1801-1805 Cumberland Ave - Freestanding FOR SALE


Middlesboro, KY 40965
$35,000 USD
305-206-1286
1801-1805 Cumberland Ave, Middlesboro, KY for Sale
$35,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

1801-1805 Cumberland Ave
Middlesboro, KY 40965


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | 87% Occupied | 12,030 SF | $39K NOI | 14K VPD | AUCTION JULY 29-31, 2025
  • ±12,030 SF, 87% Occupied Retail Plaza in Middlesboro, KY
  • Signalized Intersection of Cumberland Ave (±14,324 VPD Traffic Counts) and 18th Street in Dense Commercial Corridor
  • Nearby National Retailers: Walmart, Kroger, McDonald’s, Cracker Barrel, Hibbett Sports, Belk, Dollar Tree, Save a Lot, NAPA, Auto Zone, and more
  • Newer Roof with 15-Year Transferrable Warranty until 2031 | Federal Opportunity Zone
  • Attractive 2024 Demographics with Population of ±28,130 and Annual Household Income of ±$49,914 (10-Mile)

OVERVIEW

Marcus & Millichap is pleased to offer for sale (the “Property”), a multi-tenant retail building located at 1803 Cumberland Avenue in Middlesboro, Kentucky. The Property provides an exceptional opportunity to acquire a highly visible investment property with strong cash flow. The Property is a 12,030 square foot retail building on a 0.568-acre parcel situated within a dense downtown business corridor. The Property offers excellent visibility, convenient access, and ample surface parking for both tenants and visitors. Located at the signalized intersection of W Cumberland Avenue and 18th Street, it benefits from traffic counts of 14,324 vehicles per day. The Property benefits from strong demand generators and is surrounded by many residential neighborhoods, as well as numerous national credit tenants including Walmart, Kroger, Hibbett Sports, McDonald’s, Cracker Barrel, Wendy’s, Taco Bell, Belk, Dollar Tree, Dollar General, Save a Lot, NAPA, Auto Zone, Ace Hardware, Big Lots, and many others. Middlesboro, Kentucky is located in Bell County near the Cumberland Gap and approximately 60 miles north of Knoxville, Tennessee. Despite its modest size, Middlesboro serves as a regional hub for commerce, healthcare, and retail in southeastern Kentucky and parts of eastern Tennessee. Situated along U.S. Route 25E, Middlesboro offers direct access to Interstate 75 to the north and Interstate 81 to the south, facilitating transportation and logistics. The area is characterized by compelling demographics, with a 2024 population of approximately 28,130 people and an average annual household income of approximately $49,914 within a 10-mile radius.

FOR SALE DETAILS

PRICE

$35,000 USD

PRICE/SF

$3 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Auction | Middlesboro Center | 87% Occ.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

082-20-00-200.00

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.