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290,915± SF Cold Storage Facility 1270 KY-192 290,915 SF Industrial Building London, KY 40741 For Sale
INVESTMENT HIGHLIGHTS
- 290,915± SF facility with 78,396± SF of refrigerated/freezer capacity & 203,855± SF of dry warehouse
- Features 44 dock-high doors (nine refrigerated), t drive-ins, a 34’ clear height & four temperature zones (-20°, -10°, 28° & 38°)
- Located 2 miles from Interstate 75 at the corner of Route 192 & Barbourville Road, which is being transformed into US 25 via a $16 million project
- 23,310 pallet capacity of existing racking in place, comprising 16,460 capacity for dry storage & 6,850 for cold storage racking
- Fully fenced, 32.7± AC site with a shipping office, fuel station (16,000-gal), guardhouse, & parking for 35 powered & 55 unpowered trailers
- Adjacent 7± AC site is also available for sale
EXECUTIVE SUMMARY
1270 KY-192 is ideally positioned for operators expanding cold storage capacity, logistics providers seeking regional reach, or investors targeting long-term value in a growing market. Offers are due to Hilco Real Estate by September 19. On-site inspections will be held by appointment only.
Previously operated by wholesale grocery supplier Laurel Grocery, this 290,915± SF cold storage facility presents a rare opportunity to acquire a large-scale, food-grade asset in London, Kentucky, just minutes from Interstate 75. Built for efficiency, scale, and flexibility, the facility features multiple temperature zones with over 40,000± SF in the negative freezing temperature range, 7,735± SF of 28-degree storage, and 19,313± SF of 38-degree storage. The warehouse has 44 dock-high doors, nine of which are refrigerated loading docks, making it well-suited for a variety of cold chain and food distribution operations. 1270 KY-192 also has a 34’ clear height, two drive-in doors, and a wet/dry sprinkler system. The 32.7± AC fully fenced site includes a freestanding shipping office, a fuel station with a 16,000-gallon capacity, and a gated guard station. It has the parking capacity to accommodate 35 powered trailers and 55 unpowered trailers.
The subject property sits at the high-traffic corner of Route 192 and Barbourville Road, which is being upgraded and transformed into US Highway 25 as part of a $16 million expansion project by the Kentucky Transportation Cabinet. This project includes road widening, traffic diversion, and access improvements designed to relieve congestion and support ongoing growth along the corridor. Once complete, the newly constructed intersection is projected to carry up to 37,000 vehicles per day, significantly enhancing the property’s visibility and accessibility. Improvements will span from KY 229 to KY 1006, with future plans extending to US 25E.
London, Kentucky, located in the heart of Laurel County, sits strategically along Interstate 75, a major freight corridor connecting the Midwest to the Southeast. Positioned between Lexington and Knoxville, Tennessee, it offers efficient access to key regional markets and distribution networks. The area combines affordable land, a skilled workforce, and proximity to rural communities, making it an ideal location for food storage and logistics operations. With nearby distribution facilities such as Walmart’s London Distribution Center and continued industrial investment, London is emerging as a vital hub for supply chain activity in the region.
This sale also features approximately 7± AC of adjacent development land available separately, providing significant potential for retail, expansion to support warehousing and truck court space, or other commercial uses. Enquire now to learn more.
Hilco Real Estate, LLC, in cooperation with Mike Skees, KY Broker, Lic. #177649.
Previously operated by wholesale grocery supplier Laurel Grocery, this 290,915± SF cold storage facility presents a rare opportunity to acquire a large-scale, food-grade asset in London, Kentucky, just minutes from Interstate 75. Built for efficiency, scale, and flexibility, the facility features multiple temperature zones with over 40,000± SF in the negative freezing temperature range, 7,735± SF of 28-degree storage, and 19,313± SF of 38-degree storage. The warehouse has 44 dock-high doors, nine of which are refrigerated loading docks, making it well-suited for a variety of cold chain and food distribution operations. 1270 KY-192 also has a 34’ clear height, two drive-in doors, and a wet/dry sprinkler system. The 32.7± AC fully fenced site includes a freestanding shipping office, a fuel station with a 16,000-gallon capacity, and a gated guard station. It has the parking capacity to accommodate 35 powered trailers and 55 unpowered trailers.
