$1,050,000
Price cut: $350K1075 Richmond Road, Irvine, KY 40336
- 16,050
- sqft
- 0.94
- acres
- Hotel/Motel
- Property type
- 1991
- Year built
- 0.94 acres
- Lot size
- $65
- Price / sq ft
Listing Description
Turnkey Motel Investment opportunity in the heart of Eastern Kentucky. Step into a thriving, updated 26-room motel complete with a private managers suite, perfectly positioned in the charming town of Irvine, KY. This well-maintained property offers immediate income potential and long-term growth in a location rich with culture, history and natural beauty. Outdoor enthusiasts will appreciate close proximity to "Lily Mountain Nature Preserve" and the winding waters of the Kentucky River, offering endless opportunities for hiking, boating, fishing and peaceful nature walks. This prime location makes the motel a desirable stay for travelers seeking both adventure and relaxation. Whether you're expanding your portfolio or stepping into the hospitality industry, this property combines steady business performance, ideal location, and small- town charm.
Listed by CENTURY 21 Advantage Realty · srobinson@century21advantage.com
MLS #26013143 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Hotel/Motel
- Year built
- Built in 1991
- Lot size
- 0.94-acre lot
- Price / sq ft
- $65 / sq ft
Interior
- 0 bathrooms
Property
- Hotel/Motel
- 16,050 sq ft
- 0.94-acre lot
Construction
- Built in 1991
- Heating: Electric
- Cooling: Electric
Show all home details
Exterior & parking
- Parking features
- On Site, Open
Utilities & comfort
- Heating
- Electric
- Cooling
- Electric
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site, Open
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 8, 2026 | Listed for sale | $1,400,000 |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$6,690/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $5,448
- Taxes
- $936
- Other costs
- $306
- $1,050,000
- Home price
- 20% · $210,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $5,448
- Estimated property taxes
- $936
- Home insurance
- $306
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $5,448
- Estimated property taxes
- $936
- Home insurance
- $306
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Assigned Schools
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty