230 Eastern, Richmond, KY 40475

$2,000,000
Property Type: Business Opportunity Square Footage: 16,280 Lot Size (sq. ft.): 99,317 Status: Active
Current Price: $2,000,000 List Date: 9/17/2025 Last Modified: 3/05/2026

Overview

Description

Just becoming available,52 room hotel in high traffic area of Richmond. Current owner provides rooms with free wifi , free parking, microwave , refrigerator, single and double bed rooms, maid service daily, wheelchair access to common areas, and exterior surveillance . What a great opportunity to purchase a turn key business . The 9,000 s.f. conference hall behind hotel is for sale as well. They can be purchased as package on same current Deed. ATTENTION; THE SELLER HAS JUST SIGNED 1 YEAR CONTRACT WITH TRAVELODGE BY WYNDAM. NEW SIGN NOW IN PLACE. TERMS ARE AVAILABLE.

Listing Details MLS# 25501512

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2025-09-17

Address

County
Madison
Street Number
230
Street Name
Eastern
Street Suffix Modifier
ByPass
State
KY
Zip Code
40475
Parcel Number
008-198

Contract

Original List Price
2000000
Start Showing Date
2025-10-09
Listing Contract Date
2025-09-17
Listing Agreement
Exclusive Right To Sell
Occupant Type
Occupied
Office Exclusive YN
No
List Price/Acre
877192.98

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Eastern Bypass

Building

Living Area Units
Square Feet
Living Area Source
Public Records
Building Area Total
16280
Building Area Source
Public Records
Building Area Units
Square Feet
Year Built
1971

More Information

Lot

Lot Size Acres
2.28
Lot Size Square Feet
99316.8

Utilities

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

Remarks

Public Remarks
Just becoming available,52 room hotel in high traffic area of Richmond. Current owner provides rooms with free wifi , free parking, microwave , refrigerator, single and double bed rooms, maid service daily, wheelchair access to common areas, and exterior surveillance . What a great opportunity to purchase a turn key business . The 9,000 s.f. conference hall behind hotel is for sale as well. They can be purchased as package on same current Deed. ATTENTION; THE SELLER HAS JUST SIGNED 1 YEAR CONTRACT WITH TRAVELODGE BY WYNDAM. NEW SIGN NOW IN PLACE. TERMS ARE AVAILABLE.

Building and Property Details

Furniture, Fixtures & Equipment YN
Yes
Building Expansion Potential YN
Yes
Inground Tank YN
No
Lot Expansion Potential YN
No
Railroad Siding YN
No
# of Floors Serviced
2

Business Details

Years In Business
3

Showing Information

Showing Instructions
Call LA or go thru Showing time.

Tax & Legal

Business Name
Countryside Inn
Directions
EKU BY pass East off I-75 Exit 87. R on South Killarney, quick left at Casey's follow service lane to Country Side Inn on R past Waffle House

Cooling

Electric
Yes
Multi Units
Yes

Heating

Electric
Yes

Listing Terms

Conventional
Yes

Special Listing Conditions

Standard
Yes

Business Type

Hotel/Motel
Yes

Sale Or Lease Includes

Building(s)
Yes
Business
Yes
Easements
Yes
Equipment
Yes
Fixtures
Yes
Land
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes
No Sign
Yes

Property Features

Utilities: Cable Available; Electricity Connected; Phone Available; Sewer Available; Water Available; Cable Available; Electricity Connected; Phone Available; Sewer Available; Water Available Business Type: Hotel/Motel Cooling: Electric; Multi Units Heating: Electric Listing Terms: Conventional Sale Or Lease Includes: Building(s); Business; Easements; Equipment; Fixtures; Land; Other Special Listing Conditions: Standard Showing Requirements: Call Listing Agent; No Sign
Listing Office: RE/MAX Elite Realty
Last Updated: March - 05 - 2026
Information deemed reliable but not guaranteed.