60/90 Bennett Cir London, KY 40741
This exceptional commercial property, a former college landmark in downtown London, KY, presents a rare investment opportunity. The property encompasses two buildings totaling 21,521 square feet, offering versatile space adaptable to various business needs. The main building, previously a library and counseling center, features nine offices, four conference rooms, two classrooms, a full kitchen, lounge, four restrooms, and ample storage. The second building, a former student center, includes four large multi-purpose rooms, two kitchens, a conference room, office space, four restrooms, and storage. The property also includes substantial parking and two vacant lots, one boasting 450 feet of road frontage, ideal for expansion or additional development. Currently zoned C3, this property allows for a wide range of commercial uses, perfectly positioned to serve the growing London and Laurel County community. Its high visibility location and proximity to major transportation routes ensure excellent accessibility. The well-maintained buildings are ready for immediate occupancy, offering a unique blend of historic charm and modern functionality. This is a chance to establish your business in a prestigious and practical setting within a thriving local economy. The asking price is $1,750,000. The property sits on two acres of land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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