Map
Listed price in listed location currency (USD).
$725,000

000

MLS® 26015816

Overview

Key Facts

Type 
Levels Commercial Sale
Size 5937 sqft
Garage 
Taxes 
Days Active 17
Lot Size 1 Acres
Approx. Age 1971
Avg. Price Per Sqft $122
MLS® Number 26015816

Property Address: 1350 S Main St, London, KY, 40741-2034

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this exceptional investment opportunity! This 16-room hotel sits on approximately 1 acre of commercially zoned property with outstanding frontage on a major roadway within city limits, offering excellent visibility and long-term growth potential. located just 2.3 miles from I-75 interstate. The property is currently leased under a 5-year Triple Net (NNN) lease, providing a stable income stream while minimizing owner responsibilities. With the current lease in place, the rental income is designed to cover the property's carrying costs, making this an attractive opportunity for investors seeking immediate cash flow. Beyond its current income, this property offers tremendous long-term potential. Its prime location, generous lot size, and increasing demand for well-positioned commercial real estate make it a valuable addition to any investment portfolio. Continue operating under the existing lease, or explore future redevelopment and business opportunities as the area continues to grow. Whether you're a seasoned investor or looking to diversify your portfolio, this property combines reliable income today with strong appreciation potential for tomorrow. Invest in a property that offers income today and exciting possibilities for the future. Prior to the 5 year current lease, the property was cash flowing itself as monthly room rentals. As inflation keeps increasing, the demand for economy style monthly rentals increase as well.
MLS® Number26015816
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1971
Basement
Driveway
Garage Spaces
HeatDuctless
A/CWall Unit(s)

Extras

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