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Automotive Property with Showrooms
For Sale
$485,000

506 E Laurel Road, London, KY 40741

Commercial Sale, London, KY

Property Size10,300 SF
Lot Size0.96 Acres
Price / SF$47.09
Days on Market909

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

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

Building Details

Year built 1980
Floors in Building 1
Building materials Block
Roof type Metal, Composition, Shingle
Listing Agency: Sallie Davidson, Realtors
Listed By: Winston B Smith · License #207456
Added: Apr 12, 2024 Changed: Oct 2 Last Checked: Oct 7 at 4:06PM
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 property occupies 0.96 acres and includes multiple showroom, shop, garage, and support areas. The layout features front showrooms of 3,610 square feet and 2,400 square feet, along with several shop and garage spaces ranging from 442 to 1,824 square feet. Building improvements include electric air conditioning, gas heat, public sewer, two bathrooms, a kitchen area, a loading dock, and a monitored security system. The block building was constructed in 1980 and includes shingle, composition, and metal roof sections.

Access is provided from East 80 in London, approximately 0.2 miles from KY Highway 192. The property is within city limits and includes a 50' x 6.5' sidewalk. Accessibility features include wheelchair access, while the garage and shop areas are served by doors measuring 10' x 12', 10' x 8', and 12' x 10'.

Key Highlights

  • 10,300 square feet of automotive, showroom, shop, and garage space
  • 0.96‑acre property in London city limits
  • Front showrooms measure 3,610 SF and 2,400 SF

Property Analytics

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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

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

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
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Frequently Asked Questions

What type of property is this?
Automotive property - Multi-use automotive facility with showroom, shop, loading, and service-support areas in London city limits.
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 feet of automotive, showroom, shop, and garage space; 0.96‑acre property in London city limits; Front showrooms measure 3,610 SF and 2,400 SF
More about this property
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