Former Studio 3/Red Elephant Studio in downtown Central City. Excellent condition with recent updates. This building is very spacious and well suited for multiple users! Limitless opportunities.
36 room motel sitting on 2.2 +/- acres. 30 rooms are double bed and 6 rooms are single bed rooms. Above the office is a 3 bed, 1 bath, living space with kitchen and living room. There is also a double bed guest room accessed through the office. This motel has a great location less than 1 mile off I-69 / Western Kentucky Parkway and is across the road from McDonalds & Subway. Great business opportunity with room to add on or make other investments with the acreage not being used!
The median home value in Central City, KY is $106,000. This is higher than the county median home value of $103,800. The national median home value is $338,100. The average price of homes sold in Central City, KY is $106,000. Approximately 65.46% of Central City homes are owned, compared to 21.73% rented, while 12.81% are vacant. Central City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Central City real estate agent to arrange a tour today!
Central City, Kentucky has a population of 5,958. Central City is more family-centric than the surrounding county with 29.46% of the households containing married families with children. The county average for households married with children is 27.24%.
The median household income in Central City, Kentucky is $56,316. The median household income for the surrounding county is $46,124 compared to the national median of $69,021. The median age of people living in Central City is 38.4 years.
The average high temperature in July is 88.3 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 46.9 inches per year, with 5.5 inches of snow per year.