7160 N Mayo Trail, Pikeville, KY 41501

$1,575,000
Property Type: Commercial Sale Square Footage: 6,637 Lot Size (sq. ft.): 186,437 Status: Closed
Current Price: $1,575,000 List Date: 4/16/2021 Last Modified: 9/03/2025

Overview

Description

This building is currently leased to Spero Health. It is a single tenant, 6,637 sq. ft. facility built in 2004. This investment offers approximately eight years of lease term remaining on the initial ten year lease.

Listing Details MLS# 20106916

Listing Information

Property Sub Type
Business

Status Change Information

Status Change Timestamp
2021-08-31
Purchase Contract Date
2021-06-04
Close Date
2021-08-30
Close Price
1575000
Buyer Financing
Other
Concessions Comments
none

Address

County
Pike
Street Number
7160
Street Direction Prefix
N
Street Name
Mayo Trail
State
KY
Zip Code
41501

Contract

Original List Price
1680175
Start Showing Date
2021-04-16
Listing Contract Date
2021-04-16
Listing Agreement
Exclusive Right To Sell
Owner Name
Oman Bond
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
253.15
Sold Price/SqFt
237.31
SP/LP
0.94

Tax Legal

MLS Area Major
097 - Pike County
Subdivision Name
Downtown

Interior

Living Area
6637
Building Area Total
6637

More Information

Parking Information

Parking Total
20

Building

Year Built
2004
Stories Total
Yes

Lot

Lot Size Acres
4.28
Lot Size Square Feet
186436.97

Utilities

Cooling YN
Yes
Electricity Connected
Yes
Phone Available
Yes
Water Connected
Yes

Remarks

Public Remarks
This building is currently leased to Spero Health. It is a single tenant, 6,637 sq. ft. facility built in 2004. This investment offers approximately eight years of lease term remaining on the initial ten year lease.

Tax & Legal

Tax Rate
1.76
Zoning Description
Commercial
Directions
Hwy 64 to Bert Combs Mt. Parkway, then KY 114, then US -23S/US-460, Destination will be on the left.

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Composition
Yes

Special Listing Conditions

Standard
Yes

Business Type

Commercial
Yes
Industrial
Yes

Existing Lease Type

Other
Yes

Sale Includes

Building(s)
Yes

Tenant Pays

Electricity
Yes
Insurance
Yes
Sewer
Yes
Water
Yes

Documents

Environmental Impact
Yes

Property Features

Utilities: Electricity Connected; Phone Available; Water Connected; Electricity Connected; Phone Available; Water Connected Business Type: Commercial; Industrial Construction Materials: Brick Existing Lease Type: Other Possession: Subject To Tenant Rights Roof: Composition Sale Includes: Building(s) Special Listing Conditions: Standard Tenant Pays: Electricity; Insurance; Sewer; Water Documents: Environmental Impact
Listing Office: Keller Williams Bluegrass Realty
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.