530 Hwy 27, Whitley City, KY 42653 (MLS# 3028056)

530 Hwy 27, Whitley City, KY 42653

$1,250,000

Property Type: Commercial Sale Square Footage: 42,224 Lot Size (sq. ft.): 52,272 Status: Closed

Current Price: $1,250,000 List Date: 11/20/2017 Last Modified: 9/03/2025

Overview

Description

An opportunity to own a Shopping Center on busy Hwy 27 in Whitley City. Over 42,000 square feet of space available. This is the Old Best Way Shopping Center.

Listing Details MLS# 3028056

Status Change Information

Status Change Timestamp: 2018-03-01
Purchase Contract Date: 2017-12-26
Close Date: 2018-03-01
Close Price: 1250000

Address

County: McCreary
Street Number: 530
Street Name: Hwy 27
State: KY
Zip Code: 42653
Parcel Number: 120-20-14-003.00

Contract

Original List Price: 1500000
Listing Contract Date: 2017-11-20
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
SP/LP: 0.83

Tax Legal

MLS Area Major: 069 - McCreary County

Interior

Living Area: 42224

Parking Information

Parking Total: 56

More Information

Building

Year Built: 1989

Lot

Lot Size Acres: 1.2
Lot Size Square Feet: 52272

Utilities

Cooling YN: Yes
Electricity Available: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: An opportunity to own a Shopping Center on busy Hwy 27 in Whitley City. Over 42,000 square feet of space available. This is the Old Best Way Shopping Center.

Tax & Legal

Tax Rate: 0.865
Directions: From Somerset, take Hwy 27 South to Whitley City, property is on the left. Sign is posted.

Construction Materials

Stucco: Yes

Listing Terms

Lease Option: Yes

Parking Features

Paved: Yes

Roof

Flat: Yes

Security Features

Fire Sprinkler System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Income and Expenses

Total Actual Rent: 0

Building Features

Concrete Floor: Yes

Docks

1-3 Docks: Yes

Sale Includes

Building(s): Yes
Land: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Insurance: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Property Features

Utilities: Electricity Available; Phone Available; Water Available; Electricity Available; Phone Available; Water Available Building Features: Concrete Floor Construction Materials: Stucco Docks: 1-3 Docks Listing Terms: Lease Option Parking Features: Paved Roof: Flat Sale Includes: Building(s); Land Security Features: Fire Sprinkler System Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Insurance; Taxes; Trash Collection; Water

Listing Office: Weichert Realtors Ford Brothers, Inc.

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.