110 Clark Street, Flemingsburg, KY 41041
$1,250,000
Property Type:
Commercial Sale
Square Footage:
40,000
Lot Size (sq. ft.):
229,997
Status:
Closed
Current Price:
$1,250,000
List Date:
6/20/2018
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 1812983
Listing Information
- Property Sub Type
- Office
Status Change Information
- Price Change Timestamp
- 2018-11-05T16:21:44Z
- Status Change Timestamp
- 2018-11-05
- Purchase Contract Date
- 2018-08-22
- Close Date
- 2018-10-29
- Close Price
- 1250000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- 0.0
Address
- County
- Fleming
- Street Number
- 110
- Street Name
- Clark
- Street Suffix
- Street
- Street Suffix Modifier
- 150
- State
- KY
- Zip Code
- 41041
Contract
- Original List Price
- 1675000
- Start Showing Date
- 2018-06-20
- Listing Contract Date
- 2018-06-20
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- John L. Foley V LLC
- Owner Phone
- 8592214080
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 41.88
- Sold Price/SqFt
- 31.25
- SP/LP
- 0.75
Tax Legal
- MLS Area Major
- 037 - Fleming County
- Subdivision Name
- Commercial
Interior
- Living Area
- 40000
- Building Area Total
- 40000
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 1978
Lot
- Lot Size Acres
- 5.28
- Lot Size Square Feet
- 229997.01
Utilities
- Cooling YN
- Yes
- Electricity Connected
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Excellent investment opportunity!! Great shopping center in a wonderful town, with several long term tenants, including the grocery store and pharmacy which have both been there since the shopping center was built in 1978. The current owner updated the center when he bought it in 2007, with a new Dryvit facade, new glass store fronts, landscaping, etc. The entire parking lot was re-capped with asphalt in October 2016 ($86,000), and five roof top HVAC package units where replaced in July 2017 ($39,000). Owner / Broker
Tax & Legal
- Tax Rate
- 1.1228
- Zoning Description
- B-3
- Directions
- From Lexington, take I 64 east to exit 110 (Mt. Sterling). tern left at the top of the ramp and stay on that for approx. 28 miles, watch for Clark St. on the left.
Association/Community
- Number Of Buildings
- 3
Construction Materials
- Block
- Yes
- Brick
- Yes
- Concrete
- Yes
- Glass
- Yes
- Steel Frame
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Membrane
- Yes
- Shingle
- Yes
Security Features
- Fire Sprinkler System
- Yes
Special Listing Conditions
- Standard
- Yes
Business Type
- Professional/Office
- Yes
- Retail
- Yes
Ceiling
- Dropped
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Interior Maintenance
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Property Features
Utilities:
Electricity Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Phone Available; Sewer Connected; Water Connected
Business Type:
Professional/Office; Retail
Ceiling:
Dropped
Construction Materials:
Block; Brick; Concrete; Glass; Steel Frame
Existing Lease Type:
Gross
Parking Features:
On Site; Paved
Possession:
Close Of Escrow
Roof:
Membrane; Shingle
Sale Includes:
Building(s); Land; Leases
Security Features:
Fire Sprinkler System
Special Listing Conditions:
Standard
Tenant Pays:
Electricity; Interior Maintenance; Sewer; Trash Collection; Water
Listing Office:
Jack Foley Realty, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.