231 Main Street, Madisonville, KY 42431
231 Main Street, Madisonville, KY 42431
231 Main Street, Madisonville, KY 42431
231 Main Street, Madisonville, KY 42431
231 Main Street, Madisonville, KY 42431
231 Main Street, Madisonville, KY 42431
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$ 625,000
Est. payment | /mo

4,534 SqFt


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$ 625,000
Est. payment | /mo
Save

4,534 SqFt

Key Details

Property Type Commercial

Sub Type Business,Commercial,Residence Included

Listing Status Active

Purchase Type For Sale

Square Footage 4,534 sqft

Price per Sqft $137

Subdivision 1 - Madisonville

MLS Listing ID 122088

Year Built 1909

Lot Size 0.720 Acres

Property Sub-Type Business,Commercial,Residence Included

Property Description

Madison on Main is a rare opportunity to acquire a fully operational, highly rated short-term rental and event venue in the heart of downtown Madisonville. Built in 1909, this historic property operates as a sought-after Airbnb with a 4.95-star rating and a loyal repeat-guest base. The home offers 11 bedrooms, each with a private bath, plus microwaves and mini-refrigerators, making it ideal for weddings, reunions, retreats, and corporate gatherings. Guests enjoy a fully equipped kitchen, shared gathering areas, music room, and laundry facilities, while a complete third-floor apartment serves as an ideal owner or manager's residence. The property is being sold fully furnished, including locally sourced antique furniture, linens, and kitchenware. Recent upgrades include new roof, updated HVAC systems, new plumbing & electrical, and ADA accessibility improvements. With proven cash flow, strong occupancy, and diverse revenue potential, this turnkey investment is ready for you.

Location

State KY

County Hopkins

Area 1 - Madisonville

Interior

Heating Forced Air, Natural Gas

Cooling Central Electric, Zoned

Inclusions Fixtures

Appliance Other Water Heater (See Remarks), Dishwasher, Dryer, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Washer

Exterior

Parking Features 6-10, Blacktop

Utilities Available Electricity Connected, Natural Gas Connected

Water Access Desc Combined Water Meters,City Water

Roof Type Composition

Garage No

Building

Lot Description High Traffic, Landscaped, Wooded

Sewer Public Sewer

Water Combined Water Meters, City Water

Listed by Haven Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Kelly Anne Harris

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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231 Main Street