
Mixed-Use Land for Sale in Corbin, Kentucky
500 S Main St, Corbin, KY 40701
Discover the historic Pennington in downtown Corbin - an exceptional, turnkey property offering over 10,000 sq. ft. of space and extensive possibilities. Fully renovated approximately five years ago, this landmark building blends historic character with modern updates. The property features two separate entrances, one for the upper level and one for the lower level, providing flexibility for multiple uses. A structural engineer has evaluated the building and confirmed it is structurally sound for apartment development on the upper floor, making this property ideal for commercial, mixed-use, or investment purposes. With its prime location and generous square footage, this property is well-suited for residential units, retail, office space, a gym or workout facility, or a potential life center for a church with ample room for banquets or events. The Pennington offers a rare opportunity to own a historic, high-visibility building in the heart of Corbin's growing downtown district.
Location
- Street address
- 500 S Main St, Lot St
- County
- Whitley County
- Elevation
- 1,071 feet
Directions
From I 75 North Bound take exit 25 (R) off the ramp and follow Cumberland Falls Hwy (18th St) all the way to the end. (L) on South Main St to 500 S. Main Street Building is on the Left.
Property details
- Lot size
- 0.239 acres10,411 sq ft
- Zoning
- Central Business District (Downtown)
- MLS #
- LBAR 25506636
- Posted
Parcels
- 137-41-22-033.00
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Parking
- Offsite, Open
Structure
- Stories
- 2
- Sewer
- Public Sewer
- Heating
- Forced Air, Heat Pump, Natural Gas
- Cooling
- Central Air, Electric, Multi Units
- Materials
- Block, Concrete, Steel Frame
- Roof
- Membrane, Rubber
Property utilities
| Category | Type | Status |
|---|---|---|
| Gas | Natural Gas | Connected |
| Water | Public | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 26, 2026 | New listing | $865,000 | — | LBAR |



















