1798 S Wilderness Road Mt, Mt Vernon, KY 40456

$400,000
19,968
SqFt

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List Price
$400,000
Status
ACTIVE
Days on Market
93
MLS#
26014158
Subtype
Commercial Sale
Year Built
9999
Living Area
19,968
Lot Size
60,984
Acres
1.40
Subdivision
Commercial
Neighborhood
022 - Rockcastle County
MLS Area Major
022 - Rockcastle County

Property Description

Auction will be Live or Online 10 am on July 18, 2026. Excellent investment opportunity just off I-75. Excellent income producing opportunity. Documents available. 46 unit motel located just off I75 in Mt Vernon and situated on 1.4 of an acre. The motel consists of 45 rooms available for guests: 33 rooms with King size 1 bed, 12 rooms with 2 queen size beds, 1 housekeeper room with kitchen apart from the 45 rooms, Front units were renovated in 2018 and some back units per Seller. Owner lives on site presently in attached owner's quarters that consists of 3 bedrooms and 2 bathrooms. KU electric, blacktop paved parking lot, storage building on site, all operating motel equipment stays and individual heat/air in each unit. Security cameras on the property. Priced to sell. Per previous title entrance is an easement (30ft). We will be selling by the deed. Sale terms: If you bid online you must submit a letter of good standing from your bank at least 24 hours prior to auction. Selling by the deed. Call Auctioneer Ken DeGrant license # 281879 www.highpointky.com

Additional Information

Zoning
Other
Heating
Electric, Propane
Air Conditioning
Zoned
Roof
Rubber
Parking Features
On Site, Paved, Open

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Calculator source: Real Geeks

Listing courtesy of Kenneth DeGrant of High Point Realty & Auction.