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    Madisonville, KY
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    Madisonville, KY Specialty Properties for Sale

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    Earlington, KY Hanson, KY Mortons Gap, KY Dawson Springs, KY Nortonville, KY Bremen, KY Saint Charles, KY Graham, KY
    Historic Short-Term Rental Property
    Updated: Jul 27
    Historic Short-Term Rental Property

    231 S Main Street, Madisonville, KY 42431

    $625,000
    4,534 sqft 0.72 AC lot
    Short‑term rental and event venue in downtown Madisonville
    4534 square feet on 0.72 acres
    11 bedrooms with private baths
    4.95‑star Airbnb rating
    Third‑floor apartment for owner or manager use
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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
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    School Building with Updated Offices
    School Building with Updated Offices

    123 Waddill, Madisonville, KY 42431

    $530,000
    21,800 sqft 2.00 AC lot

    Updated professional offices are available for immediate rental, with large interior rooms and substantial on-site parking.

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    See what stands out in Hopkins County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    New Construction NNN Property
    New Construction NNN Property

    535 Whittington Dr, Madisonville, KY 42431

    Contact for pricing
    19,361 sqft

    New 15-year lease with scheduled rental increases.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 Active listings in Madisonville, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Convenience Store with Restaurant
    Convenience Store with Restaurant

    637 S 2nd St, Central City, KY 42330

    $2,500,000
    2,160 sqft

    Combined retail and restaurant property with equipment in place and a ten-year triple-net lease on the restaurant portion.

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    Historic Religious Facility
    Historic Religious Facility

    301 S MAIN STREET, Hopkinsville, KY 42240

    $63,000
    2,846 sqft 0.15 AC lot

    Downtown property with B-3 Central Business zoning and flexible specialty-building use potential.

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    Historic Downtown Church Building
    Historic Downtown Church Building

    301 S Main Street, Hopkinsville, KY 42240

    $63,000
    2,846 sqft 0.15 AC lot

    Brick commercial building with B-3 zoning, public sewer, and flexible space for religious, dining, or event uses.

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    Church Building with Flexible Layout
    Church Building with Flexible Layout

    610 E Reservoir st., Central City, KY 42330

    $115,000
    0.55 AC lot

    Renovated interior includes a large gathering space, multiple rooms, updated restrooms, and on-site parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Concrete Slab
    Commercial Land with Concrete Slab

    546 S Main Street, Madisonville, KY 42431

    $149,000
    4.37 AC lot

    GC-zoned commercial land with utilities, paved area, and a substantial existing concrete slab.

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    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.

    1304 Rose Creek Rd
    Land

    1304 Rose Creek Rd, Madisonville, KY 42431

    Value Estimation by Request
    3,738 sqft 0.87 AC lot
    View details
    39 Harris St
    FUNERAL HOME

    39 Harris St, Madisonville, KY 42431-2035

    $295,000
    Estimated value
    0.28 AC lot
    View details
    Harris At N Franklin St
    FUNERAL HOME

    Harris At N Franklin St, Madisonville, KY 42431

    $265,000
    Estimated value
    0.49 AC lot
    View details
    637 Ctr St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    637 Ctr St, Madisonville, KY 42431-1858

    Value Estimation by Request
    6.00 AC lot
    View details

    Madisonville, KY Specialty Properties Market Trends and Statistics

    Explore 8 specialty properties for sale in Madisonville, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 67,495 square feet of properties for sale, with an estimated market value of $1,685,000.

    Sale prices for properties in Madisonville, KY start at $530,000, averaging $561,666, and reaching up to $625,000 — 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 $561.7K

    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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