Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    High-Visibility Retail and Restaurant Building Title is generated by Realmo AI

    601 N 15th Street, Middlesboro, KY 40965

    View on Map
    Claim this Listing
    New
    For Sale
    $375,000

    COMMERCIAL - Middlesboro, KY

    Type:Retail
    Property size:
    3,200 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $117/SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 2 at 11:06 pm

    Property Features for 601 N 15th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Parking
    10
    Standard status
    Active
    APN
    082-10-00-106.00
    Size
    3,200 SF
    Lot size
    0.57 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Metal

    We can help!

    Listing Contact
    Kevin Bisceglia
    Kevin Bisceglia

    Listing agent Kevin Bisceglia License #022620

    Listing office Coldwell Banker Bisceglia Realty & Auction Co 1313 Cumberland Avenue, Middlesboro, KY

    Listing date Jun 1, 2026

    MLS# 26012603

    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.

    HighLights

    • 3,200 SF building in the city limits of Middlesboro
    • Built in 1998 with block construction
    • Metal roof, central air, and heat pump HVAC
    • Public sewer service
    • Located on a high‑visibility street behind Middlesboro Mall with lots of parking
    • Flexible space suitable for retail, commercial use, or a restaurant

    Overview

    This property is a 3,200-square-foot commercial building built in 1998, positioned for strong street visibility. The layout supports flexible use, and the site is served by lots of parking, a practical advantage for customers and staff. The building is currently offered for sale as an ownership opportunity for operators seeking their own space.

    Located within the city limits of Middlesboro, the building sits on a high-visibility street behind the Middlesboro Mall. Its position and parking make it well-suited for businesses that rely on walk-in and drive-by traffic, with convenient access for day-to-day operations.

    The configuration and site attributes make this an attractive fit for retail, commercial, or restaurant concepts. For a buyer or tenant purchasing an end-to-end location, the combination of established construction and parking supports a straightforward path to occupancy and branding, whether the goal is a retail storefront or a neighborhood restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Kroger Floral — 495 N 12th St, Middlesboro, KY 40965
    • A Touch of Class — 2011 W Cumberland Ave, Middlesboro, KY 40965
    • Just For You Flowers and More — 2105 w cumberland ave, middlesboro, ky 40965
    • Henry's Flower Shop, Inc. — 132 S 21st St, Middlesboro, KY 40965
    • Bo's Accent Flowers — 116 S 24th St, Middlesboro, KY 40965

    Location Insight

    • Map
    • Local Demand
    City
    Middlesboro
    County
    Bell
    State
    Kentucky
    Longitude
    -83.707792
    Latitude
    36.616086

    Nearby Similar for Sale

    • $182,000
      1,608 SF

      Middlesboro Commercial Opportunity For Sale

      Versatile commercial property in Middlesboro, KY, with strong potential.
      414 S 24th Street, Middlesboro, KY 40965
      View Details
    • $350,000
      3,330 SF

      Versatile Commercial Building in Middlesboro

      Adaptable commercial building suitable for office or retail use.
      205 N 20th Street, Middlesboro, KY 40965
      View Details
    • $164,000
      700 SF

      Middlesboro Multifamily Investment Opportunity

      Two homes, one remodeled, near amenities and ATV trails.
      1801 Exeter Ave, Middlesboro, KY 40965
      View Details
    • $74,200
      2,256 SF

      Middlesboro Duplex Opportunity

      Duplex in Middlesboro, Kentucky, ideal for rental or multi-family living.
      417-A&B Avondale Ave, Middlesboro, KY 40965
      View Details

    FAQs

    What type of property is this?
    Storefront property - A 3,200-square-foot building with ample parking on a high-visibility street, ideal for retail or restaurant ownership.
    Where is this storefront property located?
    The property is located at 601 N 15th Street Middlesboro, KY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 3,200 SF building in the city limits of Middlesboro; Built in 1998 with block construction; Metal roof, central air, and heat pump HVAC
    (606) 269-7970
    We can help!
    Listing Contact
    Kevin Bisceglia
    Kevin Bisceglia
    Real Estate License ID: 022620
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    601 N 15th Street, Middlesboro, KY 40965
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!