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Automotive Property with Showrooms
For Sale
$485,000

506 E Laurel Road, London, KY 40741

A flexible commercial building combines display areas, shop space, loading access, and customer amenities.

Property Size10,300 SF
Lot Size0.96 Acres
Price / SF$47.09
Days on Market939

Property Features for 506 E Laurel Road

General Information

Standard status Active
Size 10,300 SF
Total Parking Spaces 20
Lot size 0.96 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Automotive Uses dealership/vehicle sales

Amenities

electric A/C
gas heat
monitored security system
handicapped/wheelchair accessible
large loading dock
sidewalk
bathrooms
kitchen area

Building Details

Building Size 10,300 SF
Year Built 1980
Buildings 1
Stories 1
Listing Agency: Sallie Davidson, Realtors
Listed By: Winston B Smith · License #207456
Source: Bluegrasspropertiesgroup
Added: Apr 12, 2024 Changed: Nov 4 Last Checked: Nov 5 at 10:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sallie Davidson, Realtors

Rey
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Investment Insights

Based on property information with market context.

Configured for automotive sales and service-related operations, this 10,300-square-foot building contains two front showrooms, several shop and garage areas, and loading access. The layout also includes a kitchen area and two bathrooms. Heating is gas-fired, air conditioning is electric, and the property has city sewer, a monitored security system, and wheelchair accessibility. The building was constructed in 1980 and occupies 0.96 acre.

The property is on East 80 in London, 0.2 mile from Ky. Hwy 192. Shop and garage access includes a 10' x 12' overhead door and sliding doors measuring 10' x 8' and 12' x 10'. A loading ramp serves one shop area, and a separate loading dock is also present.

The existing business uses the site as an automotive and powersports dealership with an eBay store. NOS automotive and tractor parts, along with other automotive equipment, are available for purchase separately.

Key Highlights

  • 10,300‑square‑foot building on 0.96 acre
  • Automotive sales and powersports dealership with eBay store currently operating on‑site
  • Two front showrooms and multiple shop and garage areas

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Showrooms

Suggested Use

Top Pick HVAC Service Dental Office Furniture & Home Goods Grocery & Convenience Store Kitchen & Bath Showroom Building Supply

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby
Well-served
Demand for This Use

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
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Automotive property - A flexible commercial building combines display areas, shop space, loading access, and customer amenities.
Where is this automotive property located?
The property is located at 506 E Laurel Road London, KY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 10,300‑square‑foot building on 0.96 acre; Automotive sales and powersports dealership with eBay store currently operating on‑site; Two front showrooms and multiple shop and garage areas
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