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645 Lily School Rd

645 Lily School Rd, Corbin, KY 40701

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Overview

Outstanding opportunity to own a high-visibility commercial property in Laurel County. Situated on 1.59 acres with 282 feet of road frontage, this site features a 7,500 sq. ft. freestanding retail building that was formerly a Dollar General Store—making it well-suited for a wide range of commercial or retail uses.The building offers a spacious open floor plan, a large stockroom/storage area, two restrooms, and utilities already in place, including infrastructure for security cameras. The property also includes a large paved parking lot with ample parking and room for future expansion or additional structures.With its excellent visibility, easy access, and versatile layout, this property is ideal for retail, medical, office, or redevelopment opportunities. Whether you’re an investor, business owner, or developer, this site provides the flexibility and location needed to support your next venture.

  • Prime Retail Space: A 7,500 sq. ft. freestanding building, formerly a Dollar General, offering a proven retail footprint.
  • Versatile Layout: Features a spacious open floor plan, a large dedicated stockroom/storage area, and two restrooms.
  • Move-In Ready: Utilities are already in place.
  • High Visibility: Situated on a 1.59-acre lot with 282 feet of road frontage on Laurel Rd.
  • Excellent Access: Easy entry and exit for customers with a large, paved parking lot.
  • Strategic Positioning: Located in a high-visibility area of Laurel County, between north Corbin and London, ideal for capturing local traffic.
  • Flexible Zoning: Currently zoned R-1 with a commercial description, making it suitable for retail, medical, office, or complete redevelopment.
  • Investment Value: Offered at $450,000 ($60/SF), representing a competitive entry point for an owner-user or investor.

For Sale

Retail

Secondary Uses: Mixed Use

Sale Price
$450,000
Price Per SF
$60/SF
Building Size
7,500 SF
Acres
1.59 ac
Is Vacant
Yes
Zoning
Commercial
Former Tenant
Dollar General Store
Building Name
Dollar General Store
Floors
1
Year Built
2002
Parking Ratio
2.6 / 1,000
Parking Spaces
20
Submarket
London and Corbin
Nearest MSA
London
Tax ID Number
108-20-00-012.02
Property Use Type
Business
Property Status
Existing
County
Laurel
Available
10/06/2025
Listed
03/11/2026
Updated
04/30/2026
Listing ID
b1a4c35c
Parcel APN
108-20-00-012.02