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110 S Ky-801 , Morehead, KY 40351

$1,250,000
  • 110 S Ky-801 , Morehead, KY 40351 Main Photo

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New to the Market Active
LOT SIZE 2.500 acres MLS#26006920
STATUS PROPERTY TYPELand - Lot/Land SUBDIVISIONCave Run Lake

Property Description

Opportunities like this don't come along often???2.5 acres of prime commercial property at Cave Run Lake positioned right in the path of heavy traffic along both US 60 and KY 801, offering the kind of visibility and access entrepreneurs wait for, with a blank canvas and unlimited potential for whatever vision you want to bring to life. Currently on the property are two operating businesses Pop's Barbecue and Memaw's Liquor but the true value is in the land, location and flexibility, whether you envision a restaurant, retail space, event venue, short-term rental hub, outdoor recreation business or something entirely new. The site features over 300 feet of road frontage, a large parking area with additional space for boats, campers and trailers, plus existing structures that can be utilized, repurposed or reimagined, including a 1,182 sq ft restaurant building with indoor dining, covered outdoor seating and a walk-up window, along with a 576 sq ft liquor store that operates year-round and keeps consistent traffic flowing. Located just minutes from Cave Run Lake and surrounded by the draw of Daniel Boone National Forest, the area sees steady year round traffic from locals but heavey seasonal boaters, campers, hikers and travelers year-round, creating built-in demand before you ever spend a dollar on marketing. This is a turn-key opportunity if you want it, but it's also so much more. Buy it, keep it as-is, expand it or completely reinvent it, because this location can be anything you want it to be, and properties like this are rarely available. For the full commercial opportunity listing with all details and pictures, search MLS 26001287.

110 S Ky-801 | MLS# 26006920

This land located at 110 S Ky-801 , Morehead, KY 40351 is currently listed for sale with an asking price of $1,250,000. The property has approximately 2.50 Acres. Search Morehead real estate on tsmith.salliedavidson.com today.

Property Features

Property Type: Land - Lot/Land
Lot Size: 2.50 Acres

Feature Descriptions

Days on Site: 1
Lot Dimensions: 2.500 acre(s)
Lot Features: Cleared
Parcel #: 021-00 00 049.02 and .03
Possible Use: Commercial, Industrial, Recreational, Professional, Resort
Topography: Cleared
Topography: Cleared
Utilities: Electricity Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: HomeLand Real Estate Inc

Shown By

Agent Name: Tim Smith
Agent Phone: (606) 682-0320
Agency Title: SALLIE DAVIDSON, REALTORS

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Estimate Your Payment

Estimated Payment

$ 4,855.03 per month $4,490.45 Principal & Interest $0.00 Property Tax (data not provided by mls) $364.58 Homeowner's Insurance

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