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Updated Office/Commercial Building

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
843 HANSON ST, Madisonville, KY
Listed by Marlie Crowell
Added: Mar 12 Checked: Jul 19 at 5:06 am
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

Real Estate Agency Dental Office Gym & Fitness Center Cafe & Coffee Shop HVAC Service Skin Care Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Spa & Massage Center

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

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
Contact an agent
More about this property
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