Hospitality

Richmond, KY Hospitality Properties for Sale

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52-Room Hotel with Conference Hall
Updated: Sep 17, 2025
52-Room Hotel with Conference Hall

230 Eastern lot: Bypass, Richmond, KY 40475

$1,800,000
16,280 sqft 2.28 AC lot
52‑room hotel on 2.28 acres
16,280 square feet; built in 1971
9,000‑square‑foot conference hall behind the hotel
One‑year contract with Travelodge by Wyndham
Single- and double‑bed rooms with microwaves and refrigerators
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52-Room Hotel with Conference Hall
Updated: Jul 26
52-Room Hotel with Conference Hall

230 Eastern, Richmond, KY 40475

$1,800,000
16,280 sqft
52‑room hotel at 230 Eastern, Richmond, KY 40475
16,280‑square‑foot property built in 1971
9,000 s.f. conference hall offered behind the hotel
One‑year contract signed with Travelodge by Wyndam
Guest rooms include Wi‑Fi, parking, microwaves, and refrigerators
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 22 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 1 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.

Furnished Farm Retreat Estate
Furnished Farm Retreat Estate

790 McSwain Branch Rd, Irvine, KY 40336

$3,995,000
9,721 sqft 290.00 AC lot

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

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Furnished Bed & Breakfast Estate
Furnished Bed & Breakfast Estate

790 McSwain Branch Road, Irvine, KY 40336

$3,995,000
9,721 sqft 290.00 AC lot

Furnished hospitality compound with cabins, a farmhouse, and a 2025 retreat center.

View details
Copper Creek Campground
Copper Creek Campground

4065 Copper Creek Road, Crab Orchard, KY 40419

$1,900,000
1,800 sqft 625.00 AC lot

Outdoor recreation property with campground facilities, ATV trails, and utility-supported RV sites.

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Copper Creek Campground
Copper Creek Campground

4065 Copper Creek Road, Crab Orchard, KY 40419

$1,900,000
625.00 AC lot

Established campground with RV and primitive sites, creek frontage, ATV trails, and operational support facilities.

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.

Recreational Land with Rock Formations
Recreational Land with Rock Formations

State Hwy 1050, Jeffersonville, KY 40337

$275,000
150.00 AC lot

Natural acreage with recorded easement access and outdoor recreation potential near State Hwy 1050.

View details

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

1698 Northgate Dr, Richmond, KY 40475-1066

Estimated value:
$1,575,000
13,200 sqft 1.40 AC lot
View details
2109 Belmont Dr
MOTEL

2109 Belmont Dr, Richmond, KY 40475-8689

Estimated value:
$1,750,000
23,750 sqft
View details
100 Eastern Byp
HOTEL

100 Eastern Byp, Richmond, KY 40475-2302

Estimated value:
$4,140,000
9,251 sqft
View details
230 Eastern Byp
MOTEL

230 Eastern Byp, Richmond, KY 40475-2331

Estimated value:
$435,000
16,280 sqft
View details
233 Churchill Dr
HOTEL/MOTEL

233 Churchill Dr, Richmond, KY 40475-3256

Estimated value:
$250,000
3,438 sqft
View details
206 Calumet Dr
HOTEL/MOTEL

206 Calumet Dr, Richmond, KY 40475-3261

Estimated value:
No data
2,772 sqft
View details
2006 Colby Taylor Dr
HOTEL

2006 Colby Taylor Dr, Richmond, KY 40475-8678

Estimated value:
$3,805,000
2.00 AC lot
View details
105 Killarney Ln
HOTEL

105 Killarney Ln, Richmond, KY 40475-3525

Estimated value:
No data
1,771 sqft 2.88 AC lot
View details
100 Interstate Dr
Individual retail properties

100 Interstate Dr, Richmond, KY 40475

Estimated value:
No data
2.33 AC lot
View details
1688 Northgate Dr
MOTEL

1688 Northgate Dr, Richmond, KY 40475-1066

Estimated value:
No data
View details
107 Keeneland Dr
MOTEL

107 Keeneland Dr, Richmond, KY 40475-8687

Estimated value:
$1,240,000
21,696 sqft 1.93 AC lot
View details
1990 Colby Taylor Dr
HOTEL/MOTEL

1990 Colby Taylor Dr, Richmond, KY 40475-8844

Estimated value:
No data
51,962 sqft 1.94 AC lot
View details
3019 Berea Rd
HOTEL/MOTEL

3019 Berea Rd, Richmond, KY 40475-7715

Estimated value:
$80,000
1.71 AC lot
View details
2023 Berea Rd
MOTEL

2023 Berea Rd, Richmond, KY 40475-7400

Estimated value:
No data
View details
1099 Barnes Ml Rd
HOTEL/MOTEL

1099 Barnes Ml Rd, Richmond, KY 40475-8772

Estimated value:
No data
49,563 sqft 2.21 AC lot
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 32,560 square feet of properties for sale, with an estimated market value of $3,600,000.

Sale prices for hospitality properties in Richmond, KY average $1,800,000 — 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 2

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 $1.8M

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)

Average Property Price per SF

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

Residential Income

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