Richmond, KY
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    Richmond, KY Hospitality Properties for Sale

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    Berea, KY Lexington, KY Waco, KY
    Richmond Hotel in High Traffic
    $2,000,000
    16,280 SF
    Richmond Hotel in High Traffic

    230 Eastern lot: Bypass, Richmond, KY 40475

    52-room hotel in Richmond, Kentucky, a turnkey business opportunity.
    • Turn‑key 52‑room hotel in a high‑traffic area of Richmond.
    • New 1‑year contract with Travelodge by Wyndham is in place.
    • Includes free Wi‑Fi, free parking, microwave, refrigerator, and daily maid service.
    • Wheelchair access to common areas and exterior surveillance.
    • 9,000 s.f. conference hall available for purchase, potentially as a package on the same deed.
    Updated: Sep 17, 2025
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    Waterfront Campground Land Retreat
    $195,000
    3.15 Acres
    Waterfront Campground Land Retreat

    3492 River Drive, Richmond, KY 40475

    Waterfront Kentucky River property with camper pads, dock, and improvements for on-site recreation and camping.
    • 3.15‑acre private waterfront retreat on the Kentucky River in North Madison County
    • Approx. 32‑foot boat dock plus 14‑foot jon boat with 9.9 Evinrude gas‑powered motor
    • 3‑year‑old gang plank and large metal shelter in excellent condition
    • Two fully equipped camper pads with water/electric/septic
    • 28‑foot Wildwood camper plus big storage shed that could be converted to a small cabin
    Updated: Jul 18, 2025
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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

    Updated 26-Room Motel
    $1,200,000
    16,050 SF
    Updated 26-Room Motel

    Private manager suite within an updated 26-room motel, offered turnkey for hospitality operators in Irvine, Kentucky.

    1075 Richmond Road, Irvine, KY 40336

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    Mixed-Use Gem in Downtown Lexington
    $6,500,000
    18,032 SF
    Mixed-Use Gem in Downtown Lexington

    Four-story mixed-use property in the heart of downtown Lexington.

    144 N Broadway, Lexington, KY 40507

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    Furnished Farm Retreat Estate
    $4,250,000
    9,721 SF
    Furnished Farm Retreat Estate

    Turnkey hospitality compound with multiple furnished cabins, farmhouse, and a 2025 retreat center designed for guest stays.

    790 Mcswain Branch Rd, Irvine, KY 40336

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    Lexington Hospitality Asset For Sale
    $2,900,000
    36,327 SF
    Lexington Hospitality Asset For Sale

    59-room hotel with recent renovations and strong location.

    5531 Athens Boonesboro Rd, Lexington, KY 40509

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    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.

    Mt Sterling Commercial Land Parcel
    $82,000
    0.51 Acres
    Mt Sterling Commercial Land Parcel

    0.51-acre parcel zoned for business, retail, and housing.

    68 Enterprise Drive, Mt Sterling, KY 40353

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    Danville Land For Sale
    $2,744,000
    34.30 Acres
    Danville Land For Sale

    34 acre commercial land tract with highway business zoning.

    Perryville Road, Danville, KY 40422

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    Stanton, KY Land for Sale
    $199,000
    20.95 Acres
    Stanton, KY Land for Sale

    20.95 acres near Red River Gorge, ideal for development.

    High Rock Road lot: 1,2,3,4, Stanton, KY 40380

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    Land Near Red River Gorge
    $175,000
    3.00 Acres
    Land Near Red River Gorge

    3-acre property near Daniel Boone National Forest with great potential.

    960 High Rock, Stanton, KY 40380

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    Off-Market Properties in Richmond, KY

    Consider similar Off-Market properties in Richmond, 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.

    1698 Northgate Dr
    MOTEL
    13,200 SF Lot: 1.40 Acres
    Estimated value
    $1,575,000

    1698 Northgate Dr, Richmond, KY 40475-1066

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    2109 Belmont Dr
    MOTEL
    23,750 SF
    Estimated value
    $1,700,000

    2109 Belmont Dr, Richmond, KY 40475-8689

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    100 Eastern Byp
    HOTEL
    9,251 SF
    Estimated value
    $4,025,000

    100 Eastern Byp, Richmond, KY 40475-2302

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    230 Eastern Byp
    MOTEL
    16,280 SF

    230 Eastern Byp, Richmond, KY 40475-2331

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    233 Churchill Dr
    HOTEL/MOTEL
    3,438 SF
    Value Estimation by Request

    233 Churchill Dr, Richmond, KY 40475-3256

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    206 Calumet Dr
    HOTEL/MOTEL
    2,772 SF
    Value Estimation by Request

    206 Calumet Dr, Richmond, KY 40475-3261

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    2006 Colby Taylor Dr
    HOTEL
    Lot: 2.00 Acres
    Value Estimation by Request

    2006 Colby Taylor Dr, Richmond, KY 40475-8678

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    105 Killarney Ln
    HOTEL
    1,771 SF Lot: 2.88 Acres
    Value Estimation by Request

    105 Killarney Ln, Richmond, KY 40475-3525

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    100 Interstate Dr
    Individual retail properties
    Lot: 2.33 Acres
    Value Estimation by Request

    100 Interstate Dr, Richmond, KY 40475

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    1688 Northgate Dr
    MOTEL
    Value Estimation by Request

    1688 Northgate Dr, Richmond, KY 40475-1066

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    107 Keeneland Dr
    MOTEL
    21,696 SF Lot: 1.93 Acres
    Value Estimation by Request

    107 Keeneland Dr, Richmond, KY 40475-8687

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    1990 Colby Taylor Dr
    HOTEL/MOTEL
    51,962 SF Lot: 1.94 Acres
    Value Estimation by Request

    1990 Colby Taylor Dr, Richmond, KY 40475-8844

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    3019 Berea Rd
    HOTEL/MOTEL
    Lot: 1.71 Acres
    Value Estimation by Request

    3019 Berea Rd, Richmond, KY 40475-7715

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    2023 Berea Rd
    MOTEL
    Value Estimation by Request

    2023 Berea Rd, Richmond, KY 40475-7400

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    1099 Barnes Ml Rd
    HOTEL/MOTEL
    49,563 SF Lot: 2.21 Acres
    Value Estimation by Request

    1099 Barnes Ml Rd, Richmond, KY 40475-8772

    View details

    Richmond, KY Hospitality Properties Market Trends and Statistics

    Explore 17 hospitality properties for sale in Richmond, KY on our real estate platform. These investment opportunities span a total of 16,280 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for hospitality properties in Richmond, KY start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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

    Campgrounds 1
    Hotels 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) +5.8%
    Median Household Income $62,731
    College Educated 26.2%

    High-Yield Neighborhoods for Investment

    Identify Richmond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40475 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $5.99 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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