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46-Unit Motel with Owner’s Quarters
For Sale
$400,000

1798 S Wilderness Road, Mount Vernon, KY 40456

Commercial Sale, Mt Vernon, KY

Property Size19,968 SF
Lot Size1.40 Acres
Price / SF$20.03
Days on Market101

Property Features for 1798 S Wilderness Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 50
Parking features Open
Subdivision Commercial
Directions Situated close to I75(also close to Renfro Valley Entertainment Center and Kentucky Music Hall of Fame) I75 exit 59 Mount Vernon/Livingston , turn right off of the exit and the motel will be on the left.
Special listing conditions Auction
Standard status Active
APN 046E-00-041.01
Size 19,968 SF
Lot size 1.40 Acres

Utilities

Utilities Propane
Heating system Propane (Heating), Electric (Heating)
Cooling system Zoned

Amenities

security cameras
individual heat/air units
storage building

Building Details

Floors in Building 2
Roof type Rubber
Listing Agency: High Point Realty & Auction
Listed By: Kenneth Degrant · License #244885
Added: Jun 18 Changed: Sep 16 Last Checked: Sep 26 at 2:06AM
MLS# 26014158

Copyright © 2026 ImagineMLS. 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 46-unit motel contains 45 guest rooms, including 33 rooms with one king bed and 12 rooms with two queen beds. A separate housekeeper room includes a kitchen, while attached owner’s quarters provide 3 bedrooms and 2 bathrooms. The property totals 19,968 square feet on 1.4 acres. Front units were renovated in 2018, with some back units also renovated. Individual heat and air serve each unit, and operating motel equipment remains with the property.

The motel is located near I-75 in Mt. Vernon, Kentucky. Site improvements include a blacktop paved parking lot, an on-site storage building, security cameras, KU electric service, propane, zoned cooling, and a rubber roof. Access is provided through a 30ft easement referenced in the previous title.

Key Highlights

  • 46‑unit motel with 45 guest rooms and attached owner’s quarters
  • Room mix includes 33 king rooms and 12 rooms with 2 queen beds
  • Owner’s quarters include 3 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Computer & Electronic Repair Auto Parts Store Home Appliance Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40456, KY

8,949
Population
4,111
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
162.8 sq mi
ZIP Area
55
Density / Sq Mi
$46,879
Median Household Income
$40,494
Median Earnings
$678
Median Rent
$140,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • Quality Inn — 2184 S Wilderness Rd, Mt Vernon, KY 40456
  • Kastle Inn Motel — 2184 S Wilderness Rd, Mt Vernon, KY 40456
  • OYO Hotel Mt. Vernon KY I-75 — 1798 S Wilderness Rd, Mt Vernon, KY 40456
  • Budget Inn Express — 1798 s wilderness rd, mt vernon, ky 40456

Frequently Asked Questions

What type of property is this?
Motel - Motel includes guest accommodations, on-site quarters, equipment, and individual heating and cooling.
Where is this motel located?
The property is located at 1798 S Wilderness Road Mount Vernon, KY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 46‑unit motel with 45 guest rooms and attached owner’s quarters; Room mix includes 33 king rooms and 12 rooms with 2 queen beds; Owner’s quarters include 3 bedrooms and 2 bathrooms
More about this property
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