Nolin Lake Restaurant, Lodge and Motel

Retail-Commercial for Sale
Catylist Listing ID: 30007922
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 4,458 SF
Sale Price: $215,999
Unit Price: $48.45 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2017

Overview / Comments

Fantastic Turnkey business opportunity! Nolin Lake lodge, restaurant and motel is located in South Central KY on Nolin Lake overlooking Wax Marina! Approx. 75 miles from Louisville and 100 miles from Nashville. There are 2 picnic areas with grills. The 10 motel rooms have been updated and feature air conditioning, internet, cable tv and beautiful views of the lake. All furniture, fixtures and restaurant equipment remain. Don't miss out on this rare opportunity!

Additional Details

Nearest MSA: Elizabethtown-Fort Knox
County: Grayson
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Recreation
Property Visibility: Excellent
Highway Access: From I-65 in Louisville. Head south to exit 76 toward Upton. Turn right on Upton Talley Road, KY-224. Turn right onto South Walnut Street / US-31. Take the 2nd left onto Grayson Street / KY-224, turn left onto Wax Road KY-479. Turn left onto Peonia RD / KY-88. 14088 Peonia road is on the left, next to the marina.
Exterior Description: 2.5 Acres leased from Corp of Engineers.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 905 2,489
Median Age: 51.02 45.1
Households: 397 1,011

Contact

Source

© Copyright Kentucky Commercial Real Estate Alliance. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.