606 S 2nd Street
Central City, KY, 42330 $ 1,350,000
Bedrooms-- Baths-- Sq 1,929 for $1,350,000. This 1,929 square foot property was built in 1962 on a lot size of 1.35.
The motel provides comfortable accommodations featuring complimentary high-speed Wi-Fi, individually controlled air conditioning, a 24-hour front desk, and on-site laundry facilities. It is conveniently located within walking distance of local dining options, including El Bracero Mexican Restaurant. Muhlenberg County, Kentucky, is experiencing a notable economic transformation in its industrial sector, shifting toward defense manufacturing, specialized industrial equipment, and energy production. Key developments include: Paradise Regional Industrial Park: This 620-acre site, located approximately 3 miles west of Greenville and adjacent to the Western Kentucky Parkway, is a collaborative initiative managed by the Paradise Park Regional Industrial Authority, involving Daviess, Hopkins, McLean, Muhlenberg, and Ohio counties. The park supports a range of industries, including steel, plastics, logistics, and advanced manufacturing. Recent projects highlight its growing momentum: Biomass Engineering and Equipment (BE&E), the park's first tenant, announced a $20 million state-of-the-art manufacturing facility focused on equipment for the biomass, recycling, agricultural, and forest products sectors, with plans to create 250 jobs. Greenville Manufacturing Kentucky (a Floyd Holdings company) is establishing a new $16.2 million operation at the park, also projected to employ 250 people in similar specialized equipment production. Defense and Explosives Manufacturing: Repkon USA is constructing a $435 million, state-of-the-art trinitrotoluene (TNT) production facility in Graham, marking the first domestic TNT manufacturing in the United States in decades. This project, supported by a U.S. Army contract, underscores the region's expanding role in defense-related production. Established players such as Dyno Nobel (explosives manufacturing) and Ensign-Bickford Aerospace & Defense (EBAD) maintain significant operations in Graham. Energy Sector: The Tennessee Valley Authority (TVA) operates the Paradise Combined Cycle Plant in Drakesboro, a natural gas-fired facility that serves as a major regional employer. The site includes combined-cycle units for efficient power generation and additional combustion turbine capacity added in recent years. TVA continues to invest in complementary renewable initiatives, including solar projects. This combination of investments positions Muhlenberg County as an emerging hub for high-tech manufacturing, defense, and energy infrastructure, offering enhanced economic opportunities and supporting related business travel and development in the area.
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FeaturesGeneralHeating Heat Pump
Cooling Multi Units
Utilities Electricity Connected Phone Connected Water Connected
Possession Close Of Escrow
Zoning Other
Year Built 1962
Electric 200+ Amp Service
Property Subtype Hotel/Motel
Parcel Number 142-03-03-030
Business Type Hotel/Motel
Business Name Caronoda Motel
County Muhlenberg
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Status Active
Directions 606 S. Second Street is situated off Interstate 66 approximately 7 miles from the Duncan Cultural Center Museum.
City Central City
Zoning Description Within City Limits
MLS Area 100 - Muhlenberg County
Lot Size Units Acres
Lot Size Square Feet 58806.0
Land Lease Y/N N
MLS Area Minor 100 - Muhlenberg County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Lease Type None
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorParking Features On Site Open Paved
Lot Size Area 1.35
Number of Buildings 2
Building Area Total 9120.0
Lot Size Acres 1.35
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Heat Pump True
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* Excluded FeaturesList ByGodby Realty & AuctionBroker
ron@gkgcommercial.comEmail
NearbyAbout Central City, KY 9,363 Population
-6% Since 2002
$ 40,808 Median Income
40.87 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/23/2026 | $1,350,000 | | Listed Price |