2709 Cumberland Falls Highway,Corbin, KY 40701
Corbin, KY 40701
Description
Rare opportunity to acquire a highly visible commercial property and established outdoor business at 2709 Cumberland Falls Highway in Corbin, KY. Conveniently located just off I-75 and along a well-traveled route toward Laurel Lake, the property offers excellent visibility, accessibility, and flexibility for a new owner. The real estate may be purchased separately, allowing buyers to use the property for their own business venture or investment. A buyer who agrees to continue operating and growing the existing outdoor store may also purchase the established business, inventory, equipment, and other assets. This option provides an opportunity to take over an operation with much of the necessary infrastructure already in place. Included Assets The qualifying business purchase includes: All boats in stock, Firearms inventory, Large amount of Outdoor and sporting-goods inventory, Boat mechanic tools and equipment, 3 HVAC units that run on gas and 1 that is electric but the electric unit is not currently hooked up, extensive security system including panic buttons that is monitored 24/7, industrial screen printing equipment, and so much more! Existing employees prefer to remain with the business, offering valuable experience and operational continuity. The boat repair business has grown quickly, and will only continue to do so. A new owner would be starting with an experienced and certified Mercury mechanic already on staff. This is an incredible opportunity to grab prime commercial real estate in Southeast KY. The business is being offered for sale solely due to the current owners' health circumstances. The sellers are willing to remain involved during an agreed-upon transition period to help the new owner learn the operation, maintain continuity, and support future growth. Terms This opportunity is well suited for an entrepreneur, outdoor enthusiast, investor, or existing marine or outdoor business seeking to expand into the Corbin and Laurel Lake market. The business, inventory, equipment, and other assets are subject to the terms of an acceptable purchase agreement and the buyer's agreement to continue operating the outdoor store. A real-estate-only purchase option is available.
Details
| MLS # | 26023274 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Building Name | Badwoods Outdoors |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 28 |
| Listing Provided By | New Beginnings Real Estate LLC | Whitney Hubbard |
Features
| SQ Feet | 6,000 |
|---|---|
| Acreage | 0.50 |
Interior
| Cooling | Gas Pack, Central Air, Gas, Heat Pump, Multi Units |
|---|---|
| Heating | Gas Pack, Electric, Heat Pump, Natural Gas, Propane Tank Owned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Whitley |
| City | Corbin |
| Zip Code | 40701 |
| Area | 068 Whitley County |
| Subarea | Whitley County |
| Listing VS Median (in 40701) | |
Price: $900,000 low | high Med: $254,900 sqft: 6,000 low | high Med: 2,380 $ / sqft: $150 low | high Med: $109 On site: 28 low | high Med: 78.5 | |
Market Activity 40701
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Learn More About This Property
| State | KY |
|---|---|
| County | Whitley |
| City | Corbin |
| Zip Code | 40701 |
| Area | 068 Whitley County |
| Subarea | Whitley County |
| Listing VS Median (in 40701) | |
Price: $900,000 low | high Med: $254,900 sqft: 6,000 low | high Med: 2,380 $ / sqft: $150 low | high Med: $109 On site: 28 low | high Med: 78.5 | |