624 James Trimble Boulevard, Paintsville, KY 41240

$2,000,000
Property Type: Commercial Sale Square Footage: 118,703 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $2,000,000 List Date: 12/17/2019 Last Modified: 9/03/2025

Overview

Description

Centrally located in Paintsville, Kentucky, the Ramada Wyndham Paintsville Hotel and Conference Center offers easy access to both local and regional attractions. The three story, 118,703 square foot, full service, hotel and conference building is located on a 5 acre lot directly across the street from the regional medical center. The development, built in 1982 and renovated in 2015, is strategically positioned in the center of town and benefits from several income generators including tourism, healthcare, its business center, conference and dining facilities. Hotel Amenities include: 130 rooms, restaurant, lounge, atrium, indoor and outdoor swimming pools, fitness center, guest laundry, business center with conference room, meeting rooms and office spaces.

Listing Details MLS# 1927813

Listing Information

Property Sub Type
Hotel/Motel

Status Change Information

Status Change Timestamp
2021-05-17
Purchase Contract Date
2021-01-22
Close Date
2021-05-12
Close Price
2000000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Johnson
Street Number
624
Street Name
James Trimble
Street Suffix
Boulevard
State
KY
Zip Code
41240

Contract

Original List Price
3300000
Start Showing Date
2019-11-01
Listing Contract Date
2019-11-01
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
SP/LP
0.61

Tax Legal

MLS Area Major
082 - Johnson County
Subdivision Name
Commercial

Interior

Living Area
118703

More Information

Building

Year Built
1982
Stories Total
3

Lot

Lot Size Acres
5
Lot Size Square Feet
217800.2

Remarks

Public Remarks
Centrally located in Paintsville, Kentucky, the Ramada Wyndham Paintsville Hotel and Conference Center offers easy access to both local and regional attractions. The three story, 118,703 square foot, full service, hotel and conference building is located on a 5 acre lot directly across the street from the regional medical center. The development, built in 1982 and renovated in 2015, is strategically positioned in the center of town and benefits from several income generators including tourism, healthcare, its business center, conference and dining facilities. Hotel Amenities include: 130 rooms, restaurant, lounge, atrium, indoor and outdoor swimming pools, fitness center, guest laundry, business center with conference room, meeting rooms and office spaces.

Tax & Legal

Zoning Description
Light Industrial
Directions
Located on US-23/ James Trimble Boulevard approximately 100 miles from Lexington, Kentucky and Charleston, West Virginia.

Construction Materials

Steel Frame
Yes

Special Listing Conditions

Standard
Yes

Business Type

Hotel/Motel
Yes
Restaurant
Yes

Sale Includes

Building(s)
Yes
Business
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes
Licenses
Yes

Property Features

Business Type: Hotel/Motel; Restaurant Construction Materials: Steel Frame Sale Includes: Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Licenses Special Listing Conditions: Standard
Listing Office: Urban Groupe, LLC
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.