1108 E Main Street,Cumberland, KY 40823
Cumberland, KY 40823
Description
Rare opportunity to purchase an established operating business, commercial property and residential space all in one! Located on East Main Street in Cumberland, this long-standing family-owned liquor store has roots dating back to the 1950s and has served the tri-city area for decades. The commercial space features a retail sales area, two stockrooms, walk-in cooler, additional coolers, restroom and convenient rear overhead-door access for loading and deliveries. Upstairs, a spacious 3 bedroom, 1 bath apartment was completely remodeled in 2021, offering the next owner the flexibility of an onsite residence or potential additional income opportunity. The property also provides ample off-street parking and an additional rear lot, adding valuable space and possibilities for future use. Offered at $399,000, the sale includes the real estate and operating business. Inventory is not included in the list price and will be purchased separately based on inventory on hand at closing. An exceptional opportunity to acquire a multi-use commercial property with an established business and residential component in the heart of Cumberland.
Details
| MLS # | 26025940 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Shelby's Liquor |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 14 |
| Listing Provided By | Bluegrass Properties Group | Sheldon Parrott |
Features
| SQ Feet | 1,845 |
|---|---|
| Zoning | None |
| Acreage | 0.58 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Propane |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Block, Concrete |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
Utilities
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
Area Information
| State | KY |
|---|---|
| County | Harlan |
| City | Cumberland |
| Zip Code | 40823 |
| Area | 086 Harlan County |
| Subarea | Harlan County |
| Listing VS Median (in 40823) | |
Price: $399,000 low | high Med: $300,000 sqft: 1,845 low | high Med: 801 $ / sqft: $216 low | high Med: $375 On site: 14 low | high Med: 211 | |
Market Activity 40823
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Learn More About This Property
| State | KY |
|---|---|
| County | Harlan |
| City | Cumberland |
| Zip Code | 40823 |
| Area | 086 Harlan County |
| Subarea | Harlan County |
| Listing VS Median (in 40823) | |
Price: $399,000 low | high Med: $300,000 sqft: 1,845 low | high Med: 801 $ / sqft: $216 low | high Med: $375 On site: 14 low | high Med: 211 | |