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$ 1,350,000
Active
606 S 2nd Street Central City, KY 42330
9,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 9,120 sqft
Price per Sqft $148
Subdivision Commercial
MLS Listing ID 26003220
Year Built 1962
Lot Size 1.350 Acres
Acres 1.35
Property Sub-Type Hotel/Motel
Property Description
The motel provides comfortable accommodations featuring complimentary high-speed Wi-Fi, individually controlled air conditioning, a 24-hour front desk, and on-site laundry facilities. It is conveniently located within walking distance of local dining options, including El Bracero Mexican Restaurant. Muhlenberg County, Kentucky, is experiencing a notable economic transformation in its industrial sector, shifting toward defense manufacturing, specialized industrial equipment, and energy production. Key developments include: Paradise Regional Industrial Park: This 620-acre site, located approximately 3 miles west of Greenville and adjacent to the Western Kentucky Parkway, is a collaborative initiative managed by the Paradise Park Regional Industrial Authority, involving Daviess, Hopkins, McLean, Muhlenberg, and Ohio counties. The park supports a range of industries, including steel, plastics, logistics, and advanced manufacturing. Recent projects highlight its growing momentum: Biomass Engineering and Equipment (BE&E), the park's first tenant, announced a $20 million state-of-the-art manufacturing facility focused on equipment for the biomass, recycling, agricultural, and forest products sectors, with plans to create 250 jobs. Greenville Manufacturing Kentucky (a Floyd Holdings company) is establishing a new $16.2 million operation at the park, also projected to employ 250 people in similar specialized equipment production. Defense and Explosives Manufacturing: Repkon USA is constructing a $435 million, state-of-the-art trinitrotoluene (TNT) production facility in Graham, marking the first domestic TNT manufacturing in the United States in decades. This project, supported by a U.S. Army contract, underscores the region's expanding role in defense-related production. Established players such as Dyno Nobel (explosives manufacturing) and Ensign-Bickford Aerospace & Defense (EBAD) maintain significant operations in Graham. Energy Sector: The Tennessee Valley Authority (TVA) operates the Paradise Combined Cycle Plant in Drakesboro, a natural gas-fired facility that serves as a major regional employer. The site includes combined-cycle units for efficient power generation and additional combustion turbine capacity added in recent years. TVA continues to invest in complementary renewable initiatives, including solar projects. This combination of investments positions Muhlenberg County as an emerging hub for high-tech manufacturing, defense, and energy infrastructure, offering enhanced economic opportunities and supporting related business travel and development in the area.
Location
State KY
County Muhlenberg
Zoning Other
Interior
Heating Heat Pump
Cooling Multi Units
Exterior
Parking Features On Site, Open, Paved
Utilities Available Electricity Connected, Phone Connected, Water Connected
View Y/N N
Handicap Access No
Private Pool No
Others
Special Listing Condition Standard
Listed by Godby Realty & Auction
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