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    Office Building with Expansion Land
    Updated: Jan 15, 2025
    Office Building with Expansion Land

    123 Waddill, Madisonville, KY 42431

    $530,000
    21,800 sqft 2.00 AC lot
    21,800‑square‑foot office building on 2 acres
    Zoned C for commercial use
    Built in 1920 with brick construction
    Updated office areas within a larger multi‑room building
    Handicap access, security system, and ramped entry
    View details
    School Building with Updated Offices
    Updated: Jun 4, 2024
    School Building with Updated Offices

    123 Waddill, Madisonville, KY 42431

    $530,000
    21,800 sqft 2.00 AC lot
    21,800 square feet on 2 acres
    2‑4 updated professional offices available for rental
    Office areas measure 40 x 26 feet
    Large rooms in the former school area
    Zoned C
    View details
    See hot listings in Madisonville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fitness Center with Gymnastics Facility
    Fitness Center with Gymnastics Facility

    412 N Truman Rd, Jasper, IN 47546

    $1,130,000
    9,834 sqft

    Established dance and gymnastics operation with dedicated studios, specialized equipment, parking, and an upstairs apartment.

    View details
    Former School Building
    Former School Building

    6775 State Route 440, Hickory, KY 42051

    $899,000
    50,000 sqft 7.30 AC lot

    Commercial-grade 50,000-square-foot former school building on approximately 7.3 acres, ready for adaptive reuse.

    View details
    Gym with Dance Studio
    Gym with Dance Studio

    412 N Truman Road, Jasper, IN 47546

    $1,130,000
    0.84 AC lot

    The sale combines an operating dance and gymnastics business with its facility, furnishings, equipment, and inventory.

    View details
    School Property with Gym
    School Property with Gym

    6775 Kentucky 440, Hickory, KY 42051

    $899,000
    50,000 sqft 6.75 AC lot

    Corner-site campus includes classrooms, offices, a kitchen, and additional structures.

    View details

    Off-Market Properties in Madisonville, KY

    Consider similar Off-Market properties in Madisonville, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    637 Ctr St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    637 Ctr St, Madisonville, KY 42431-1858

    Estimated value: by Request
    6.00 AC lot
    View details

    Madisonville, KY Schools Market Trends and Statistics

    Explore 3 schools for sale in Madisonville, KY on our real estate platform. These investment opportunities span a total of 43,600 square feet of properties for sale, with an estimated market value of $1,060,000.

    Sale prices for school buildings & campuses in Madisonville, KY average $530,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    NNN properties 2
    Schools 2
    Wedding venues 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +4.0%
    Median Household Income $57,529
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Madisonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42431 $530K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $16.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hopkins County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Popular Searches in Madisonville, KY

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    Most Searched ZIP Codes in Madisonville, KY

    • 42431

    Featured Madisonville Real Estate Agencies

    Realmo connects you with licensed Madisonville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Heritage Homes Real Estate
    843 Hanson St Madisonville, KY 42431
    Phone: 12708259090
    www.heritagehomesrealestate.com
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