Central City KY Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1945
Baths:
MLS#:
1278947
Subdivision:
N/A

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2.22 Acres
Year built:
1965
Baths:
MLS#:
1277290
Subdivision:
None

ADDITIONAL INFORMATION

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!

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509

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Central City Real Estate

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.

Central City Weather

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.

Central City Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    14
    30-day change

Central City Schools and Demographics

Education near Central City, KY

Metric City County
High School Graduates 85.91 83.35
College Degree - 2 year 10.34 9.94
College Degree - 4 year 14.07 11.96
Graduate Degree 5.98 3.94
Expenditures per Student 13,485 13,485
Students per Teacher 15.2 15.2

Elementary Schools near Central City, KY

School Grades Students P/T Ratio ZIP
Bremen Elementary School PK - 05 387 12.5 42325
Central City Elementary School PK - 05 500 13.6 42330
Marie Gatton Phillips Elementary PK - 05 115 12.3 42372
Muhlenberg South Elementary School PK - 05 561 14 42323
Western Elementary School PK - 06 303 14.4 42328

Ungraded Schools near Central City, KY

School Grades Students P/T Ratio ZIP
Green River Education Center UG - UG 0 42330

Demographics near Central City, KY

Metric City County
Neighborhood Type Small town
Population 5,958 31,011
Population Density 1,138 66
Median Age 38.4 43.2
People per Household 2.8 2.6
Median Household Income 56,316 46,124
Average Income per Capita 35,607 28,609