Sold for
$1,380,000
2550 Lone Oak Road, Paducah, KY 42003
- 14,427
- sqft
- Commercial Sale
- Property type
- $96
- Price / sq ft
Listing Description
Longtime successful business location in Lone Oak is now for sale. Income producing property. Beautiful, well-kept established 33 room hotel one mile from I-24. Motel includes a 3 bedroom, 2 bath manager's apartment, 19 large kitchenettes, 11 studio suites, and 3 smaller rooms. 12 rooms have been remodeled (new floors and AC), new paint and a new stairwell in the back building. A new lock system has been installed also. Occupancy rate from Feb. - Nov. averages 75 - 80% and Dec. - Jan. averages 50% occupancy. Currently No 3rd party bookings or advertising. Potential to increase revenue. Great investment opportunity! Current owner wants to retire.
Listed by Purchase Realty Group · prgnoonan@gmail.com
MLS #W130298 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Commercial Sale
- Price / sq ft
- $96 / sq ft
Interior
- 0 bathrooms
Property
- Commercial Sale
- 14,427 sq ft
Construction
- Dimensional Style, Shingle
- Heating: Electric
- Cooling: Central Air
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Exterior & parking
- Roof
- Dimensional Style, Shingle
- Parking features
- Other
Utilities & comfort
- Heating
- Electric
- Cooling
- Central Air
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Other
Property & Price History
| Date | Event | Price |
|---|---|---|
| Sep 22, 2025 | Sold | $1,380,000 |
| Jan 27, 2025 | Listed for sale | $2,200,000 |
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Property Documents
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty