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115 South main Street, Corbin, KY 40701

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For Sale

$899,000

11,450 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $78.52
    Price per square foot

Explore this Property

Once-in-a-Lifetime Opportunity to Own the Iconic Moonbow Building in Downtown Corbin! This historic landmark is hitting the market for the first time, offering an incredible chance to own a piece of Corbin's rich history while benefiting from a property with multiple income streams. Perfectly situated in the heart of downtown, the building is known for its unbeatable visibility and as the renowned 'Moonbow Building.' This property features a 3-year-old solar panel array valued at $50,000, which keeps utility bills impressively low, ranging from $200 to $1,200 in January. Utilities are included in the rent for tenants, making the property even more attractive and ensuring ease of management. A modern HVAC system and mechanical room further enhance comfort and efficiency. All spaces are currently rented, providing consistent income. The first floor offers approximately 5,000 square feet of flexible commercial space. The open layout is designed to accommodate a variety of uses, such as retail, an event venue, or other business ventures. The space includes two open mezzanines, ADA-compliant male and female bathrooms, a full kitchen, and ample storage space. Access is provided The second floor, also approximately 5,000 square feet, features two high-end luxury furnished apartments with private and exclusive access from 2nd Street. Both units are currently rented, contributing to a steady revenue stream. This property is low maintenance, energy-efficient, and ready to provide its next owner with unparalleled opportunities in one of the most desirable locations in town. Rent rolls and floor plans are available upon request. The lot size is based on an owner estimate and may not be accurate. Buyers are advised to verify the information. Don't miss this rare opportunity to make the Moonbow Building yours and become part of Corbin's vibrant downtown community.
MLS# 25000974

Courtesy Of Freeman Brothers Realty LLC

(606) 620-9093

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 115 South main Street, Corbin, KY 40701

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(606) 878-0021
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Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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