Description
Opportunities like this don't come along often2.5 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.
Details
| MLS # | 26006920 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | HomeLand Real Estate Inc | Shannon V Malone |
Features
| Zoning | Other |
|---|---|
| Acreage | 2.50 |
Exterior
| Lot Features | Cleared |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Rowan |
| City | Morehead |
| Zip Code | 40351 |
| Area | 061 Rowan County |
| Subarea | Rowan County |
| Community Name | Cave Run Lake |
| Listing VS Median (in Cave Run Lake) | |
Price: $1,250,000 low | high Med: $812,500 On site: 145 low | high Med: 154.5 | |
Market Activity 40351
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Learn More About This Property
| State | KY |
|---|---|
| County | Rowan |
| City | Morehead |
| Zip Code | 40351 |
| Area | 061 Rowan County |
| Subarea | Rowan County |
| Community Name | Cave Run Lake |
| Listing VS Median (in Cave Run Lake) | |
Price: $1,250,000 low | high Med: $812,500 On site: 145 low | high Med: 154.5 | |
 | $1,250,000110 S Ky-801Morehead, KY 40351 |
 | $1,250,000110 S Ky-801Morehead, KY 40351 |