324 Lincoln Dr, Springfield, KY 40069 For Sale

OFFERING OVERVIEW:

We have been retained as the exclusive broker to market for sale the Comfort Inn & Suites Springfield, a Choice Hotels–branded property located in Springfield, Kentucky, the county seat of Washington County and part of the greater Central Kentucky region. The 62-room interior-corridor hotel is conveniently positioned along US Highway 150, providing direct access to the region’s primary travel corridor connecting Bardstown, Lebanon, and Danville. The subject property is located approximately 30 miles from Bardstown, 45 miles from Elizabethtown, and roughly 60 miles from Louisville, placing it within reach of several established regional demand centers. Springfield serves as a hub for government, healthcare, agriculture, and regional tourism within Washington County. The property benefits from proximity to several local demand generators including Springfield’s historic downtown district, Maker’s Mark Distillery, Central Kentucky agricultural operations, and regional government offices, as well as various manufacturing and distribution employers throughout the surrounding counties. As part of the well-recognized Comfort Inn & Suites brand within the Choice Hotels portfolio, the hotel benefits from strong brand recognition, efficient operating standards, and broad consumer appeal. Choice-branded hotels have historically demonstrated dependable performance within the upper-midscale segment, presenting investors with an opportunity to acquire a branded asset positioned to capture consistent regional demand and long-term value growth.

PROPERTY OVERVIEW:

The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change-of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $25,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Choice Hotels, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters. The subject property has under gone significant renovations in 2025 and has not yet seen a full T12 post renovation.

MARKET OVERVIEW:

The Comfort Inn & Suites Springfield is located in Springfield, Kentucky, the county seat of Washington County in the central portion of the state. Springfield is strategically positioned along US Highway 150, providing connectivity to several important regional markets including Bardstown, Lebanon, Danville, and Elizabethtown. The property is located approximately 60 miles southeast of Louisville, one of Kentucky’s primary economic and transportation hubs. Louisville serves as a major regional center for logistics, healthcare, manufacturing, and tourism, anchored by companies such as UPS, Humana, Ford Motor Company, and GE Appliances. The Springfield market benefits from a diverse mix of tourism, regional commerce, and government demand. The area is located along the internation ally recognized Kentucky Bourbon Trail, drawing consistent visitation to nearby distilleries including Maker’s Mark Distillery, one of the most visited bourbon distilleries in the state.