624 James Trimble Boulevard, Paintsville, KY 41240

$2,000,000

Property Type: Commercial Sale Square Footage: 118,703 Lot Size (sq. ft.): 217,800 Status: Closed

Current Price: $2,000,000 List Date: 12/17/2019 Last Modified: 9/03/2025

Overview

Description

Centrally located in Paintsville, Kentucky, the Ramada Wyndham Paintsville Hotel and Conference Center offers easy access to both local and regional attractions. The three story, 118,703 square foot, full service, hotel and conference building is located on a 5 acre lot directly across the street from the regional medical center. The development, built in 1982 and renovated in 2015, is strategically positioned in the center of town and benefits from several income generators including tourism, healthcare, its business center, conference and dining facilities. Hotel Amenities include: 130 rooms, restaurant, lounge, atrium, indoor and outdoor swimming pools, fitness center, guest laundry, business center with conference room, meeting rooms and office spaces.

Listing Details MLS# 1927813

Listing Information

Property Sub Type: Hotel/Motel

Status Change Information

Status Change Timestamp: 2021-05-17
Purchase Contract Date: 2021-01-22
Close Date: 2021-05-12
Close Price: 2000000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Concessions Comments: N/A

Address

County: Johnson
Street Number: 624
Street Name: James Trimble
Street Suffix: Boulevard
State: KY
Zip Code: 41240

Contract

Original List Price: 3300000
Start Showing Date: 2019-11-01
Listing Contract Date: 2019-11-01
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
SP/LP: 0.61

Tax Legal

MLS Area Major: 082 - Johnson County
Subdivision Name: Commercial

Interior

Living Area: 118703

More Information

Building

Year Built: 1982
Stories Total: 3

Lot

Lot Size Acres: 5
Lot Size Square Feet: 217800.2

Remarks

Public Remarks: Centrally located in Paintsville, Kentucky, the Ramada Wyndham Paintsville Hotel and Conference Center offers easy access to both local and regional attractions. The three story, 118,703 square foot, full service, hotel and conference building is located on a 5 acre lot directly across the street from the regional medical center. The development, built in 1982 and renovated in 2015, is strategically positioned in the center of town and benefits from several income generators including tourism, healthcare, its business center, conference and dining facilities. Hotel Amenities include: 130 rooms, restaurant, lounge, atrium, indoor and outdoor swimming pools, fitness center, guest laundry, business center with conference room, meeting rooms and office spaces.

Tax & Legal

Zoning Description: Light Industrial
Directions: Located on US-23/ James Trimble Boulevard approximately 100 miles from Lexington, Kentucky and Charleston, West Virginia.

Construction Materials

Steel Frame: Yes

Special Listing Conditions

Standard: Yes

Business Type

Hotel/Motel: Yes
Restaurant: Yes

Sale Includes

Building(s): Yes
Business: Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Inventory: Yes
Land: Yes
Licenses: Yes

Property Features

Business Type: Hotel/Motel; Restaurant Construction Materials: Steel Frame Sale Includes: Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Licenses Special Listing Conditions: Standard

Listing Office: Urban Groupe, LLC

Last Updated: September - 03 - 2025

Information deemed reliable but not guaranteed.