About This Home

This 0-bedroom, 0-bathroom commercial at 123 Waddill in Madisonville, KY is listed for $530,000 ($24 per sqft). Built in 1920, the home offers 21,800 sqft of living space on a 2.00 acres lot.

Key Features

  • Built in 1920
  • 2.00 acre lot

Property Details

1920
Listing Description

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!!

Monthly Cost Estimate

$2,835/mo

20% down · 6.5% · 30 years

Principal$383
Interest$2,297
Insurance$155

Estimates only. Actual payments may vary.

Location

123 Waddill

Madisonville, KY 42431

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 123 Waddill is listed at $530,000 ($24/sqft). The estimated monthly payment is $2,835 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 2.00 acre lot.

This property is listed by Cindy McKenzie.

CM

Cindy McKenzie

Agent at COLDWELL BANKER-TERRY and ASSOCIATES

Listed by COLDWELL BANKER-TERRY and ASSOCIATES · Broker phone: (270) 821-3131 · View on Broker Site · Broker website

MLS# 115057· Source: Madisonville-Hopkins County Board of Realtors· 879 days on PropertySimple

Copyright © 2026 Madisonville-Hopkins County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 Waddill, Madisonville, KY 42431

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