538 E Center St., Madisonville, KY 42431

Building Details

Year built

2007

Listing agent Maggie Sheets Show Phone

Listing office HERITAGE HOMES REAL ESTATE d***@msn.com 843 HANSON ST, Madisonville, KY Show Phone

Listing date Apr 27, 2026

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MLS# 121827

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.

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Overview

This for-sale portfolio includes four large commercial buildings on a single parcel, presented in excellent condition with ample on-site parking to support a range of business uses. According to the public remarks, three of the four buildings are secured with established 5-year leases, creating an income stream that is intended to be stable for an investor. The fourth building is described as offering additional flexibility for an owner-user, or potential incremental income depending on how it is operated.

The property is located at 538 E Center St. in Madisonville, Kentucky, in an area described as having strong exposure and accessibility. The combination of multiple structures and on-site parking is designed to support day-to-day operations for tenants and visitors.

For tenants, this configuration may suit users looking for space within a multi-building commercial setting where parking and leased stability are built into the current structure. For buyers, the portfolio approach provides diversification across four buildings, with three properties already under 5-year leases and one additional building available for either continued use or owner-occupied operations. The seller’s remarks position the offering as a turnkey presentation with a maintained tenant base.

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

-87.48893

Latitude

37.326179

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FAQs

What type of property is this?

Specialty property - Four well-maintained commercial buildings with on-site parking, including three leased units under 5-year agreements.

Where is this specialty property located?

The property is located at 538 E Center St. Madisonville, KY.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Commercial portfolio built in 2007 with four large commercial buildings.; Three of the four buildings are secured with established 5‑year leases.; Ample on‑site parking to support tenant and customer use.