2545 Cumberland Falls Hwy, Corbin, KY 40701

$1,500,000
Property Type: Commercial Sale Lot Size (sq. ft.): 86,684 Status: Closed
Current Price: $1,500,000 List Date: 7/24/2020 Last Modified: 9/03/2025

Overview

Description

Check out this well-known thriving restaurant within feet of Exit 25 on I-75! The full stucco building has a steel frame and a concrete block foundation. This iconic restaurant has plenty of parking to accommodate the largest of crowds. Locals know the restaurant for its authentic Mexican cuisine. The building is quickly recognize with vibrant painted dinning areas including a main dinning room, additional private dinning areas for hosting intimate or large gatherings, a full bar, and an outside patio area with a total of 205 seat capacity. Not often do you have the opportunity to buy property directly off of a major interstate! It is the perfect rest stop for travelers as it is equal distance from Lexington, KY to Knoxville, TN. The potential is endless! Do not hesitate to grab up this once in a lifetime opportunity!

Listing Details MLS# 20015015

Status Change Information

Status Change Timestamp
2021-06-29
Purchase Contract Date
2020-09-08
Close Date
2021-06-29
Close Price
1500000
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Whitley
Street Number
2545
Street Name
Cumberland Falls Hwy
State
KY
Zip Code
40701

Contract

Original List Price
1500000
Start Showing Date
2020-07-23
Listing Contract Date
2020-07-23
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
SP/LP
Yes

Tax Legal

MLS Area Major
068 - Whitley County
Subdivision Name
City Limits

Building

Year Built
2008

Lot

Lot Size Acres
1.99
Lot Size Square Feet
86684.48

More Information

Remarks

Public Remarks
Check out this well-known thriving restaurant within feet of Exit 25 on I-75! The full stucco building has a steel frame and a concrete block foundation. This iconic restaurant has plenty of parking to accommodate the largest of crowds. Locals know the restaurant for its authentic Mexican cuisine. The building is quickly recognize with vibrant painted dinning areas including a main dinning room, additional private dinning areas for hosting intimate or large gatherings, a full bar, and an outside patio area with a total of 205 seat capacity. Not often do you have the opportunity to buy property directly off of a major interstate! It is the perfect rest stop for travelers as it is equal distance from Lexington, KY to Knoxville, TN. The potential is endless! Do not hesitate to grab up this once in a lifetime opportunity!

Showing Information

Showing Instructions
Contact agent to schedule private showing

Tax & Legal

Tax Rate
7.61
Zoning Description
C-1 general business
Directions
From Exit 25 on I-75 go south on Highway 25 W (Cumberland Falls Highway) property is first property on left

Business Type

Restaurant
Yes

Property Features

Business Type: Restaurant
Listing Office: Realty World Dowell & Associates
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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