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$ 400,000
Active
1798 S Wilderness Road Mt Vernon, KY 40456
19,892 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 19,892 sqft
Price per Sqft $20
Subdivision Commercial
MLS Listing ID 26014158
Lot Size 1.400 Acres
Acres 1.4
Property Sub-Type Hotel/Motel
Property Description
Auction will be Live or Online 10 am on July 18, 2026. Excellent investment opportunity just off I-75. Excellent income producing opportunity. Documents available. 46 unit motel located just off I75 in Mt Vernon and situated on 1.4 of an acre. The motel consists of 45 rooms available for guests: 33 rooms with King size 1 bed, 12 rooms with 2 queen size beds, 1 housekeeper room with kitchen apart from the 45 rooms, Front units were renovated in 2018 and some back units per Seller. Owner lives on site presently in attached owner's quarters that consists of 3 bedrooms and 2 bathrooms. KU electric, blacktop paved parking lot, storage building on site, all operating motel equipment stays and individual heat/air in each unit. Security cameras on the property. Priced to sell. Per previous title entrance is an easement (30ft). We will be selling by the deed. Sale terms: If you bid online you must submit a letter of good standing from your bank at least 24 hours prior to auction. Selling by the deed. Call Auctioneer Ken DeGrant license # 281879 www.highpointky.com
Location
State KY
County Rockcastle
Zoning Other
Interior
Heating Electric, Propane
Cooling Zoned
Exterior
Parking Features On Site, Open, Paved
Utilities Available Electricity Connected, Propane Connected, Water Connected
View Y/N N
Roof Type Rubber
Handicap Access No
Private Pool No
Others
Special Listing Condition Auction
Listed by High Point Realty & Auction