1868 KY-192, London, KY 40741 (MLS# 24022765)

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
Living Area: 0

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
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes
Other: 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

Tax & Legal

Zoning Description: C-2 General Business Zoning
Directions: Located off Exit 38, on KY 192 in London KY.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Concrete: Yes
Stucco: Yes

Parking Features

On Site: Yes
Paved: Yes

Possession

Negotiable: Yes

Roof

Flat: Yes
Metal: Yes

Security Features

Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Water Heater

Water Heater: Yes

Building Features

Concrete Floor: Yes
Partially Carpeted: Yes
Vinyl Flooring: Yes

Business Type

Commercial: Yes
Other: Yes

Ceiling

Dropped: Yes

Docks

None: Yes

Sale Includes

Building(s): Yes
Business: Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Inventory: Yes
Land: Yes
Leases: Yes
Licenses: Yes

Documents

Survey: Yes

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.