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Multi-Bay Automotive Building
For Sale
$485,000

506 E Laurel Road, London, KY 40741

COMMERCIAL - London, KY

Property Size10,300 SF
Lot Size0.96 Acres
Price / SF$47.09
Days on Market861

Property Features for 506 E Laurel Road

General Information

Property type Commercial Sale
Property subtype Other
Parking 20
Subdivision Rural
Directions From London travel 192 east toward Hal Rogers Parkway, turn right on East 80, go app 0.5 miand look for sign on left. (Just before the car wash)
Standard status Active
APN 064-50-00-001.00
Size 10,300 SF
Lot size 0.96 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer

Amenities

loading dock
sidewalk
monitored security system
handicapped accessible
bathrooms
kitchen area

Building Details

Year built 1980
Floors in Building 1
Building materials Block
Roof type Shingle, Metal, Composition
Listing Agency: Sallie Davidson, Realtors
Listed By: Winston B Smith · License #207456
Added: Apr 12, 2024 Changed: Aug 4 Last Checked: Aug 20 at 12:06PM
MLS# 24007060

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 10,300-square-foot automotive commercial property combines showroom and service-oriented areas within a block building constructed in 1980. The layout includes multiple showrooms, several shop or garage areas, a loading dock, loading ramp, kitchen area, and two bathrooms. Building systems include electric air conditioning, gas heat, public sewer, and a monitored security system. The property is wheelchair accessible and includes a 50' x 6.5' sidewalk.

Set on 0.96 acres at 506 E Laurel Road in London, Kentucky, the property is approximately 0.2 miles from KY Highway 192 on Highway East 80. The site is currently used for automotive sales, powersports, and an eBay store. Additional automotive equipment is available separately, and the building offers several distinct work areas supported by dedicated garage and sliding-door access.

Key Highlights

  • 10,300 SF building on 0.96 acres
  • Approximately 0.2 miles from KY Highway 192 on Highway East 80
  • Front showrooms measure 3,610 SF and 2,400 SF

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Building Supply Auto Repair Shop Accounting Firm Clothing & Fashion Store

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

88
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

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sunrise Automotive London, KY 40741
  • G & L Transmission 1866 N Laurel Rd, London, KY 40741
  • Jim Reid's Garage 1236 E Laurel Rd, London, KY 40741

Frequently Asked Questions

What type of property is this?
Auto shop - Versatile commercial building with showroom, shop, loading, office-support, and customer-access features.
Where is this auto shop 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 SF building on 0.96 acres; Approximately 0.2 miles from KY Highway 192 on Highway East 80; Front showrooms measure 3,610 SF and 2,400 SF
More about this property
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