503 & 501 Spivey Lane, London, KY 40741
$1,225,000
Property Type:
Commercial Sale
Square Footage:
3,900
Lot Size (sq. ft.):
34,848
Status:
Closed
Current Price:
$1,225,000
List Date:
6/24/2023
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 23011857
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2024-07-02
- Purchase Contract Date
- 2024-05-15
- Close Date
- 2024-06-28
- Close Price
- 1225000
- Buyer Financing
- Other
Address
- County
- Laurel
- Street Number
- 503 & 501
- Street Name
- Spivey
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40741
- Parcel Number
- 062-50-00-052.00
Contract
- Original List Price
- 1900000
- Start Showing Date
- 2023-06-24
- Listing Contract Date
- 2023-06-24
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 487.18
- Sold Price/SqFt
- 314.1
- SP/LP
- 0.64
Tax Legal
- MLS Area Major
- 044 - Laurel County
- Subdivision Name
- City Limits
Interior
- Living Area
- 1500
- Building Area Total
- 3900
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 2003
- Stories Total
- 2
- Accessibility Features YN
- Yes
Lot
- Lot Size Acres
- 0.8
- Lot Size Square Feet
- 34848
Utilities
- Cooling YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Introducing a prime commercial property located at 503 Spivey Lane in London, Kentucky! This is the perfect opportunity for anyone looking to invest in a growing community. Situated right off Interstate 75 and at the corner of fifth street and 192, this location offers unparalleled visibility and accessibility. Don't miss out on this prime real estate opportunity! This commercial building for sale presents a unique opportunity for buyers looking to expand their property portfolio. The building is adjacent to a .38 acre lot that can be sold separately from the current listing at 503 Spivey LN. Contact me to learn more
Showing Information
- Showing Instructions
- Showing time. Agent will meet you with further instructions. No code/lockbox
Tax & Legal
- Tax Rate
- 8.75
- Zoning Description
- Commercial Building
- Directions
- To reach the commercial building, take the London exit 38 off of Interstate 75 and proceed towards the intersection of 5th Street and 192. The building is located less than a mile from the interstate and is situated at the corner of the intersection. Across the street from Frisch's
Association/Community
- Number Of Buildings
- 1
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Other
- Yes
Parking Features
- Gravel
- Yes
- On Site
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
- Rental Agreement
- Yes
- Subject To Tenant Rights
- Yes
Roof
- Metal
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Tile/Brick Floor
- Yes
- Vinyl Flooring
- Yes
- Wood Flooring
- Yes
Business Type
- Commercial
- Yes
- Professional/Office
- Yes
Ceiling
- Dropped
- Yes
- Other
- Yes
Existing Lease Type
- Other
- Yes
Sale Includes
- Building(s)
- Yes
- Land
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Building Features:
Tile/Brick Floor; Vinyl Flooring; Wood Flooring
Business Type:
Commercial; Professional/Office
Ceiling:
Dropped; Other
Construction Materials:
Block; Concrete; Other
Existing Lease Type:
Other
Parking Features:
Gravel; On Site; Paved
Possession:
Negotiable; Rental Agreement; Subject To Tenant Rights
Roof:
Metal
Sale Includes:
Building(s); Land
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Water Heater:
Water Heater
Listing Office:
CENTURY 21 Advantage Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.