Sold for
$500,000
7428 US Hwy 641N, Gilbertsville, KY 42044
- 12,272
- sqft
- Commercial Sale
- Property type
- $41
- Price / sq ft
Listing Description
GREAT INVESTMENT OPPORTUNITY!! This lodging establishment has been in business since the late 1950's. This property is located just minutes from KY Dam with highway frontage on US HWY 641N. The reasonable prices and great accommodations have made it a great place for tourists and fishermen for years. Many of those customers have been repeat customers for years and years. The current owners have made several improvements to the property since purchasing it including adding 4 new cabins, replacing the septic system, high efficiency hot water heaters, new pavilion, remodeled several rooms, and more. 9 rooms have kitchenettes and 4 cabins have full kitchens. It also has a 2 story living quarters off the office space! $668,500!!
Listed by Housman Partners - Lake Area · jessica@housmanpartners.com
MLS #W112007 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Commercial Sale
- Price / sq ft
- $41 / sq ft
Interior
- 0 bathrooms
Property
- Commercial Sale
- 12,272 sq ft
Construction
- Metal
- Heating: Electric, Other
- Cooling: Window Unit(s)
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Exterior & parking
- Roof
- Metal
- Parking features
- Other
Utilities & comfort
- Heating
- Electric, Other
- Cooling
- Window Unit(s)
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Other
Property & Price History
| Date | Event | Price |
|---|---|---|
| Oct 3, 2022 | Sold | $500,000 |
| Apr 22, 2021 | Listed for sale | $668,500 |
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Property Documents
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty