# 538 E Center St., Madisonville, KY 42431

> **TL;DR:** commercial, $1,000,000 ($182/sqft), built 2007, 5,500 sqft. Est. $5,349/mo. Listed 189 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,000,000 |
| Price/sqft | $182 |
| Square Feet | 5,500 |
| Year Built | 2007 |
| Lot Size | 86,684 sqft (1.99 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 189 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $5,057 |
| Estimated Insurance | $292 |
| **Total** | **$5,349** |

## Property Highlights

- Built in 2007
- 1.99 acre lot

## Description

### Agent Description
Prime investment opportunity in a high-traffic, high-visibility location. This offering includes four large commercial buildings, all in excellent condition with ample on-site parking to support a variety of business uses. Three of the four buildings are secured with established 5-year leases, providing immediate and stable income for investors. The fourth building offers additional income potential or flexibility for owner-user occupancy. Positioned in an area with strong exposure, this property benefits from consistent traffic flow and excellent accessibility. Well-maintained structures and a solid tenant base make this a turnkey investment with long-term upside. Don't miss this rare opportunity to acquire a multi-building commercial portfolio in a great location. Contact Maggie Sheets for more info!

## Location

- **Address:** 538 E Center St., Madisonville, KY 42431
- **County:** Hopkins

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/538-E-Center-St-Madisonville-KY-42431/unbranded

## Listing Agent

- **Name:** Maggie Sheets
- **Brokerage:** Heritage Homes Real Estate
- **Broker Phone:** (270) 825-9090
- **Listing URL:** [View original listing](http://www.usamls.net/madisonville/default.asp?content=expanded&mls_number=121827)

## Photos

![538 E Center St. - Photo 1](http://lh.rdcpix.com/a3c79931b2f16ed5d6fcd6fc766f60ebl-f828339213r.jpg)

![538 E Center St. - Photo 2](http://lh.rdcpix.com/a3c79931b2f16ed5d6fcd6fc766f60ebl-f528719943r.jpg)

![538 E Center St. - Photo 3](http://lh.rdcpix.com/a3c79931b2f16ed5d6fcd6fc766f60ebl-f460052714r.jpg)

![538 E Center St. - Photo 4](http://lh.rdcpix.com/a3c79931b2f16ed5d6fcd6fc766f60ebl-f237564636r.jpg)

---

**MLS#:** 121827 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/538-e-center-st-madisonville-ky-42431-bf518419ea12414798d1647443a68d47)

---

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