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Mixed-Use Brick Building

205 E 3rd Street, London, KY 40741

For Sale
New
$297,500

Commercial Sale, London, KY

Property Size2,749 SF
Lot Size0.13 Acres
Price / SF$108.22
Days on Market2

Property Features for 205 E 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Rooms Basement
Parking 6
Subdivision City Limits
Directions London Downtown, East 3rd Street directly behind Commercial Bank.
Standard status Active
APN 050-90-00-152.00
Size 2,749 SF
Lot size 0.13 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Amenities

three phase electric

Building Details

Year built 1980
Listing Agency: CENTURY 21 Advantage Realty · Century 21 Real Estate
Listed By: Sheila F Fields · License KY #195319
Added: Nov 9 Changed: Nov 10 Last Checked: Nov 10 at 5:06PM
MLS# 26030934

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This freestanding brick mixed-use property contains 2,749 square feet on a 0.129-acre lot. Built in 1980, it has a basement and heat-pump heating and cooling. Three-phase electrical service is also in place, and the property is zoned C-1.

The building is one block from Main Street in London, Kentucky, at 205 E 3rd Street.

Key Highlights

  • 2,749‑square‑foot freestanding brick building
  • 0.129‑acre lot with C‑1 zoning
  • Three‑phase electrical service

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sahner & Associates Inc Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Furniture & Home Goods Parking Lot & Garage

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

684
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-1 zoning and three-phase electrical service are among the property's commercial features.
Where is this mixed-use property located?
The property is located at 205 E 3rd Street London, KY.
What is the asking price?
The asking price for this property is $297,500.
What are key features of this property?
This property features: 2,749‑square‑foot freestanding brick building; 0.129‑acre lot with C‑1 zoning; Three‑phase electrical service
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Includes: Price & PSF · Cap rate · Location · Zoning

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