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    Updated School-to-Office Facility Title is generated by Realmo AI

    123 Waddill, Madisonville, KY 42431

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    For Sale
    $579,000

    COMMERCIAL - Madisonville, KY

    Property size:
    21,800 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $26/SF
    Added:
    Jun 4, 2024
    Days on Market:
    737
    Last Refresh:
    Jun 10 at 1:06 am

    Property Features for 123 Waddill

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C
    Standard status
    Active
    Size
    21,800 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    1920

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    Listing Contact
    Cindy McKenzie

    Listing agent Cindy McKenzie

    Listing office Coldwell Banker Complete Realty 1096 N MAIN, MADISONVILLE, KY

    Listing date Jun 4, 2024

    MLS# 115057

    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.

    HighLights

    • 1920‑built school building on 2 acres, with options for residential use (with condition use permit) or professional office/venue
    • 2–4 professional offices have been updated and are rented now
    • Offices are 40 x 26‑sized rooms
    • Main school area has been emptied and broom cleaned
    • Asbestos has been removed correctly from the school area
    • Separate lot fronts N. Franklin Ave. Dr and does not have the medical profession restrictions for this property

    Overview

    This property sits on approximately 2 acres and includes a school building area that has been emptied and broom cleaned. Portions of the building have updated professional offices, with office rooms described as 40 by 26 feet. The listing notes that any asbestos in the school area has been removed correctly, and the space is configured with large rooms that could support multiple layouts, including professional offices or studio-style use.

    The site is described as capable of accommodating residential use with a condition use permit, as well as professional office building or venue and conference room use for meetings. The ground-level layout is presented as having room to build all around, and the property is associated with lots of parking. The information also references a separately held lot fronting N. Franklin Ave., Dr., which is described as not having the medical profession restrictions applied to this property.

    For tenants, buyers, or operators, the practical draw is the mix of ready-to-use office configurations alongside larger room footprints that can be adapted for office teams, meeting needs, or related venue use, supported by the reported asbestos remediation and existing office updates. The listing also indicates offices could be started ASAP based on the work already completed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waddill School Coworking & Hybrid Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Hopkins
    State
    Kentucky
    Longitude
    -87.495071
    Latitude
    37.334006

    FAQs

    What type of property is this?
    School - Updated offices and removed asbestos support flexible use, including professional office space and event or meeting rooms.
    Where is this school located?
    The property is located at 123 Waddill Madisonville, KY.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: 1920‑built school building on 2 acres, with options for residential use (with condition use permit) or professional office/venue; 2–4 professional offices have been updated and are rented now; Offices are 40 x 26‑sized rooms
    More about this property
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