330 Walnut Creek Drive, Berea, KY 40403
$2,750,000
Property Type:
Commercial Sale
Square Footage:
35,641
Lot Size (sq. ft.):
135,036
Status:
Closed
Current Price:
$2,750,000
List Date:
11/16/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20124682
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Hotel/Motel
Status Change Information
- Status Change Timestamp
- 2022-07-07
- Purchase Contract Date
- 2022-03-15
- Close Date
- 2022-07-01
- Close Price
- 2750000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Madison
- Street Number
- 330
- Street Name
- Walnut Creek
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40403
- Parcel Number
- 46769
Contract
- Original List Price
- 3100000
- Start Showing Date
- 2021-11-16
- Listing Contract Date
- 2021-11-16
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- List Price/SqFt
- 86.98
- Sold Price/SqFt
- 77.16
- SP/LP
- 0.89
Tax Legal
- MLS Area Major
- 008 - Madison County
- Subdivision Name
- Commercial
Interior
- Building Area Total
- 35641
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 2006
- Stories Total
- 3
Lot
- Lot Size Acres
- 3.1
- Lot Size Square Feet
- 135036
Utilities
- Cooling YN
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Available
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- 60 room Hotel on 3.1 acres, built in 2006, over 5.5M invested. Excellent visibility from I-75 Exit 77, 27 miles South of Lexington, 10 miles South of Richmond. Excellent opportunity to re-brand or re-purpose for apartments, student housing, assisted living or medical related facility. Owners are retiring and are flexible on sale terms.
Showing Information
- Showing Instructions
- Contact agent
Tax & Legal
- Tax Rate
- 0.0111
- Zoning Description
- Commercial
- Directions
- I-75 to Exit 77
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Public Sewer
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Elevator(s)
- Yes
Business Type
- Hotel/Motel
- Yes
Sale Includes
- Building(s)
- Yes
- Business
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Furniture
- Yes
- Inventory
- Yes
- Land
- Yes
- Licenses
- Yes
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Building Features:
Elevator(s)
Business Type:
Hotel/Motel
Listing Terms:
Cash; Conventional
Parking Features:
On Site; Paved
Sale Includes:
Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Licenses
Security Features:
Fire Sprinkler System
Sewer:
Public Sewer
Water Heater:
Water Heater
Listing Office:
The Gibson Company
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.