New Opportunities in Industrial Properties - June 26, 2019
Kentucky River Properties recently purchased a former industrial complex in Perry County, Kentucky. The property comprises approximately 87 mostly flat acres with direct access to Kentucky Highway 15. The complex has two remaining large structures, one with approximately 62,000 square feet under roof, and the second with approximately 84,000 square feet under roof. These units have a ceiling height of approximately 25 to 35 feet. The offices for the larger building have just undergone renovation. These units are available for rent or lease.
Currently, a local lumber mill, BPM Lumber Company, is utilizing a small part of the property for a wood chipping facility and are purchasing pulpwood from local logging companies. BPM also uses the area as a satellite yard for their lumber mill operation in Whitesburg, KY.