# 51 Madison Square Dr, Madisonville, KY 42431

> **TL;DR:** commercial, $299,900. Est. $1,300/mo. Listed 440 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $299,900 |
| Lot Size | 14,810 sqft (0.34 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 440 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,300 |
| **Total** | **$1,300** |

## Property Highlights

- 0.34 acre lot

## Description

### Agent Description
Prime commercial location offering limitless potential. This property is nestled among respected businesses in a high-traffic area of Madisonville. It provides easy accessibility and would be an ideal location for high visibility. Additionally, it is conveniently located near the I-69 corridor. The building operated as a car wash but has been razed to create a blank canvas. It would be perfect for a coffee shop, fast-food restaurant, urgent care, laundry service, or many other convenience businesses. Please call or text Joe Daugherty or David Phelps if you have any questions.

## Location

- **Address:** 51 Madison Square Dr, Madisonville, KY 42431
- **County:** Hopkins
- **Neighborhood:** MADISONVILLE
- **Coordinates:** 37.3246546, -87.4803164
- **Google Maps:** https://www.google.com/maps?q=37.3246546,-87.4803164

## Listing Agent

- **Name:** DAUGHERTY - PHELPS TEAM
- **Brokerage:** Triple Crown Realty Group
- **Phone:** 2703137964
- **Email:** daughertyphelpsteam@gmail.com

## Primary Photo

![51 Madison Square Dr - Primary Photo](http://lh.rdcpix.com/6534be3ca951d0d8ce229ca0fa0f86adl-f3912747505r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/51-madison-square-dr-madisonville-ky-42431-ky91788)*

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**MLS#:** 91788 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/51-madison-square-dr-madisonville-ky-42431-ky91788)

---

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