Parking Information

Parking Total

35

Building

Basement YN

Yes

Year Built

1964

Stories Total

2

Accessibility Features YN

Yes

Lot

Lot Size Acres

2

Lot Size Square Feet

87120

Utilities

Cooling YN

Yes

Heating YN

Yes

Electricity Connected

Yes

Natural Gas Connected

Yes

Sewer Connected

Yes

Water Connected

Yes

Remarks

Public Remarks

PRIME COMMERCIAL SPACE! While one of the buildings has already been sold, the second building is still available! Now, it's your turn to take advantage of the area's growing community and the rare opportunity to own a piece of local history to grow or start your new business in the heart of downtown London. Unlock endless possibilities with versatile spaces designed for office, medical, or creative ventures--perfect for universities to offer satellite/regional campus sites. Or launch a small business, establish a health club, or create a vibrant dance/art studio. A well-known, prestigious landmark, formally known as the library and student center of Sue Bennett College, is the prime spot to offer high visibility and easy access to major transportation routes. Well-maintained, ready to occupy, and the ability to modify according to your needs, the ''old library'', currently being used as a counseling/recovery center, is 13,056 sq ft and includes 9 office spaces, 4 conference rooms, 2 classrooms, fully equipped kitchen, lounge area, 4 restrooms, and storage area. The property includes a parking lot behind the building serving approximately 20-35 spaces, 2 vacant lots, one adjacent to the building and one with 450 ft of road frontage on 5th Steet for other business possibilities. The current zoning of C3 would allow a multitude of business opportunities designed to meet the daily needs of London and Laurel County residents. The city's ongoing development plans and supportive business environment ensure that your investment here will thrive along with the growing local economy. Seize the opportunity to position your business in a locale that offers both prestige and practicality. The building or vacant lots could be sold separately, if interested.

Building and Property Details

Furniture, Fixtures & Equipment YN

Yes

Building Expansion Potential YN

Yes

# of Men's Restrooms

2

# of Women's Restrooms

2

Usable SqFt

13056

Showing Information

Showing Instructions

Schedule through ShowingTime

Tax & Legal

Tax Rate

8.69

Zoning

Other

Zoning Description

C3

Directions

From West 5th Street, turn in to parking lot of Hope Recovery Center to Bennett Circle. Buildings on right of circle. Campus of Sue Bennett College.

Association/Community

Number Of Buildings

1

Basement

Concrete

Yes

Finished

Yes

Full

Yes

Walk-Out Access

Yes

Walk-Up Access

Yes

Construction Materials

Block

Yes

Brick

Yes

Concrete

Yes

Cooling

Electric

Yes

Heat Pump

Yes

Heating

Heat Pump

Yes

Natural Gas

Yes

Listing Terms

1031 Exchange

Yes

Cash

Yes

Conventional

Yes

Parking Features

On Site

Yes

Paved

Yes

Possession

Negotiable

Yes

Roof

Composition

Yes

Sewer

Public Sewer

Yes

Water Heater

Electric

Yes

Building Features

Concrete Floor

Yes

Kitchen Facilities

Yes

Tile/Brick Floor

Yes

Business Type

Commercial

Yes

Mixed

Yes

Professional Service

Yes

Professional/Office

Yes

Other

Yes

Ceiling

Dropped

Yes

Docks

None

Yes

Existing Lease Type

None

Yes

Sale Includes

Building(s)

Yes

Easements

Yes

Fixtures

Yes

Land

Yes

Showing Requirements

Restricted Hours

Yes

Property Features