1868 KY-192, London, KY 40741

$2,550,000
Property Type: Commercial Sale Square Footage: 36,029 Lot Size (sq. ft.): 168,142 Status: Closed
Current Price: $2,550,000 List Date: 10/29/2024 Last Modified: 9/03/2025

Overview

Description

Attention Investors!! If you are looking for an amazing opportunity to own a business that is a main attraction in London KY, then look no further!! Regency Cinema 8 offers eight theater rooms with comfortable seating, a bright and exciting concession area, arcade, and so much more!! This theater offers 1650 total seats, NEC Digital Projectors, new roof in 2023 on main building area, commercial fire suppression and alarm system, ADA accessibility, and a restaurant area that is currently under Lease Agreement. This property has had many updates, and the business is a turn-key package!! If you are looking for a thriving business, this may be for you!! This property could also be converted to a medical facility or office complex!! The possibilities are endless!! Property only shown to qualified buyers.

Listing Details MLS# 24022765

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2024-12-27
Purchase Contract Date
2024-11-09
Close Date
2024-12-27
Close Price
2550000
Buyer Financing
Cash
Sale Type
Arms Length Sale

Address

County
Laurel
Street Number
1868
Street Name
KY-192
State
KY
Zip Code
40741
Parcel Number
062-50-00-056.03

Contract

Original List Price
3500000
Start Showing Date
2024-10-29
Listing Contract Date
2024-10-29
Listing Agreement
Exclusive Right To Sell
Owner Name
Regency Cinema Seven, Inc.
Owner Phone
N/A
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
97.14
Sold Price/SqFt
70.78
SP/LP
0.73

Tax Legal

MLS Area Major
044 - Laurel County
Subdivision Name
City Limits

Interior

Building Area Total
36029

More Information

Parking Information

Parking Total
56

Building

Year Built
1995
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
3.86
Lot Size Square Feet
168142

Utilities

Cooling YN
Yes

Remarks

Public Remarks
Attention Investors!! If you are looking for an amazing opportunity to own a business that is a main attraction in London KY, then look no further!! Regency Cinema 8 offers eight theater rooms with comfortable seating, a bright and exciting concession area, arcade, and so much more!! This theater offers 1650 total seats, NEC Digital Projectors, new roof in 2023 on main building area, commercial fire suppression and alarm system, ADA accessibility, and a restaurant area that is currently under Lease Agreement. This property has had many updates, and the business is a turn-key package!! If you are looking for a thriving business, this may be for you!! This property could also be converted to a medical facility or office complex!! The possibilities are endless!! Property only shown to qualified buyers.

Building and Property Details

Building Expansion Potential YN
Yes
Inground Tank YN
No
Railroad Siding YN
No
# of Men's Restrooms
3
# of Women's Restrooms
2
Usable SqFt
36029

Showing Information

Showing Instructions
Must be shown by appointment only. USE SHOWING TIME

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Other; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Other Building Features: Concrete Floor; Partially Carpeted; Vinyl Flooring Business Type: Commercial; Other Ceiling: Dropped Construction Materials: Block; Concrete; Stucco Docks: None Parking Features: On Site; Paved Possession: Negotiable Roof: Flat; Metal Sale Includes: Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Leases; Licenses Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard Water Heater: Water Heater Documents: Survey
Listing Office: Shawn Rogers Realty, Inc
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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