2550 Lone Oak Road, Paducah, KY 42003

$1,380,000
Property Type: Commercial Sale Square Footage: 14,427 Status: Closed
Current Price: $1,380,000 List Date: 1/27/2025 Last Modified: 7/31/2026

Overview

Description

Longtime successful business location in Lone Oak is now for sale. Income producing property. Beautiful, well-kept established 33 room hotel one mile from I-24. Motel includes a 3 bedroom, 2 bath manager's apartment, 19 large kitchenettes, 11 studio suites, and 3 smaller rooms. 12 rooms have been remodeled (new floors and AC), new paint and a new stairwell in the back building. A new lock system has been installed also. Occupancy rate from Feb. - Nov. averages 75 - 80% and Dec. - Jan. averages 50% occupancy. Currently No 3rd party bookings or advertising. Potential to increase revenue. Great investment opportunity! Current owner wants to retire.

Listing Details MLS# W130298

Status Change Information

Status Change Timestamp
2025-09-22
Purchase Contract Date
2025-06-09
Close Date
2025-09-22
Close Price
1380000
Buyer Financing
Other
Concessions Comments
No

Address

County
McCracken
Street Number
2550
Street Name
Lone Oak
Street Suffix
Road
State
KY
Zip Code
42003

Contract

Original List Price
2200000
Listing Contract Date
2025-01-27
Owner Name
TRIDEV LLC
Occupant Type
Occupied
SP/LP
0.86

Interior

Living Area
14427
Building Area Source
Public Records

Building

Basement YN
No
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Dimensions
162 x 250 x 161 x 272
Road Frontage Feet
162

More Information

Utilities

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

Remarks

Public Remarks
Longtime successful business location in Lone Oak is now for sale. Income producing property. Beautiful, well-kept established 33 room hotel one mile from I-24. Motel includes a 3 bedroom, 2 bath manager's apartment, 19 large kitchenettes, 11 studio suites, and 3 smaller rooms. 12 rooms have been remodeled (new floors and AC), new paint and a new stairwell in the back building. A new lock system has been installed also. Occupancy rate from Feb. - Nov. averages 75 - 80% and Dec. - Jan. averages 50% occupancy. Currently No 3rd party bookings or advertising. Potential to increase revenue. Great investment opportunity! Current owner wants to retire.

Tax & Legal

Directions
I-24 exit 7, take Highway 45/Lone Oak Road and travel south toward Lone Oak. Property is on the left just past the old K-Mart building.

Association/Community

Number Of Buildings
5

Construction Materials

Vinyl Siding
Yes
Other
Yes

Cooling

Central Air
Yes

Heating

Electric
Yes

Parking Features

Other
Yes

Possession

Negotiable
Yes

Roof

Dimensional Style
Yes
Shingle
Yes

Sewer

Public Sewer
Yes

Water Heater

Electric
Yes

Building Features

Vinyl Flooring
Yes

Business Type

Commercial
Yes
Other
Yes

Docks

None
Yes

Showing Requirements

Call Listing Agent
Yes

Documents

Other
Yes

Property Features

Utilities: Cable Connected; Sewer Available; Water Available; Cable Connected; Sewer Available; Water Available Building Features: Vinyl Flooring Business Type: Commercial; Other Construction Materials: Vinyl Siding; Other Cooling: Central Air Docks: None Heating: Electric Parking Features: Other Possession: Negotiable Roof: Dimensional Style; Shingle Sewer: Public Sewer Water Heater: Electric Showing Requirements: Call Listing Agent Documents: Other
Listing Office: Purchase Realty Group
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.