Building

Year Built

1962

Stories Total

Yes

Accessibility Features YN

Yes

Lot

Lot Size Acres

1.35

Lot Size Square Feet

58806

Utilities

Cooling YN

Yes

Heating YN

Yes

Electricity Connected

Yes

Phone Connected

Yes

Water Connected

Yes

Remarks

Public Remarks

The motel provides comfortable accommodations featuring complimentary high-speed Wi-Fi, individually controlled air conditioning, a 24-hour front desk, and on-site laundry facilities. It is conveniently located within walking distance of local dining options, including El Bracero Mexican Restaurant. Muhlenberg County, Kentucky, is experiencing a notable economic transformation in its industrial sector, shifting toward defense manufacturing, specialized industrial equipment, and energy production. Key developments include: Paradise Regional Industrial Park: This 620-acre site, located approximately 3 miles west of Greenville and adjacent to the Western Kentucky Parkway, is a collaborative initiative managed by the Paradise Park Regional Industrial Authority, involving Daviess, Hopkins, McLean, Muhlenberg, and Ohio counties. The park supports a range of industries, including steel, plastics, logistics, and advanced manufacturing. Recent projects highlight its growing momentum: Biomass Engineering and Equipment (BE&E), the park's first tenant, announced a $20 million state-of-the-art manufacturing facility focused on equipment for the biomass, recycling, agricultural, and forest products sectors, with plans to create 250 jobs. Greenville Manufacturing Kentucky (a Floyd Holdings company) is establishing a new $16.2 million operation at the park, also projected to employ 250 people in similar specialized equipment production. Defense and Explosives Manufacturing: Repkon USA is constructing a $435 million, state-of-the-art trinitrotoluene (TNT) production facility in Graham, marking the first domestic TNT manufacturing in the United States in decades. This project, supported by a U.S. Army contract, underscores the region's expanding role in defense-related production. Established players such as Dyno Nobel (explosives manufacturing) and Ensign-Bickford Aerospace & Defense (EBAD) maintain significant operations in Graham. Energy Sector: The Tennessee Valley Authority (TVA) operates the Paradise Combined Cycle Plant in Drakesboro, a natural gas-fired facility that serves as a major regional employer. The site includes combined-cycle units for efficient power generation and additional combustion turbine capacity added in recent years. TVA continues to invest in complementary renewable initiatives, including solar projects. This combination of investments positions Muhlenberg County as an emerging hub for high-tech manufacturing, defense, and energy infrastructure, offering enhanced economic opportunities and supporting related business travel and development in the area.

Building and Property Details

Furniture, Fixtures & Equipment YN

Yes

Building Expansion Potential YN

No

Lot Expansion Potential YN

No

Railroad Siding YN

No

Showing Information

Showing Instructions

Call Ron for details, Seller needs 24 hour notice. 480.221.3717

Tax & Legal

Business Name

Caronoda Motel

Tax Rate

2.64

Zoning

Other

Zoning Description

Within City Limits

Directions

606 S. Second Street is situated off Interstate 66, approximately 7 miles from the Duncan Cultural Center Museum.

Association/Community

Number Of Buildings

2

Cooling

Multi Units

Yes

Heating

Heat Pump

Yes

Listing Terms

Cash

Yes

Conventional

Yes

Parking Features

On Site

Yes

Open

Yes

Paved

Yes

Possession

Close Of Escrow

Yes

Special Listing Conditions

Standard

Yes

Business Type

Hotel/Motel

Yes

Electric

200+ Amp Service

Yes

Existing Lease Type

None

Yes

Sale Includes

Building(s)

Yes

Business

Yes

Easements

Yes

Equipment

Yes

Fixtures

Yes

Furniture

Yes

Inventory

Yes

Land

Yes

Licenses

Yes

Showing Requirements

Call Listing Agent

Yes

Property Features