% occupancy and $4,375 in monthly rental income; First‑floor commercial: two units of approx. 1,250 SF and one larger unit of approx. 2,500 SF; Second‑floor residential: three apartments, each approx. 1,250 SF—2BR/2BA, 2BR/1BA, and 3BR/1BA
More about this property
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