Updated Office/Commercial
730 S Main Street Madisonville, KY 42431
730 S Main Street, Madisonville, KY, 42431
$109,000
For Sale
$109,000
COMMERCIAL - Madisonville, KY
Property Size752 SF
Lot Size0.11 Acres
Price / SF$144.95
Days on Market130
Property Features for 730 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 752 SF
- Lot size
- 0.11 Acres
Building Details
- Year built
- 1960
Listing Agency
HERITAGE HOMES REAL ESTATE
(270) 825-9090
843 HANSON ST, Madisonville, KY
Listed by
Marlie Crowell
(270) 875-7037
Added: Mar 12 Checked: Jul 19 at 3:06 pm
MLS# 121681
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 updated office/commercial building offers a versatile interior layout designed to support a range of professional uses. The space is described as meticulously maintained, with modern flooring and fresh finishes throughout, providing an immediately usable environment. The building is set on a compact lot and is offered for sale.
The property is located at 730 S Main Street in Madisonville, Kentucky (Hopkins County). As an office/commercial building on a primary thoroughfare address, it is positioned for everyday customer and client access.
For tenant or buyer groups seeking a professional headquarters or business office with turnkey-ready interior updates, this building’s configuration and condition are the core advantages. The combination of a flexible office layout and recently refreshed finishes can reduce the amount of work needed to adapt the space to an operational workflow. Offered as a for-sale commercial property, it may appeal to owner-occupants or small businesses looking for a manageable facility size with a modern presentation.
The property is located at 730 S Main Street in Madisonville, Kentucky (Hopkins County). As an office/commercial building on a primary thoroughfare address, it is positioned for everyday customer and client access.
For tenant or buyer groups seeking a professional headquarters or business office with turnkey-ready interior updates, this building’s configuration and condition are the core advantages. The combination of a flexible office layout and recently refreshed finishes can reduce the amount of work needed to adapt the space to an operational workflow. Offered as a for-sale commercial property, it may appeal to owner-occupants or small businesses looking for a manageable facility size with a modern presentation.
Key Highlights
- Commercial office building built in 1960
- Interior offers a versatile office layout
- Modern updates include newer flooring and fresh finishes throughout
Local Financial Insights For Office B
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 | $10.8k | $14.40 |
| − Vacancy | −$2.4k | −$3.17 |
| EGI | $8.4k | $11.23 |
| − OpEx | −$2.1k | −$2.81 |
| NOI | $6.3k | $8.42 |
752 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$90.5K
$79.2K – $105.6K
NOI $6,335 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$126.9K
$111.0K – $148.0K
NOI $8,880 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Well-maintained office/commercial building with a versatile layout, modern flooring, and fresh interior finishes.
Where is this office units located?
The property is located at 730 S Main Street Madisonville, KY.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: Commercial office building built in 1960; Interior offers a versatile office layout; Modern updates include newer flooring and fresh finishes throughout