5531 Athens Boonesboro, Lexington, KY 40509
$2,400,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
86,249
Status:
Closed
Current Price:
$2,400,000
List Date:
9/09/2021
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 20100730
Listing Information
- Property Sub Type
- Hotel/Motel
Status Change Information
- Status Change Timestamp
- 2022-03-17
- Purchase Contract Date
- 2021-09-18
- Close Date
- 2022-03-17
- Close Price
- 2400000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street Number
- 5531
- Street Name
- Athens Boonesboro
- State
- KY
- Zip Code
- 40509
- Parcel Number
- 38239360
Contract
- Original List Price
- 2650000
- Start Showing Date
- 2021-01-14
- Listing Contract Date
- 2021-01-14
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Occupied
- Office Exclusive YN
- No
- SP/LP
- 0.91
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Commercial
Parking Information
- Parking Total
- 56
More Information
Building
- Basement YN
- Yes
- Year Built
- 1995
- Stories Total
- 2
Lot
- Lot Size Acres
- 1.98
- Lot Size Square Feet
- 86248.88
Utilities
- Cooling YN
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Available
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- Attention Investors, Comfort inn with 59 well appointed guest suites offered for sale. This popular motel is close to Exit-104 of Interstate 75 and convenient to all that Lexington has to offer including and not limited to Wildcat football/basketball games, Keenland, Kentucky horse park and many more attractions. The motel has been tastefully renovated to Choice hotel standards making it one of the desirable in the area.
Showing Information
- Showing Instructions
- Please call Michael D'Souza 859-954-0904 for all showing arrangements.
Tax & Legal
- Tax Rate
- 1.1
- Zoning Description
- B-5P - INTERCHANGE BUSINESS
- Directions
- From I-75 Exit 104, turn right on Athens Boonesboro Road, destination on the left.
Construction Materials
- Block
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Flat
- Yes
Security Features
- Fire Sprinkler System
- Yes
Sewer
- Septic Tank
- Yes
Special Listing Conditions
- Standard
- Yes
Building Features
- Elevator(s)
- Yes
- Partially Carpeted
- Yes
- Tile/Brick Floor
- Yes
Business Type
- Hotel/Motel
- Yes
- Recreation
- Yes
Ceiling
- Other
- Yes
Electric
- 3 Phase
- 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; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Water Connected
Building Features:
Elevator(s); Partially Carpeted; Tile/Brick Floor
Business Type:
Hotel/Motel; Recreation
Ceiling:
Other
Construction Materials:
Block
Electric:
3 Phase
Listing Terms:
Cash; Conventional
Possession:
Close Of Escrow
Roof:
Flat
Sale Includes:
Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Licenses
Security Features:
Fire Sprinkler System
Sewer:
Septic Tank
Special Listing Conditions:
Standard
Listing Office:
United Real Estate Bluegrass
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.