Active

2550 Lone Oak Road

Paducah KY, 42003

$2,200,000


$152.49 per sqft

Active

14,427 sqft

Commercial

Income producing property in Lone Oak! Beautiful, well-kept established 33 room hotel one mile from I-24. Motel includes a 3 bedroom, 2 bath manager's apartment, 19 large kitchenettes, 11 studio suites, and 3 smaller rooms. 12 rooms have been remodeled (new floors and AC), new paint and a new stairwell in the back building. A new lock system has been installed also. Occupancy rate from Feb. - Nov. averages 75 - 80% and Dec. - Jan. averages 50% occupancy. Currently No 3rd party bookings or advertising. Potential to increase revenue. Great investment opportunity! Current owner wants to retire.

130298

MLSⓇ ID

January 27, 2025

Listed

February 21, 2025

Updated

Interior Features

Total Stories

2


Floor Description

Vinyl/Linoleum


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Features

County


Roof

Dimensional Shingle


Sewer

Public/Municipality

Other Property Details

Area Name

McCracken


Days on Market

17


Garage

No


View

No


County

McCracken


Water Source

Public/Municipality


Utilities

DSL/High Speed Internet, Garbage - Private, Street Lights

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