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5531 Athens Boonesboro Rd Lexington, KY 40509

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For Sale
$2,900,000

59-room hotel with recent renovations and strong location.

Type:Hospitality
Property size:
36,327 SF
Lot size:
1.90 Acres
Added:
Mar 3, 2026
Days on Market:
29
Last Refresh:
Mar 16 at 2:00 pm

Property Features for 5531 Athens Boonesboro Rd

General Information

Standard status
Active
Size
36,327 SF
Lot size
1.90 Acres
Property subtype
Hospitality

Building Details

Year Built
1995

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Listing Contact
Krisi Patel

Listing agent Krisi Patel License #30210

Listing office Keller Williams Realty Louisville

Listing date Mar 3, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Louisville


Overview

Lexington Hospitality Asset For Sale

The hospitality asset at 5531 Athens Boonesboro Rd, Lexington, KY 40509, is a nationally affiliated hotel opportunity located in a strong commercial corridor. Constructed in 1995, this interior corridor property features 59 guest rooms and underwent a comprehensive Property Improvement Plan (PIP) in 2021 to meet current brand standards. The hotel includes updated guest rooms and refreshed common areas, along with a fitness center, a complimentary breakfast area, and an indoor pool. The property is located directly off I-75, providing visibility and accessibility. It is near Lexington’s new professional soccer stadium and less than seven miles from Downtown Lexington, placing it near the University of Kentucky, medical facilities, equine industry operations, retail centers, and regional tourism attractions. The property sits on approximately 1.9 acres and is zoned B-5, allowing continued hospitality use. The asset benefits from brand recognition, an established reservation system, and a customer base that supports occupancy and revenue performance. This offering represents a value-add hospitality opportunity with an anticipated opportunity for future brand conversion that may allow for strategic repositioning and enhanced revenue potential. The property size is 36327 square feet.
Location Intelligence

Current Use by Public Records

Comfort Inn Hamburg ... Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Food Market Accounting Firm Department Store Bar & Pub

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

Location Insight

  • Map
  • Local Demand
City
Lexington
County
Fayette
State
Kentucky
Longitude
-84.384719
Latitude
37.957788

FAQs

What type of property is this?
Hotel - 59-room hotel with recent renovations and strong location.
Where is this hotel located?
The property is located at 5531 Athens Boonesboro Rd Lexington, KY.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Nationally affiliated hotel with recent 2021 PIP ensuring modern brand standards.; Strategically located directly off I‑75, near Lexington's new soccer stadium and less than 7 miles from Downtown Lexington, providing excellent visibility and accessibility.; Features 59 updated guest rooms, refreshed common areas, fitness center, complimentary breakfast area, and indoor pool.
More about this property
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