202 W 7th Street, London, KY 40744

$975,000
Property Type: Commercial Sale Square Footage: 25,057 Lot Size (sq. ft.): 42,253 Status: Closed
Current Price: $975,000 List Date: 3/14/2024 Last Modified: 11/25/2025

Overview

Description

Own an Entire City Block!! Experience a community landmark - ''The London Medical Arts Building'' 25,057 sq-ft building, with a rear parking area for approximately 60 cars, 17 office suites, an elevator, conferences rooms and break rooms, along with additional parking available in adjacent public lots for overflow. The possibilities are endless: whether you envision a medical office center, various workspaces, a retail center, gift or coffee shop, potential apartment or condo conversion, this space is primed to bring your vision to life. Contact list agent with any questions and schedule your showing today!

Listing Details MLS# 24004668

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Price Change Timestamp
2024-05-20T20:02:38Z
Status Change Timestamp
2024-12-02
Purchase Contract Date
2024-10-14
Close Date
2024-11-27
Close Price
975000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Laurel
Street Number
202
Street Direction Prefix
W
Street Name
7th
Street Suffix
Street
State
KY
Zip Code
40744
Parcel Number
090-60-28-001.00

Contract

Original List Price
1350000
Start Showing Date
2024-03-14
Listing Contract Date
2024-03-14
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
51.84
Sold Price/SqFt
38.91
SP/LP
0.75

Tax Legal

MLS Area Major
044 - Laurel County
Subdivision Name
Commercial

Interior

Living Area
25057
Building Area Total
25057

More Information

Parking Information

Parking Total
56

Building

Year Built
1971
Stories Total
2

Lot

Lot Size Acres
0.97
Lot Size Square Feet
42253

Remarks

Public Remarks
Own an Entire City Block!! Experience a community landmark - ''The London Medical Arts Building'' 25,057 sq-ft building, with a rear parking area for approximately 60 cars, 17 office suites, an elevator, conferences rooms and break rooms, along with additional parking available in adjacent public lots for overflow. The possibilities are endless: whether you envision a medical office center, various workspaces, a retail center, gift or coffee shop, potential apartment or condo conversion, this space is primed to bring your vision to life. Contact list agent with any questions and schedule your showing today!

Building and Property Details

Building Expansion Potential YN
Yes

Tax & Legal

Zoning Description
C1
Directions
From Main Street turn on West 7th and go 1 block, The building is a complete city block with streets on 4 sides which are Broad St, West 7th, West 6th & North Long St.

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Building Features

Concrete Floor
Yes
Other Flooring Type
Yes

Business Type

Commercial
Yes
Retail
Yes

Ceiling

Dropped
Yes

Sale Includes

Building(s)
Yes
Leases
Yes

Property Features

Building Features: Concrete Floor; Other Flooring Type Business Type: Commercial; Retail Ceiling: Dropped Construction Materials: Brick Possession: Close Of Escrow Roof: Flat Sale Includes: Building(s); Leases Sewer: Public Sewer Special Listing Conditions: Standard
Listing Office: SEMONIN, REALTORS
Last Updated: November - 25 - 2025
Information deemed reliable but not guaranteed.