Hospitality

Lexington, KY Hospitality Properties for Sale

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Lexington Hospitality Asset For Sale
Updated: Mar 2
Lexington Hospitality Asset For Sale

5531 Athens Boonesboro Rd, Lexington, KY 40509

$2,900,000
36,327 sqft 1.90 AC lot
Nationally affiliated hotel with recent 2021 PIP ensuring modern brand standards.
Strategically located directly off I‑75, near Lexington's new soccer stadium and less than 7 miles from Downtown Lexington, providing excellent visibility and accessibility.
Features 59 updated guest rooms, refreshed common areas, fitness center, complimentary breakfast area, and indoor pool.
Strong operational foundation with limited near‑term capital expenditure requirements.
Benefits from brand recognition, an established reservation system, and a loyal customer base.
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See hot listings in Lexington

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

26-Room Motel with Manager’s Suite
26-Room Motel with Manager’s Suite

1075 Richmond Road, Irvine, KY 40336

$1,050,000
16,050 sqft 0.94 AC lot

Updated hospitality property with open parking and a dedicated manager’s suite in Irvine.

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Updated 26-Room Motel
Updated 26-Room Motel

1075 Richmond Rd, Irvine, KY 40336

$1,050,000
16,050 sqft

Includes a private manager’s suite near Lily Mountain Nature Preserve and the Kentucky River.

View details
52-Room Hotel with Conference Hall
52-Room Hotel with Conference Hall

230 Eastern, Richmond, KY 40475

$1,800,000
16,280 sqft

Operating lodging property with daily maid service, guest Wi-Fi, parking, in-room microwaves and refrigerators, and accessible common areas.

View details
52-Room Hotel with Conference Hall
52-Room Hotel with Conference Hall

230 Eastern lot: Bypass, Richmond, KY 40475

$1,800,000
16,280 sqft 2.28 AC lot

Guest amenities include Wi-Fi, parking, refrigerators, microwaves, and daily maid service.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land
Corner Commercial Land

103 Carlton Crossing, Lawrenceburg, KY 40342

$599,900
0.90 AC lot

Commercial parcel within a developed business setting with utilities and roadway improvements in place.

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Highway-Frontage Commercial Land
Highway-Frontage Commercial Land

111 Carlton Crossing, Lawrenceburg, KY 40342

$997,900
4.14 AC lot

Developed commercial site with utilities, roadway access, and planned turn movements.

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Commercial Land at Highway Corner
Commercial Land at Highway Corner

102 Carlton Crossing, Lawrenceburg, KY 40342

$524,900
0.94 AC lot

Commercial land with city utilities, internal streets, and access to two state highways.

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Corner Commercial Land
Corner Commercial Land

102 Carlton Crossing, Lawrenceburg, KY 40342

$524,900
0.94 AC lot

Served by developed streets, turn lanes, a median cut, and municipal utilities.

View details

Off-Market Properties in Lexington, KY

Consider similar Off-Market properties in Lexington, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3050 Lakecrest Cir
HOTEL/MOTEL

3050 Lakecrest Cir, Lexington, KY 40513-1706

Estimated value:
$4,325,000
32,973 sqft 1.44 AC lot
View details
4174 Rowan, Unit 100
HOTEL/MOTEL

4174 Rowan, Lexington, KY 40517-8391

Unit 100
Estimated value:
$137,000,000
View details
1987 Broadway
HOTEL/MOTEL

1987 Broadway, Lexington, KY 40505-1539

Estimated value:
$4,945,000
47,506 sqft 5.80 AC lot
View details
3575 Tates Crk Rd
HOTEL/MOTEL

3575 Tates Crk Rd, Lexington, KY 40517-2617

Estimated value:
$4,840,000
30,940 sqft 2.47 AC lot
View details
2211 Elkhorn Rd
HOTEL/MOTEL

2211 Elkhorn Rd, Lexington, KY 40505-4837

Estimated value:
$2,520,000
49,744 sqft 1.73 AC lot
View details
775 Newtown Ct
HOTEL/MOTEL

