About This Home

This 0-bedroom, 0-bathroom commercial at 990 Maple Street in Russell Springs, KY is listed for $1,899,000 ($95 per sqft). Built in 1989, the home offers 19,960 sqft of living space on a 2.31 acres lot.

Key Features

  • Built in 1989
  • 2.31 acre lot
  • 2 stories

Property Details

2 stories
1989

Amenities

A/C
Listing Description

HUGE INVESTMENT OPPORTUNITY | LAKER INN - RUSSELL SPRINGS, KY | LAKE CUMBERLAND AREA Position yourself for opportunity with the chance to own one of the few motels serving the Russell Springs and Lake Cumberland area! Currently operating as Laker Inn, this 54-room motel offers an exceptional opportunity for investors, hospitality operators, or entr

epreneurs looking to capitalize on a strategic location near Lake Cumberland, one of Kentucky's most popular recreational destinations. Conveniently located adjacent to Russell County Hospital and just minutes from local dining, shopping, and everyday amenities, this property offers the accessibility travelers appreciate.

With easy boat parking and convenient access to the Cumberland Parkway, South Highway 127, and the surrounding Lake Cumberland region, the location is well-positioned to serve tourists, lake visitors, business travelers, and guests visiting the area year-round.

The motel's immediate proximity to Russell County Hospital provides an additional opportunity to serve hospital-related travelers, including families and loved ones seeking convenient overnight accommodations while visiting patients, as well as other medical-related visitors.

The motel features 54 guest rooms, most of which have been remodeled, along with an inviting in-ground swimming pool that adds to the property's recreational appeal. Whether welcoming summer lake-goers, families, traveling professionals, or visitors exploring everything the Lake Cumberland area has to offer, this property presents an exciting opportunity to establish or expand a hospitality investment in a market with limited motel options.

Adding even more potential to this offering is an additional 0.412-acre lot with frontage on South Highway 127. This valuable parcel could provide additional parking to accommodate motel guests and boat trailers or offer the possibility of future development or a separate sale, subject to applicable zoning, approvals, and buyer verification.

The combined property consists of approximately 2.312 acres, to be confirmed by the buyer, offering room to explore future improvements, operational enhancements, and additional investment strategies. The possibilities are substantial! Continue operating the motel, explore opportunities to enhance the guest experience, or investigate the potential of the additional highway-frontage parcel.

With 54 rooms, an in-ground pool, a convenient location near the hospital and local amenities, and easy access to Lake Cumberland, this is a rare opportunity to acquire a hospitality property in a highly desirable regional destination. Opportunities like this don't come along every day!

Bring your vision and explore the potential of Laker Inn in Russell Springs, Kentucky-your opportunity to invest in the gateway to Lake Cumberland! Buyer to verify acreage, room count, property boundaries, zoning, permitted uses, development potential, utilities, and all information deemed important to the purchase.

Monthly Cost Estimate

$10,156/mo

20% down · 6.5% · 30 years

Principal$1,373
Interest$8,229
Insurance$554

Estimates only. Actual payments may vary.

Location

990 Maple Street

Russell Springs, KY 42642

Downtown

Property Details

Parking

Open

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 990 Maple Street is listed at $1,899,000 ($95/sqft). The estimated monthly payment is $10,156 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 2.31 acre lot, 2 stories.

This property is listed by Ashly V Smith.

AS

Ashly V Smith

Agent at Lake Cumberland Real Estate Professionals

Listed by Lake Cumberland Real Estate Professionals · Broker phone: (606) 677-0059 · Broker website

MLS# 26028998· Source: ImagineMLS· 13 days on PropertySimple

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

990 Maple Street, Russell Springs, KY 42642

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