2545 Cumberland Falls Hwy, Corbin, KY 40701
$1,500,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
86,684
Status:
Closed
Current Price:
$1,500,000
List Date:
7/24/2020
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20015015
Status Change Information
- Status Change Timestamp
- 2021-06-29
- Purchase Contract Date
- 2020-09-08
- Close Date
- 2021-06-29
- Close Price
- 1500000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Whitley
- Street Number
- 2545
- Street Name
- Cumberland Falls Hwy
- State
- KY
- Zip Code
- 40701
Contract
- Original List Price
- 1500000
- Start Showing Date
- 2020-07-23
- Listing Contract Date
- 2020-07-23
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- SP/LP
- Yes
Tax Legal
- MLS Area Major
- 068 - Whitley County
- Subdivision Name
- City Limits
Building
- Year Built
- 2008
Lot
- Lot Size Acres
- 1.99
- Lot Size Square Feet
- 86684.48
More Information
Remarks
- Public Remarks
- Check out this well-known thriving restaurant within feet of Exit 25 on I-75! The full stucco building has a steel frame and a concrete block foundation. This iconic restaurant has plenty of parking to accommodate the largest of crowds. Locals know the restaurant for its authentic Mexican cuisine. The building is quickly recognize with vibrant painted dinning areas including a main dinning room, additional private dinning areas for hosting intimate or large gatherings, a full bar, and an outside patio area with a total of 205 seat capacity. Not often do you have the opportunity to buy property directly off of a major interstate! It is the perfect rest stop for travelers as it is equal distance from Lexington, KY to Knoxville, TN. The potential is endless! Do not hesitate to grab up this once in a lifetime opportunity!
Showing Information
- Showing Instructions
- Contact agent to schedule private showing
Tax & Legal
- Tax Rate
- 7.61
- Zoning Description
- C-1 general business
- Directions
- From Exit 25 on I-75 go south on Highway 25 W (Cumberland Falls Highway) property is first property on left
Business Type
- Restaurant
- Yes
Property Features
Business Type:
Restaurant
Listing Office:
Realty World Dowell & Associates
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
