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Richmond, KY Hotels 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 in Richmond, KY
9,000‑square‑foot conference hall behind the hotel
One‑year contract signed with Travelodge by Wyndham
Guest rooms include Wi‑Fi, microwaves, refrigerators, and daily maid service
Wheelchair‑accessible common areas and exterior surveillance
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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 14 Potential Opportunities for your consideration. Besides 2 Active listings in Richmond, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Hospitality Property with 41 Rooms
Hospitality Property with 41 Rooms

182 Quillen Chapel Road, Campton, KY 41301

$2,300,000
12,000 sqft 4.70 AC lot

Hospitality property offering 41 guest rooms, EV charging, expansive parking, and an outdoor pavilion off the Mountain Parkway.

View details
Hotel with Outdoor Pavilion
Hotel with Outdoor Pavilion

182 Quillen Chapel Rd, Campton, KY 41301

$2,300,000
12,000 sqft

Hotel offering 41 guest rooms, EV charging, extensive parking, and an outdoor pavilion for group stays and events.

View details
Lexington Hospitality Asset For Sale
Lexington Hospitality Asset For Sale

5531 Athens Boonesboro Rd, Lexington, KY 40509

$2,900,000
36,327 sqft 1.90 AC lot

59-room hotel with recent renovations and strong location.

View details
Select-Service Hotel for Sale
Select-Service Hotel for Sale

2211 Elkhorn Rd, Lexington, KY 40505

Contact for pricing

Fee simple sale of an 84-room Fairfield Inn & Suites Lexington East I-75 select-service hotel.

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.

100 Eastern Byp
HOTEL

100 Eastern Byp, Richmond, KY 40475-2302

$4,140,000
Estimated value
9,251 sqft
View details
233 Churchill Dr
HOTEL/MOTEL

233 Churchill Dr, Richmond, KY 40475-3256

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

206 Calumet Dr, Richmond, KY 40475-3261

Value Estimation by Request
2,772 sqft
View details
2006 Colby Taylor Dr
HOTEL

2006 Colby Taylor Dr, Richmond, KY 40475-8678

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

105 Killarney Ln, Richmond, KY 40475-3525

Value Estimation by Request
1,771 sqft 2.88 AC lot
View details
1990 Colby Taylor Dr
HOTEL/MOTEL

1990 Colby Taylor Dr, Richmond, KY 40475-8844

Value Estimation by Request
51,962 sqft 1.94 AC lot
View details
3019 Berea Rd
HOTEL/MOTEL

3019 Berea Rd, Richmond, KY 40475-7715

$80,000
Estimated value
1.71 AC lot
View details
1099 Barnes Ml Rd
HOTEL/MOTEL

1099 Barnes Ml Rd, Richmond, KY 40475-8772

Value Estimation by Request
49,563 sqft 2.21 AC lot
View details

Richmond, KY Hotels Market Trends and Statistics

Explore 10 hotels 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 resorts 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
Bed & breakfasts 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 $1.8M

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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