Property summary
This exceptional 5,344 square foot free-standing restaurant building, constructed in 2015, presents a unique investment opportunity in the heart of downtown Madisonville, Kentucky. Located at 149 S Main St, this property sits on a generous 1.21-acre lot (APN: M-33-2-9-1) providing ample parking for patrons. The building boasts a single story and is strategically positioned at a signalized intersection experiencing approximately 19,000 vehicles per day, ensuring high visibility and… accessibility. The property's previous use as a bank branch, scheduled to close April 24, 2024, offers a turnkey space with existing infrastructure. Note that the bank will lease back the ATM after closing. The asking price is $915,000, translating to $171.22 per square foot. While there is a banking use deed restriction in place at closing, the property's zoning and size make it ideal for conversion into a thriving restaurant. This prime location and high traffic count make this a rare opportunity for a successful culinary venture in a vibrant downtown setting.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 1.21 ac
- Stories
- 1
- APN
- M-33-2-9-1
- Assessed value · 2023
- $1,032,600
- Annual tax · 2023
- $10,398
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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