Former Bank Branch in Cumberland Kentucky

Office for Sale
Catylist Listing ID: 30755829
Property Subtypes: Governmental, Office Building
Building Size (RSF): 4,048 SF
Sale Price: $400,000
Unit Price: $98.81 PSF
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former BB&T
Usable Size (USF): 4,048 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

Well located within Cumberland just a short stroll from downtown destinations. Ample on-site parking and good site circulation and visibility.

The building has an expansive lobby and teller line while the rear of the building is subdivided into several large private offices, a break room and restrooms.

Recently vacated, this building is in excellent condition for its age. The move-in condition makes it ideal for office service like real estate and insurance, or office-showroom like a utility company or government offices. The drive-through could easily be re-purposed for food, pharmacy, or other retail/service use.

This is a great opportunity to grow a small business!

Additional Details

Nearest MSA: London
County: Harlan
Submarket Type: Central Business District
Tax ID/APN: 206-10-22-004.00
Highway Access: 5 blocks East via SR 119
Site Description: Level with paved parking, signage and landscaping.
Area Description: Cumberland is a quaint small mountain community in Harlan County.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,048 SF
Year Built: 1976
Year Renovated: 2008
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Classic brick veneer bank branch. Low maintenance and high security.
Parking Ratio: 51 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 22
Sprinklers: None
Heat Type: Other
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Lot Frontage: 100
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,124 3,621 5,603
Median Age: 36.86 39.68 40.88
Households: 462 1,559 2,321


Photograph of Listing Agent

Michael E. Green, CCIM MAI SIOR

Century 21 Legacy
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