Improved Mixed-Use Land for Sale in Madisonville, Kentucky
123 Waddill, Madisonville, KY 42431
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. Only one room needs ceiling and floor repair. The rest 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!!
Location
- Street address
- 123 Waddill
- County
- Hopkins County
- Community
- Madisonville
- Elevation
- 459 feet
Directions
N Main - turn on Waddill. Building on LEFT.
Property details
- Acreage
- 2 acres
- MLS #
- MHCBR 115057
- Posted
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Coldwell Banker Real Estate
Exterior
- Features
- Handicap Access, Parking-Paved
Structure
- Heating
- Forced Air, Hot Water, Natural Gas
- Cooling
- Central Air, Electric
- Materials
- Brick
- Roof
- Composition, Rolled/Hot Mop
Interior
- Security
- Security System
- Accessibility
- Accessible Approach With Ramp
- Features
- Kitchen Area, Restrooms
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Gas | Natural Gas | Connected | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 13, 2025 | Price drop | $599,000 | $51,000 -7.8% | MHCBR |
| July 9, 2025 | Price drop | $650,000 | $75,000 -10.3% | MHCBR |
| Dec 21, 2024 | Price increase | $725,000 | $50,000 7.4% | MHCBR |
| June 5, 2024 | New listing | $675,000 | — | MHCBR |
