1798 S Wilderness Road, Mt Vernon, KY 40456

$400,000
Property Type: Commercial Sale Square Footage: 19,892 Lot Size (sq. ft.): 60,984 Status: Active
Current Price: $400,000 List Date: 6/18/2026 Last Modified: 6/22/2026

Overview

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 ...

Listing Details MLS# 26014158

Listing Information

Comp Sale YN
No
Property Sub Type
Hotel/Motel

Status Change Information

Status Change Timestamp
2026-06-18

Address

County
Rockcastle
Street Number
1798
Street Direction Prefix
S
Street Name
Wilderness
Street Suffix
Road
State
KY
Zip Code
40456
Zip +4
7627
Parcel Number
046E-00-041.01

Contract

Original List Price
400000
Start Showing Date
2026-06-18
Listing Contract Date
2026-06-18
Listing Agreement
Exclusive Right To Sell
Owner Name
Commercial
Office Exclusive YN
No
List Price/SqFt
20.11

Tax Legal

MLS Area Major
022 - Rockcastle County
Subdivision Name
Commercial

Interior

Living Area
19968
Living Area Units
Square Feet
Building Area Total
19892
Building Area Source
Appraiser
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
50

Building

Basement YN
No
Year Built
9999
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
1.4
Lot Size Square Feet
60984

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Propane
Yes
Water Connected
Yes

Remarks

Public Remarks
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

Building and Property Details

Furniture, Fixtures & Equipment YN
Yes
Building Expansion Potential YN
No
Lot Expansion Potential YN
No

Tax & Legal

Business Name
3Y Hospitality
Tax Rate
10
Zoning
Other
Zoning Description
Commercial
Directions
Situated close to I75(also close to Renfro Valley Entertainment Center and Kentucky Music Hall of Fame) I75 exit 59 Mount Vernon/Livingston , turn right off of the exit and the motel will be on the left.

Association/Community

Number Of Buildings
1

Cooling

Zoned
Yes

Heating

Electric
Yes
Propane
Yes

Parking Features

On Site
Yes
Open
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Rubber
Yes

Special Listing Conditions

Auction
Yes

Business Type

Commercial
Yes
Hotel/Motel
Yes

Sale Includes

Building(s)
Yes
Business
Yes
Easements
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes
Leases
Yes
Licenses
Yes

Showing Requirements

Call Listing Agent
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Propane; Water Connected; Electricity Connected; Propane; Water Connected Business Type: Commercial; Hotel/Motel Cooling: Zoned Heating: Electric; Propane Parking Features: On Site; Open; Paved Possession: Close Of Escrow Roof: Rubber Sale Includes: Building(s); Business; Easements; Equipment; Fixtures; Furniture; Inventory; Land; Leases; Licenses Special Listing Conditions: Auction Showing Requirements: Call Listing Agent; Showing Service
Listing Office: High Point Realty & Auction
Last Updated: June - 22 - 2026
Information deemed reliable but not guaranteed.