115 South main Street Corbin, KY 40701

Other Residential MLS #: 25000974 Courtesy Of Freeman Brothers Realty LLC

$979,000

11,450 sq ft
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Estimated monthly payments: $4,280/mo.* (recalculate)

Property InformationDescription

Once-in-a-Lifetime Opportunity to Own the Iconic Moonbow Building in Downtown Corbin!

This historic landmark is hitting the market for the first time, offering an incredible chance to own a piece of Corbin's rich history while benefiting from a property with multiple income streams. Perfectly situated in the heart of downtown, the building is known for its unbeatable visibility and as the renowned 'Moonbow Building.'

This property features a 3-year-old solar panel array valued at $50,000, which keeps utility bills impressively low, ranging from $200 to $1,200 in January. Utilities are included in the rent for tenants, making the property even more attractive and ensuring ease of management. A modern HVAC system and mechanical room further enhance comfort and efficiency. All spaces are currently rented, providing consistent income.

The first floor offers approximately 5,000 square feet of flexible commercial space. The open layout is designed to accommodate a variety of uses, such as retail, an event venue, or other business ventures. The space includes two open mezzanines, ADA-compliant male and female bathrooms, a full kitchen, and ample storage space. Access is provided The second floor, also approximately 5,000 square feet, features two high-end luxury furnished apartments with private and exclusive access from 2nd Street. Both units are currently rented, contributing to a steady revenue stream.

This property is low maintenance, energy-efficient, and ready to provide its next owner with unparalleled opportunities in one of the most desirable locations in town. Rent rolls and floor plans are available upon request. The lot size is based on an owner estimate and may not be accurate. Buyers are advised to verify the information.

Don't miss this rare opportunity to make the Moonbow Building yours and become part of Corbin's vibrant downtown community.
MORTGAGE CALCULATOR

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.14 Acres

MAP & DIRECTIONS

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115 South main Street, Corbin, KY 40701
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School Information

115 South main Street, Corbin, KY 40701

Elementary School
Grades KG-3 | Public School
CORBIN PRIMARY SCHOOL
Corbin, KY 40701
3551 5th Street Rd
606.­523.3638
Distance: 3.2 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
690
Elementary School
Grades 4-5 | Public School
CORBIN ELEMENTARY SCHOOL
Corbin, KY 40701
706 S Kentucky Ave
606.­528.4367
Distance: 0.3 mi
School Rating
A+
Student:Teacher Ratio
14:1
Total Students
367
Middle School
Grades 6-8 | Public School
CORBIN MIDDLE SCHOOL
Corbin, KY 40701
50 Ed McNeel Dr
606.­523.3619
Distance: 0.7 mi
School Rating
A+
Student:Teacher Ratio
16:1
Total Students
632
High School
Grades 9-12 | Public School
CORBIN HIGH SCHOOL
Corbin, KY 40701
1901 Snyder St
606.­528.3902
Distance: 1.0 mi
School Rating
B
Student:Teacher Ratio
18:1
Total Students
890
Other Nearby Schools Distance Type Grades School Rating
High School Homebound 0.2 mi Public 9-12
Elementary Homebound 0.2 mi Public KG-8
Southeast Kentucky Academy 0.2 mi Public 9-12
Corbin School Of Innovation 0.3 mi Public KG-12 D
Corbin Educational Center 0.4 mi Public 4-12
Corbin Area Technology Center 1.1 mi Public 8-12
Lynn Camp Schools 3.2 mi Public PK-12
Hunter Hills Elementary School 3.5 mi Public PK-5 A
Oak Grove Elementary School 4.7 mi Public PK-6 B+
Keavy Elementary School 5.5 mi Public PK-5 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Corbin, KY 40701

Median Age: 39.1
Married: 51%
Number of Households: 12,417
Households with Children: 37.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.