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Retail space
KY
London
40741
506 Laurel Rd

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FOR SALE

Retail space

506 E Laurel Rd, London, KY 40741

0.96 ac lot Built 1980

Entity Owned 6-yr Hold Free & Clear

Property ID

US34-0932265

$485,000

506 E Laurel Rd, London, KY 40741
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This exceptional commercial property, located at 506 E Laurel Road in London, KY, presents a unique investment opportunity. Situated just two-tenths of a mile from KY Hwy 192 on Hwy East 80, this 10,300 square foot building sits on a spacious 0.96-acre lot and is currently utilized as an automotive sales and powersports dealership, along with an eBay storefront. The building boasts a range of features ideal for diverse commercial uses. The interior includes electric air conditioning, gas heating, and city sewer connections. A comprehensive monitored security system ensures peace of mind, and the property is fully accessible for individuals with disabilities. A large loading dock facilitates efficient operations, complemented by a 50' x 6.5' sidewalk. Two bathrooms and a kitchen area add to the property's functionality. The well-designed floor plan includes a large front showroom (3610 SF), a second front showroom (2400 SF), a front garage with a 10' x 12' garage door (1824 SF), a front shop with loading ramp (442 SF), a rear shop with a 10' x 8' sliding door (1020 SF), a rear right shop/garage with 12' x 10' sliding doors (900 SF), and a left rear shop (485 SF). A significant added benefit is the availability of over $400,000 worth of new old stock (NOS) automotive and tractor parts, and other automotive equipment, offered at a heavily discounted price to the buyer. This versatile property offers substantial potential for a variety of commercial ventures. The asking price is $485,000.