775 Newtown Ct, Lexington, KY 40511-1252

Estimated value:
$6,000,000
87,910 sqft 7.55 AC lot
View details
1080 Newtown Pike
HOTEL/MOTEL

1080 Newtown Pike, Lexington, KY 40511-1212

Estimated value:
$5,700,000
4,452 sqft 2.88 AC lot
View details
2753 Richmond Rd
HOTEL/MOTEL

2753 Richmond Rd, Lexington, KY 40509-1504

Estimated value:
No data
12,200 sqft 2.55 AC lot
View details
2251 Elkhorn Rd
HOTEL/MOTEL

2251 Elkhorn Rd, Lexington, KY 40505-4813

Estimated value:
$8,370,000
64,109 sqft 2.31 AC lot
View details
2297 Executive Dr
HOTEL/MOTEL

2297 Executive Dr, Lexington, KY 40505-4809

Estimated value:
$5,460,000
32,664 sqft 1.40 AC lot
View details
2370 Lk Park Rd
HOTEL/MOTEL

2370 Lk Park Rd, Lexington, KY 40502-6603

Estimated value:
No data
182,704 sqft 1.98 AC lot
View details
1973 Plaudit Pl
HOTEL/MOTEL

1973 Plaudit Pl, Lexington, KY 40509-2418

Estimated value:
$11,400,000
53,491 sqft 2.68 AC lot
View details
249 Ruccio Way
HOTEL/MOTEL

249 Ruccio Way, Lexington, KY 40503-3584

Estimated value:
$13,190,000
58,456 sqft 2.57 AC lot
View details
5556 Versailles Rd
HOTEL/MOTEL

5556 Versailles Rd, Lexington, KY 40510-9746

Estimated value:
$3,015,000
15,168 sqft 6.38 AC lot
View details
5531 Athens Boonesboro Rd
HOTEL/MOTEL

5531 Athens Boonesboro Rd, Lexington, KY 40509-9491

Estimated value:
$3,290,000
24,474 sqft 1.98 AC lot
View details
3060 Fieldstone Way
HOTEL/MOTEL

3060 Fieldstone Way, Lexington, KY 40513-1717

Estimated value:
$5,080,000
44,600 sqft 1.52 AC lot
View details
535 Waller Ave
HOTEL/MOTEL

535 Waller Ave, Lexington, KY 40504-2736

Estimated value:
$1,490,000
46,639 sqft 1.90 AC lot
View details
345 Vine St
HOTEL/MOTEL

345 Vine St, Lexington, KY 40507-1615

Estimated value:
$170,000
278,944 sqft 0.75 AC lot
View details
501 Waller Ave
HOTEL/MOTEL

501 Waller Ave, Lexington, KY 40504-2736

Estimated value:
$885,000
57,625 sqft 1.95 AC lot
View details
1920 Stanton Way
HOTEL/MOTEL

1920 Stanton Way, Lexington, KY 40511-1351

Estimated value:
$2,975,000
57,324 sqft 2.60 AC lot
View details
1980 Haggard Ct
HOTEL/MOTEL

1980 Haggard Ct, Lexington, KY 40505-1534

Estimated value:
$2,975,000
17,184 sqft 2.78 AC lot
View details
5532 Athens Boonesboro Rd
HOTEL/MOTEL

5532 Athens Boonesboro Rd, Lexington, KY 40509-9491

Estimated value:
$1,910,000
99,727 sqft 5.85 AC lot
View details
444 Pkwy Dr
HOTEL/MOTEL

444 Pkwy Dr, Lexington, KY 40504-2710

Estimated value:
$4,060,000
40,604 sqft 1.28 AC lot
View details

Lexington, KY Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in Lexington, KY on our real estate platform. These investment opportunities span a total of 36,327 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for hospitality properties in Lexington, KY average $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 322K
Population Growth (5Y) +1.0%
Median Household Income $71,202
College Educated 25.6%

Taxes & Financing

Tax Rate (average for all types) 1.22%
Property Tax per SF $11.25 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fayette County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Fayette County

Retail

Office

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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