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Improved Mixed-Use Land for Sale in Madisonville, Kentucky

123 Waddill, Madisonville, KY 42431

$579,000
2 acres
Active sale
$20k drop
Est $3,307/mo

Investor Opportunity! 2 acres of ground. Perfect for residential with a condition use permit as well as professional office building/venue or conference room for meetings. 2-4 Professional offices have been updated can be rented now. Room to build all around! The main part of the school has been emptied and broom cleaned. The size of the rooms are huge and could be studio apartments or professional offices with lots of parking! Such a great opportunity and part of the work has already been done! Offices could be started ASAP. Offices are 40 x 26 in sizes. In the school area, any asbestos has been removed and removed correctly. Separately is one lot fronting N. Franklin Ave., Dr. that does not have the medical profession restrictions that this property has. Call Cindy for your private tour of this remarkable property!!

21,800
Sq feet
1920
Built

Location

Street address
123 Waddill
Zip code
42431
Community
Madisonville
Elevation
459 feet
Coordinates
37.3344, -87.4949

Directions

N Main - turn on Waddill. Building on LEFT.

Property details

Acreage
2 acres
Zoning
C
MLS #
MHCBR 115057
Posted

Details and features

Listing

Type
Commercial Sale
Franchise
Coldwell Banker Real Estate

Listing history

DateEventPriceChangeSource
June 8, 2026Relisted$579,000MHCBR
June 5, 2026Listing removed$579,000Listing agent
Jan 24, 2026Price drop$579,000$20,000 -3.3%MHCBR
Aug 13, 2025Price drop$599,000$51,000 -7.8%MHCBR
July 9, 2025Price drop$650,000$75,000 -10.3%MHCBR
Dec 21, 2024Price increase$725,000$50,000 7.4%MHCBR
June 5, 2024New listing$675,000MHCBR
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This 2-acre property is located at 123 Waddill in Madisonville, KY 42431. The property is available for sale, priced at $579,000. It has a 21,800 square foot structure built in 1920.

Listed by Coldwell Banker Complete Realty, (270) 821-3131

Checked 2 hours agoUpdated

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