Central City Motel For
606 S 2nd Street Central City, KY 42330
606 S 2nd Street, Central City, KY, 42330
$1,350,000
For Sale
$1,350,000
COMMERCIAL - Central City, KY
Property Size1,929 SF
Lot Size1.35 Acres
Price / SF$699.84
Days on Market145
Property Features for 606 S 2nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- APN
- 142-03-03-030
- Size
- 1,929 SF
- Lot size
- 1.35 Acres
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Multi Units
Building Details
- Year built
- 1962
- Floors in Building
- 1
Listing Agency
Godby Realty & Auction
(606) 678-8189
340 Clifty Street Suite 1, Somerset, KY
Listed by
Ronald Gibson · License #179538
(480) 221-3717
Added: Feb 23 Checked: Jul 18 at 12:06 am
MLS# 26003220
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Investment Insights
Based on property information with market context.
This motel offers accommodations with complimentary high-speed Wi-Fi, individually controlled air conditioning, a 24-hour front desk, and on-site laundry facilities. The property is located within walking distance of local dining options, including El Bracero Mexican Restaurant. Situated in Muhlenberg County, Kentucky, the area is undergoing an economic transformation in its industrial sector, shifting toward defense manufacturing, specialized industrial equipment, and energy production. The 620-acre Paradise Regional Industrial Park, located approximately 3 miles west of Greenville, supports industries including steel, plastics, logistics, and advanced manufacturing. Biomass Engineering and Equipment (BE&E) is establishing a $20 million manufacturing facility focused on equipment for the biomass, recycling, agricultural, and forest products sectors, with plans to create 250 jobs. Greenville Manufacturing Kentucky is establishing a new $16.2 million operation, also projected to employ 250 people. Repkon USA is constructing a $435 million trinitrotoluene (TNT) production facility in Graham. Established players such as Dyno Nobel and Ensign-Bickford Aerospace & Defense (EBAD) maintain operations in Graham. The Tennessee Valley Authority (TVA) operates the Paradise Combined Cycle Plant in Drakesboro. The property is situated on a 1.35-acre lot and includes a 1,929 square feet building. This combination of investments positions Muhlenberg County as an emerging hub for high-tech manufacturing, defense, and energy infrastructure, offering enhanced economic opportunities and supporting related business travel and development in the area.
Key Highlights
- Proximity to Paradise Regional Industrial Park and major employers.
- Located in Muhlenberg County, Kentucky, experiencing growth in key industries.
- Includes essential amenities such as free Wi‑Fi, air conditioning, a 24‑hour reception, and laundry facilities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Caronoda Motel
Hotel & Motel
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- Best Western Central City — 627 S 2nd St, Central City, KY 42330
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- Days Inn by Wyndham Central City — 640 S 2nd St, Central City, KY 42330
- Caronoda Motel — 606 S 2nd St, Central City, KY 42330
- Central INN — 300 Everly Brothers Blvd, Central City, KY 42330
FAQs
What type of property is this?
Motel - Motel with on-site amenities in a growing industrial area.
Where is this motel located?
The property is located at 606 S 2nd Street Central City, KY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Proximity to Paradise Regional Industrial Park and major employers.; Located in Muhlenberg County, Kentucky, experiencing growth in key industries.; Includes essential amenities such as free Wi‑Fi, air conditioning, a 24‑hour reception, and laundry facilities.