1075 Richmond Road, Irvine, KY 40336

New Listing
$1,400,000
Property Type: Commercial Sale Square Footage: 16,050 Lot Size (sq. ft.): 40,946 Status: Active
Current Price: $1,400,000 List Date: 6/08/2026 Last Modified: 6/08/2026

Overview

Description

Turnkey Motel Investment opportunity in the heart of Eastern Kentucky. Step into a thriving, updated 26-room motel complete with a private managers suite, perfectly positioned in the charming town of Irvine, KY. This well-maintained property offers immediate income potential and long-term growth in a location rich with culture, history and natural beauty. Outdoor enthusiasts will appreciate close proximity to "Lily Mountain Nature Preserve" and the winding waters of the Kentucky River, offering endless opportunities for hiking, boating, fishing and peaceful nature walks. This prime location makes the motel a desirable stay for travelers seeking both adventure and relaxation. Whether you're expanding your portfolio or stepping into the hospitality industry, this property combines steady business performance, ideal location, and small- town charm.

Listing Details MLS# 26013143

Listing Information

Comp Sale YN
No
Property Sub Type
Hotel/Motel

Status Change Information

Status Change Timestamp
2026-06-08

Address

County
Estill
Street Number
1075
Street Name
Richmond
Street Suffix
Road
State
KY
Zip Code
40336
Zip +4
9340
Parcel Number
057-30-00-044.01

Contract

Original List Price
1400000
Start Showing Date
2026-06-08
Listing Contract Date
2026-06-05
Listing Agreement
Exclusive Right To Sell
Owner Name
Commercial
Office Exclusive YN
No
List Price/SqFt
87.23

Tax Legal

MLS Area Major
020 - Estill County
Subdivision Name
Commercial

Interior

Living Area
16050
Living Area Units
Square Feet
Building Area Total
16050
Building Area Source
Assessor
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
35

Building

Year Built
1991
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
0.94
Lot Size Square Feet
40946

Utilities

Cooling YN
Yes
Heating YN
Yes
Cable Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Turnkey Motel Investment opportunity in the heart of Eastern Kentucky. Step into a thriving, updated 26-room motel complete with a private managers suite, perfectly positioned in the charming town of Irvine, KY. This well-maintained property offers immediate income potential and long-term growth in a location rich with culture, history and natural beauty. Outdoor enthusiasts will appreciate close proximity to "Lily Mountain Nature Preserve" and the winding waters of the Kentucky River, offering endless opportunities for hiking, boating, fishing and peaceful nature walks. This prime location makes the motel a desirable stay for travelers seeking both adventure and relaxation. Whether you're expanding your portfolio or stepping into the hospitality industry, this property combines steady business performance, ideal location, and small- town charm.

Tax & Legal

Tax Rate
10.54
Zoning
Other
Directions
From Richmond travel east on KY 52 to Irvine, property on right before Mc Donalds

Association/Community

Number Of Buildings
2

Cooling

Electric
Yes

Heating

Electric
Yes

Parking Features

On Site
Yes
Open
Yes

Possession

Close Of Escrow
Yes

Building Features

Concrete Floor
Yes
Fully Carpeted
Yes
Vinyl Flooring
Yes

Business Type

Commercial
Yes
Hotel/Motel
Yes

Sale Includes

Building(s)
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Cable Connected; Phone Connected; Sewer Connected; Water Connected; Cable Connected; Phone Connected; Sewer Connected; Water Connected Building Features: Concrete Floor; Fully Carpeted; Vinyl Flooring Business Type: Commercial; Hotel/Motel Cooling: Electric Heating: Electric Parking Features: On Site; Open Possession: Close Of Escrow Sale Includes: Building(s); Fixtures; Furniture; Inventory; Land Showing Requirements: Showing Service
Listing Office: CENTURY 21 Advantage Realty
Last Updated: June - 08 - 2026
Information deemed reliable but not guaranteed.