The subject property sits at the high-traffic corner of Route 192 and Barbourville Road, which is being upgraded and transformed into US Highway 25 as part of a $16 million expansion project by the Kentucky Transportation Cabinet. This project includes road widening, traffic diversion, and access improvements designed to relieve congestion and support ongoing growth along the corridor. Once complete, the newly constructed intersection is projected to carry up to 37,000 vehicles per day, significantly enhancing the property’s visibility and accessibility. Improvements will span from KY 229 to KY 1006, with future plans extending to US 25E.
London, Kentucky, located in the heart of Laurel County, sits strategically along Interstate 75, a major freight corridor connecting the Midwest to the Southeast. Positioned between Lexington and Knoxville, Tennessee, it offers efficient access to key regional markets and distribution networks. The area combines affordable land, a skilled workforce, and proximity to rural communities, making it an ideal location for food storage and logistics operations. With nearby distribution facilities such as Walmart’s London Distribution Center and continued industrial investment, London is emerging as a vital hub for supply chain activity in the region.
This sale also features approximately 7± AC of adjacent development land available separately, providing significant potential for retail, expansion to support warehousing and truck court space, or other commercial uses. Enquire now to learn more.
Hilco Real Estate, LLC, in cooperation with Mike Skees, KY Broker, Lic. #177649.
SALE FLYER
PROPERTY FACTS
AMENITIES
- Cooler
- Freezer (Space)
- Security System
- Yard
- Storage Space
- Air Conditioning
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
267
4 h 59 m
Columbus
892,533
271
5 h 12 m
Charlotte
872,498
305
6 h 19 m
Chicago
2,705,994
449
8 h 27 m
Washington
702,455
534
10 h 9 m
Jacksonville
903,889
620
11 h 53 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
58,192
Total Labor Force
25,945
Unemployment Rate
5.58%
Median Household Income
$56,054
Warehouse Employees
5,111
High School Education Or Higher
82.80%
$ values in USD
NEARBY AMENITIES
RETAIL |
||
|---|---|---|
| FedEx Office | Business/Copy/Postal Services | 7 min walk |
| Family Dollar | Dollar/Variety/Thrift | 12 min walk |
HOTELS |
|
|---|---|
| Holiday Inn Express |
65 rooms
4 min drive
|
| Country Inn & Suites by Choice |
75 rooms
4 min drive
|
| Hampton by Hilton |
71 rooms
9 min drive
|
| Fairfield Inn |
71 rooms
8 min drive
|
PROPERTY TAXES
| Parcel Number | 063-00-00-017.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,256,488 CAD |
PROPERTY TAXES
Parcel Number
063-00-00-017.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,256,488 CAD
SALE ADVISORS
SALE ADVISORS
Stephen Madura, Senior Vice President
Steve brings extensive real estate marketing and transactional experience to Hilco Real Estate, having participated in the sale of over $500 million worth of properties across nearly every asset class during the course of his career. Steve oversees operations, marketing and execution of the asset sales team. His responsibilities include project management, deal structuring, detailed property valuation, market analysis and business development.
Steve has worked with individuals, investors, developers, financial institutions, REIT’s, hedge funds, private equity funds, homebuilders, the hospitality and golf industry, healthcare providers, business owners and corporate America as a real estate consultant and strategic advisor. Asset types have included multifamily, office, industrial, retail, hospitality, golf courses, development land and special use properties on behalf of high profile clients such as GE, Hostess, BMO Harris, Logan’s Roadhouse, Furniture Brands, First Midwest Bank, New Orleans Redevelopment Authority, ING/Clarion, Royal Bank of Canada, Banco Popular, National Retail Properties and the State of Illinois.
Steve is also active in the bankruptcy and restructuring space, representing debtors, secured creditors and trustees in both Chapter 11 and 7 proceedings throughout the United States. Notably, he was a key participant in the strategic sale of 140 properties across 34 states as part of the Hostess bankruptcy.
