Multi-Building Commercial
50 E McLaughlin Ave Madisonville, KY 424321
50 E McLaughlin Ave, Madisonville, KY, 424321
$429,900
For Sale
$429,900
COMMERCIAL - Madisonville, KY
Property Size6,000 SF
Lot Size1.00 Acre
Price / SF$71.65
Days on Market123
Property Features for 50 E McLaughlin Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 1.00 Acre
Listing Agency
MY KY HOMES REALTY
(270) 339-3486
1350 S Main St, Madisonville, KY
Listed by
Bonita Thorp
(270) 812-0260
Added: Mar 19 Checked: Jul 19 at 3:06 pm
MLS# 121702
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 commercial property includes two buildings plus an adjoining vacant lot. The front building has a large showroom, two offices, a kitchen/break area, storage, and two bathrooms. It also features a heated bay area with two roll-up doors, providing practical space for work-in-progress operations or flexible storage. The second building is a newer, oversized pole barn with an open layout, concrete floors, electric service, and a large roll-up door. Plumbing is stubbed for a future bathroom.
The property is located at 50 E McLaughlin Ave in Madisonville, KY 424321, in zoning described as “C.” The listing notes the site’s high visibility and traffic exposure along the avenue, which can support a range of front-facing business uses.
With its showroom and office space in the first building and a functional roll-up-door warehouse-style structure in the second, the site is positioned to support multiple operating models, including retail, office, warehouse, or contractor use. The adjoining lot adds additional room that can be used for parking, equipment, or other growth planning, subject to zoning and approvals.
The property is located at 50 E McLaughlin Ave in Madisonville, KY 424321, in zoning described as “C.” The listing notes the site’s high visibility and traffic exposure along the avenue, which can support a range of front-facing business uses.
With its showroom and office space in the first building and a functional roll-up-door warehouse-style structure in the second, the site is positioned to support multiple operating models, including retail, office, warehouse, or contractor use. The adjoining lot adds additional room that can be used for parking, equipment, or other growth planning, subject to zoning and approvals.
Key Highlights
- Commercial property includes two buildings plus an adjoining vacant lot for expansion, parking, or future development
- Front building has a large showroom, 2 offices, kitchen/break area, storage, and 2 bathrooms
- Front building includes a heated bay area with two roll‑up doors
Local Financial Insights For Warehouse
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 | $36.0k | $6.00 |
| − Vacancy | −$2.9k | −$0.48 |
| EGI | $33.1k | $5.52 |
| − OpEx | −$5.0k | −$0.83 |
| NOI | $28.2k | $4.69 |
6,000 SF · lease $6.00/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Retail
$942.0K
$824.3K – $1.10M
NOI $65,941 @ 7.0% cap · market cap 15.34%
Second Best
Office B
$722.1K
$631.8K – $842.4K
NOI $50,544 @ 7.0% cap · market cap 11.76%
Theoretical Best
Office A
$1.01M
$885.6K – $1.18M
NOI $70,848 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
FAQs
What type of property is this?
Showroom - Two-building commercial site with a showroom, pole barn, and adjoining vacant lot for parking or expansion.
Where is this showroom located?
The property is located at 50 E McLaughlin Ave Madisonville, KY.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Commercial property includes two buildings plus an adjoining vacant lot for expansion, parking, or future development; Front building has a large showroom, 2 offices, kitchen/break area, storage, and 2 bathrooms; Front building includes a heated bay area with two roll‑up doors
