Multi-Building Commercial
538 E Center St. Madisonville, KY 42431
538 E Center St., Madisonville, KY, 42431
$1,000,000
For Sale
$1,000,000
COMMERCIAL - Madisonville, KY
Property Size5,500 SF
Lot Size1.99 Acres
Price / SF$181.82
Days on Market85
Property Features for 538 E Center St.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 1.99 Acres
Building Details
- Year built
- 2007
Listing Agency
HERITAGE HOMES REAL ESTATE
(270) 825-9090
843 HANSON ST, Madisonville, KY
Listed by
Maggie Sheets
(270) 836-5086
Added: Apr 27 Checked: Jul 20 at 9:06 am
MLS# 121827
Copyright © 2026 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale portfolio includes four large commercial buildings on a single parcel, presented in excellent condition with ample on-site parking to support a range of business uses. According to the public remarks, three of the four buildings are secured with established 5-year leases, creating an income stream that is intended to be stable for an investor. The fourth building is described as offering additional flexibility for an owner-user, or potential incremental income depending on how it is operated.
The property is located at 538 E Center St. in Madisonville, Kentucky, in an area described as having strong exposure and accessibility. The combination of multiple structures and on-site parking is designed to support day-to-day operations for tenants and visitors.
For tenants, this configuration may suit users looking for space within a multi-building commercial setting where parking and leased stability are built into the current structure. For buyers, the portfolio approach provides diversification across four buildings, with three properties already under 5-year leases and one additional building available for either continued use or owner-occupied operations. The seller’s remarks position the offering as a turnkey presentation with a maintained tenant base.
The property is located at 538 E Center St. in Madisonville, Kentucky, in an area described as having strong exposure and accessibility. The combination of multiple structures and on-site parking is designed to support day-to-day operations for tenants and visitors.
For tenants, this configuration may suit users looking for space within a multi-building commercial setting where parking and leased stability are built into the current structure. For buyers, the portfolio approach provides diversification across four buildings, with three properties already under 5-year leases and one additional building available for either continued use or owner-occupied operations. The seller’s remarks position the offering as a turnkey presentation with a maintained tenant base.
Key Highlights
- Commercial portfolio built in 2007 with four large commercial buildings.
- Three of the four buildings are secured with established 5‑year leases.
- Ample on‑site parking to support tenant and customer use.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Auto Spa by ...
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Specialty property - Four well-maintained commercial buildings with on-site parking, including three leased units under 5-year agreements.
Where is this specialty property located?
The property is located at 538 E Center St. Madisonville, KY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Commercial portfolio built in 2007 with four large commercial buildings.; Three of the four buildings are secured with established 5‑year leases.; Ample on‑site parking to support tenant and customer use.
