$625,000
Price cut: $100K1350 S Main Street, London, KY 40741
- 5,937
- sqft
- 1
- acres
- Hotel/Motel
- Property type
- 1971
- Year built
- 1 acres
- Lot size
- $105
- Price / sq ft
Listing Description
Don't miss this exceptional investment opportunity! This 16-room hotel sits on approximately 1 acre of commercially zoned property with outstanding frontage on a major roadway within city limits, offering excellent visibility and long-term growth potential. located just 2.3 miles from I-75 interstate. The property is currently leased under a 5-year Triple Net (NNN) lease, providing a stable income stream while minimizing owner responsibilities. With the current lease in place, the rental income is designed to cover the property's carrying costs, making this an attractive opportunity for investors seeking immediate cash flow. Beyond its current income, this property offers tremendous long-term potential. Its prime location, generous lot size, and increasing demand for well-positioned commercial real estate make it a valuable addition to any investment portfolio. Continue operating under the existing lease, or explore future redevelopment and business opportunities as the area continues to grow. Whether you're a seasoned investor or looking to diversify your portfolio, this property combines reliable income today with strong appreciation potential for tomorrow. Invest in a property that offers income today and exciting possibilities for the future. Prior to the 5 year current lease, the property was cash flowing itself as monthly room rentals. As inflation keeps increasing, the demand for economy style monthly rentals increase as well.
Listed by Keller Williams Legacy Group · yvettekelly55@gmail.com
MLS #26015816 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Hotel/Motel
- Year built
- Built in 1971
- Lot size
- 1-acre lot
- Price / sq ft
- $105 / sq ft
Interior
- 0 bathrooms
Property
- Hotel/Motel
- 5,937 sq ft
- 1-acre lot
Construction
- Built in 1971
- Heating: Ductless
- Cooling: Wall Unit(s)
Show all home details
Utilities & comfort
- Heating
- Ductless
- Cooling
- Wall Unit(s)
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Not reported
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jul 2, 2026 | Listed for sale | $725,000 |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,982/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $3,243
- Taxes
- $557
- Other costs
- $182
- $625,000
- Home price
- 20% · $125,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- 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
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- 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
Elementary School
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Middle School
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty