7535 Madisonville Rd Hopkinsville, KY 42240
This versatile 7,067 square foot commercial building in Hopkinsville, Kentucky, presents a unique investment opportunity. Built in 1960, this two-story structure sits on a 0.6-acre lot and is zoned B2, allowing for a variety of uses. The property currently features a daycare/nursery, grocery store, and religious/church space, demonstrating its adaptability. A spacious, two-bedroom, two-bathroom apartment occupies the second floor, complete with a full kitchen, living room, and utility room, offering live-in business options or rental income potential. The building includes a large covered porch, ample storage, and over 35 parking spaces. Modern, energy-efficient heating and air conditioning systems are in place, along with a comprehensive security system and DVR. The property's location at 7535 S Madisonville Rd, Hopkinsville, KY 42240, offers excellent visibility and accessibility. This property is ideal for entrepreneurs seeking a multi-faceted business venture or investors looking for a strong rental income stream. The seller is motivated, making this an exceptional opportunity to acquire a substantial commercial property with significant upside potential. Bring your offers today!
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.