1798 S Wilderness Road,Mt Vernon, KY 40456
Mt Vernon, KY 40456
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
Details
| MLS # | 26014158 |
|---|---|
| Listing Type | For Sale |
| Style | Hotel/motel |
| Building Name | 3Y Hospitality |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 70 |
| Listing Provided By | High Point Realty & Auction | Kenneth DeGrant |
Features
| SQ Feet | 19,968 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 1.40 |
Interior
| Cooling | Zoned |
|---|---|
| Heating | Electric, Propane |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Rubber |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Open, Paved |
Utilities
| Utilities | Electricity Connected, Propane Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Rockcastle |
| City | Mt Vernon |
| Zip Code | 40456 |
| Area | 022 Rockcastle County |
| Subarea | Rockcastle County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $400,000 low | high Med: $30,000 sqft: 19,968 low | high Med: 1,423 $ / sqft: $20 low | high Med: $29 On site: 70 low | high Med: 152 | |
Market Activity 40456
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Learn More About This Property
| State | KY |
|---|---|
| County | Rockcastle |
| City | Mt Vernon |
| Zip Code | 40456 |
| Area | 022 Rockcastle County |
| Subarea | Rockcastle County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $400,000 low | high Med: $30,000 sqft: 19,968 low | high Med: 1,423 $ / sqft: $20 low | high Med: $29 On site: 70 low | high Med: 152 | |
