Office Building with Expansion
For Sale
$530,000
123 Waddill, Madisonville, KY 42431
Residential Income, Madisonville, KY
Property Size21,800 SF
Lot Size2.00 Acres
Price / SF$24.31
Days on Market584
Property Features for 123 Waddill
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C
Security features
Security System
Interior features
Handicap Access, Security System
Accessibility
Accessible Approach with Ramp
Directions
N Main - turn on Waddill. Building on LEFT.
Subdivision
1 - Madisonville
Standard status
Active
Size
21,800 SF
Lot size
2.00 Acres
Utilities
Heating system
Forced Air, Hot Water(Heating), Natural Gas
Cooling system
Electric, Central Air
Building Details
Year built
1920
Building materials
Brick
Roof type
Composition, Rolled Hot Mop
Listing Agency:
Coldwell Banker Complete Realty · Coldwell Banker Real Estate
(270) 821-3131
Listed By:
Cindy McKenzie
(270) 871-9954
Added: Jan 15, 2025
Changed: Aug 20
Last Checked: Aug 22 at 7:06PM
MLS# 116634
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 21,800-square-foot brick office property occupies 2 acres in Madisonville. Built in 1920, the building includes multiple large rooms that can support professional office layouts, along with updated office areas. The main building has been emptied and broom cleaned, while one room requires ceiling and floor repairs. Other reported features include a security system, handicap access, and a ramped approach.
The property is zoned C and includes additional ground around the existing improvements. Heating is provided by forced air, hot water, and natural gas systems; cooling is electric central air. The roof consists of composition and rolled hot-mop materials. The site is located at 123 Waddill in Madisonville, Kentucky, with parking serving the building.
The property is zoned C and includes additional ground around the existing improvements. Heating is provided by forced air, hot water, and natural gas systems; cooling is electric central air. The roof consists of composition and rolled hot-mop materials. The site is located at 123 Waddill in Madisonville, Kentucky, with parking serving the building.
Key Highlights
- 21,800‑square‑foot office building on 2 acres
- Zoned C for commercial use
- Built in 1920 with brick construction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,207
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?
Office building - Brick commercial property with adaptable office areas, accessible entry, and substantial on-site parking.
Where is this office building located?
The property is located at 123 Waddill Madisonville, KY.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 21,800‑square‑foot office building on 2 acres; Zoned C for commercial use; Built in 1920 with brick construction
