2035 Main StMadisonville, KY 42431

For Sale
$144,900
Prime 2.55-acre commercial lot, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 2.55-acre commercial land parcel presents a compelling investment opportunity in Madisonville, Kentucky. Strategically located on US 41-A (South Main Street), the property boasts 260 feet of frontage and a depth of 419 feet, ensuring high visibility and accessibility. Its prime location is further enhanced by its proximity to several high-traffic businesses, including a Dollar General store directly adjacent, and within a half-mile radius of Rural King, Dollar Tree, a Marketplace grocery store, and a Burger King. This ensures consistent traffic flow and strong potential for commercial development. The property benefits from easy access to I-69 in both directions, facilitating convenient transportation and logistics. All utilities are readily available on-site. Currently, a 1,560 square foot block building sits on the property, generating a monthly rental income of $825. However, it's important to note that the lease agreement includes a 60-day termination clause. The property is zoned for General Commercial use, offering flexibility for a wide range of commercial ventures. The asking price is $144,900, translating to $100,000 per acre, reflecting the property's exceptional location and development potential. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving Kentucky market. The property is owned by OFB Partners LLC.

Property Details for 2035 Main St

Property type
Land
Lot Size (sq. ft)
111,078 SF

Location Insight

City
Madisonville
County
Hopkins
State
Kentucky
Latitude
37.355709
Longitude
-87.4976704
2035 Main St, Madisonville, Kentucky

FAQs

What type of property is this?
Land - Prime 2.55-acre commercial lot, high traffic area.
Where is the land located?
The property is located at 2035 Main St Madisonville, KY.
What is the asking price?
The asking price for this property is $144,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2035 Main St
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