High-Traffic Frontage Commercial
For Sale
$174,000
810 S Main St., Madisonville, KY 42431
COMMERCIAL - Madisonville, KY
Property Size1,700 SF
Lot Size0.31 Acres
Price / SF$102.35
Days on Market450
Property Features for 810 S Main St.
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
South Main - From North Main, building is on the left.
Subdivision
1 - Madisonville
Standard status
Active
Size
1,700 SF
Lot size
0.31 Acres
Listing Agency:
HERITAGE HOMES REAL ESTATE
(270) 825-9090
Listed By:
Dean Sheets · License #205804
(270) 619-3117
Added: May 7, 2025
Changed: Jul 28
Last Checked: Jul 30 at 2:06PM
MLS# 116929
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 commercial building offers 1,700 square feet of space situated on a 0.31-acre lot. Based on the available description, the property is positioned for retail, office, or service-based uses, supported by its emphasis on high visibility and frequent daily exposure.
Located at 810 S Main St., Madisonville, KY 42431 in Hopkins County, the building is described as being on one of the busiest streets in the area. The listing highlights strong frontage for vehicle and pedestrian traffic, which can support storefront-oriented concepts and general business operations where visibility matters.
For prospective tenants or buyers, this is a straightforward, street-front commercial option with a compact footprint and a use profile that aligns with retail and professional services as outlined in the remarks.
Located at 810 S Main St., Madisonville, KY 42431 in Hopkins County, the building is described as being on one of the busiest streets in the area. The listing highlights strong frontage for vehicle and pedestrian traffic, which can support storefront-oriented concepts and general business operations where visibility matters.
For prospective tenants or buyers, this is a straightforward, street-front commercial option with a compact footprint and a use profile that aligns with retail and professional services as outlined in the remarks.
Key Highlights
- High‑traffic location on a busy street
- Excellent frontage and high visibility
- Suitable for retail, office, or service‑based businesses
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.5k | $14.40 |
| − Vacancy | −$5.4k | −$3.17 |
| EGI | $19.1k | $11.23 |
| − OpEx | −$4.8k | −$2.81 |
| NOI | $14.3k | $8.42 |
1,700 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$266.9K
$233.5K – $311.4K
NOI $18,683 @ 7.0% cap · market cap 10.74%
Second Best
Office B
$204.6K
$179.0K – $238.7K
NOI $14,321 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$286.8K
$250.9K – $334.6K
NOI $20,074 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
784
Businesses Nearby
Explore this area
Business Placement
Demographics for 42431, KY
26,566
Population
12,569
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
166.7 sq mi
ZIP Area
159
Density / Sq Mi
$57,529
Median Household Income
$37,671
Median Earnings
$858
Median Rent
$151,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial building of 1,700 SF on 0.31 acres with high-visibility frontage on S Main St in Madisonville.
Where is this retail space located?
The property is located at 810 S Main St. Madisonville, KY.
What is the asking price?
The asking price for this property is $174,000.
What are key features of this property?
This property features: High‑traffic location on a busy street; Excellent frontage and high visibility; Suitable for retail, office, or service‑based businesses
