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1350 S Main Street, London, KY 40741

$725,000
  • 1350 S Main Street, London, KY 40741 Main Photo

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New to the Market Active
SQUARE FEET5,937 MLS#26015816
STATUS PROPERTY TYPECommercial - Business SUBDIVISIONCity Limits

Property 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.

1350 S Main Street | MLS# 26015816

This commercial property located at 1350 S Main Street, London, KY 40741 is currently listed for sale with an asking price of $725,000. Search London real estate on daniel.salliedavidson.com today.

Property Features

Property Type: Commercial - Business
Cooling: Wall Unit(s)
Heating: Ductless
Lot Size: 1.00 Acres
Year Built: 1971

Feature Descriptions

Business Type: Hotel/Motel, Mixed
Lot Dimensions: 1 acre(s)
Parcel #: 063-10-00-061.00
Utilities: Electricity Available, Natural Gas Not Available, Sewer Available, Water Available

Listed By / Shown By

Listed By

Agency Name: Keller Williams Legacy Group

Shown By

Agent Name: Daniel Carmack
Agent Phone: (606) 524-7894
Agency Title: SALLIE DAVIDSON, REALTORS

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