Prior to joining Hilco Real Estate, Steve held a senior project management position with Sheldon Good & Company structuring and executing accelerated marketing programs utilizing a variety of disposition methods. While at Sheldon Good, he was not only instrumental in the execution of many of the company’s largest auctions, but also in implementing technological changes to effectively streamline every stage of the sales process.
Steve holds a Bachelor of Arts degree from Brigham Young University. He is a licensed Real Estate Broker and Auctioneer in the State of Illinois. Steve contributes his time to many local organizations including the Boy Scouts of America, Feed My Starving Children and The First Tee of Aurora.
Steve has worked with individuals, investors, developers, financial institutions, REIT’s, hedge funds, private equity funds, homebuilders, the hospitality and golf industry, healthcare providers, business owners and corporate America as a real estate consultant and strategic advisor. Asset types have included multifamily, office, industrial, retail, hospitality, golf courses, development land and special use properties on behalf of high profile clients such as GE, Hostess, BMO Harris, Logan’s Roadhouse, Furniture Brands, First Midwest Bank, New Orleans Redevelopment Authority, ING/Clarion, Royal Bank of Canada, Banco Popular, National Retail Properties and the State of Illinois.
Steve is also active in the bankruptcy and restructuring space, representing debtors, secured creditors and trustees in both Chapter 11 and 7 proceedings throughout the United States. Notably, he was a key participant in the strategic sale of 140 properties across 34 states as part of the Hostess bankruptcy.
Prior to joining Hilco Real Estate, Steve held a senior project management position with Sheldon Good & Company structuring and executing accelerated marketing programs utilizing a variety of disposition methods. While at Sheldon Good, he was not only instrumental in the execution of many of the company’s largest auctions, but also in implementing technological changes to effectively streamline every stage of the sales process.
Steve holds a Bachelor of Arts degree from Brigham Young University. He is a licensed Real Estate Broker and Auctioneer in the State of Illinois. Steve contributes his time to many local organizations including the Boy Scouts of America, Feed My Starving Children and The First Tee of Aurora.
Chet Evans, Vice President
Chet joined HRE’s asset sales team in 2018, bringing more than 15 years’ experience in brokerage, property management and leasing. His extensive market knowledge and transactional expertise provide him with a unique combination of skills in planning and executing real estate sales.
In the course of his career Chet has completed 100+ sale and lease transactions as well as underwriting and due diligence for dozens of large-scale commercial properties nationwide. Some notable tenants Chet has worked with include the City of Chicago, Walgreens, DLA Piper, Ruth’s Chris Steakhouse, and Lettuce Entertain You Restaurants.
Prior to joining Hilco, Chet was with Millennium Properties in Chicago, and he previously worked as a commercial asset portfolio manager for Equity Residential (NYSE: EQR), a national apartment REIT. He also worked as a marketing and leasing broker for five office buildings in Chicago and Naperville for M&J Wilkow. Chet started his career as a Property Manager for Friedman Properties, managing over 1.5 million square feet in River North. Chet has also acted as an investment principal, purchasing and managing a portfolio of multi-family, office and retail properties.
Chet earned a Master’s Degree in Real Estate from Roosevelt University School of Business and a Bachelor’s Degree from Indiana University. He is a licensed Illinois Real Estate Broker.
In the course of his career Chet has completed 100+ sale and lease transactions as well as underwriting and due diligence for dozens of large-scale commercial properties nationwide. Some notable tenants Chet has worked with include the City of Chicago, Walgreens, DLA Piper, Ruth’s Chris Steakhouse, and Lettuce Entertain You Restaurants.
Prior to joining Hilco, Chet was with Millennium Properties in Chicago, and he previously worked as a commercial asset portfolio manager for Equity Residential (NYSE: EQR), a national apartment REIT. He also worked as a marketing and leasing broker for five office buildings in Chicago and Naperville for M&J Wilkow. Chet started his career as a Property Manager for Friedman Properties, managing over 1.5 million square feet in River North. Chet has also acted as an investment principal, purchasing and managing a portfolio of multi-family, office and retail properties.
Chet earned a Master’s Degree in Real Estate from Roosevelt University School of Business and a Bachelor’s Degree from Indiana University. He is a licensed Illinois Real Estate Broker.
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290,915± SF Cold Storage Facility | 1270 KY-192
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