Updated Office
For Sale
$109,000
730 S Main Street, Madisonville, KY 42431
Commercial Sale, Madisonville, KY
Property Size752 SF
Lot Size0.11 Acres
Price / SF$144.95
Days on Market222
Property Features for 730 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From downtown Madisonville, continue south on South Main Street. Building located on the left.
Subdivision
1 - Madisonville
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
Listed By:
Marlie Crowell
(270) 875-7037
Added: Mar 12
Changed: Oct 2
Last Checked: Oct 19 at 1:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 752-square-foot office building provides a compact commercial footprint on a 0.11-acre parcel. Built in 1960, the property has been updated with modern flooring and fresh interior finishes. Its office-oriented layout supports professional business use within an efficient standalone building.
The property is located at 730 S Main Street in Madisonville, Kentucky, within Hopkins County. The combination of an established structure, refreshed interior presentation, and dedicated office configuration creates a straightforward setting for an owner-user or business operation.
The property is located at 730 S Main Street in Madisonville, Kentucky, within Hopkins County. The combination of an established structure, refreshed interior presentation, and dedicated office configuration creates a straightforward setting for an owner-user or business operation.
Key Highlights
- 752‑square‑foot office building on a 0.11‑acre parcel
- Updated interior with modern flooring and fresh finishes
- Office‑focused layout in a standalone commercial building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,335
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,700
$126.7K
Cap Rate 7%
$90,500
$90.5K
Cap Rate 9%
$70,389
$70.4K
Market Conditions
NOI Build-Up for 752 SF
Gross rent
$10.8K $14.40/SF
− Vacancy
−$2.4K −$3.17/SF
EGI
$8.4K $11.23/SF
− OpEx
−$2.1K −$2.81/SF
NOI
$6.3K $8.42/SF
Area
Hopkins County, KY
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$126,700
Cap Rate 7%
$90,500
Cap Rate 9%
$70,389
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 42431, KY
26,566
Population
12,569
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
166.7 sq mi
ZIP Area
159
Density / Sq Mi
$57,529
Median Household Income
$37,671
Median Earnings
$858
Median Rent
$151,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout with modern flooring and refreshed interior finishes.
Where is this office building 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: 752‑square‑foot office building on a 0.11‑acre parcel; Updated interior with modern flooring and fresh finishes; Office‑focused layout in a standalone commercial building
