202 S College Street, Harrodsburg, KY 40330
$449,000
Property Type:
Commercial Sale
Square Footage:
8,008
Lot Size (sq. ft.):
8,160
Status:
Active
Current Price:
$449,000
List Date:
5/01/2026
Last Modified:
9/09/2026
Overview
Description
Listing Details MLS# 26001844
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Hotel/Motel
Status Change Information
- Price Change Timestamp
- 2026-09-09T18:15:01Z
- Status Change Timestamp
- 2026-05-01
- Back on Market Date
- 2026-05-01
Address
- County
- Mercer
- Street Number
- 202
- Street Direction Prefix
- S
- Street Name
- College
- Street Suffix
- Street
- State
- KY
- Zip Code
- 40330
- Parcel Number
- 100.60-09003.00
Contract
- Original List Price
- 499900
- Start Showing Date
- 2026-01-28
- Listing Contract Date
- 2025-02-07
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- Jack Mattingly
- Owner Phone
- 859 734 7770
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 56.07
Tax Legal
- MLS Area Major
- 011 - Mercer County
- Subdivision Name
- Downtown
Interior
- Living Area
- 8008
- Living Area Units
- Square Feet
- Building Area Total
- 8008
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 5
Building
- Year Built
- 1910
- Stories Total
- 3
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 0.187
- Lot Size Square Feet
- 8160
- Lot Size Dimensions
- 102x80
- Road Frontage Feet
- 102
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- Back on Market - Motivated Seller! 19-Unit Income Property in Downtown Harrodsburg Approx. 8,000 sq ft income-producing building generating around $8,900 per month in gross rent. Originally constructed as a hospital and converted to apartments in the 1950s; current ownership since 1996. Well maintained and turnkey: new roof 2024, updated plumbing/electrical, no known major deferred maintenance. Historically ~90% occupancy with reliable rent roll; primarily elderly tenants on Social Security for stable income. Gas boiler heat, window A/C units, 300-amp electrical service, street parking available. Local property management available. Flexible layout for future improvements or redevelopment. Sold as-is. No seller financing. Seller needs clean exit. Previously under contract for most of its listing period — now available again.
Building and Property Details
- Building Expansion Potential YN
- No
- Lot Expansion Potential YN
- No
Income and Expenses
- Electric Expense
- 750
- Gross Income
- 100000
- Gross Scheduled Income
- 102480
- Net Operating Income
- 80000
- Operating Expense
- 1550
- Other Expense Description
- 400
- Other Income
- 1000
- Real Estate Taxes
- 2200
- Water Sewer Expense
- 400
Showing Information
- Showing Instructions
- Schedule through showing time, allow at least 24 hours to arrange showings. Owner will be present, all units will not be available for viewing.
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Business Type:
Hotel/Motel
Ceiling:
Dropped; Drywall
Construction Materials:
Stucco
Cooling:
Window Unit(s)
Heating:
Hot Water; Natural Gas; Steam
Listing Terms:
Cash; Conventional
Possession:
Negotiable
Roof:
Metal
Security Features:
Security System Owned
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Water Heater:
Gas
Showing Requirements:
Call Listing Agent
Documents
LBPD ›
Listing Office:
RM McGinnis, LLC Real Est & Auction Professionals
Last Updated: September - 09 - 2026
Information deemed reliable but not guaranteed.