$385,000
Prime 7-acre commercial and investment opportunity near Laurel Lake and the Cumberland River. This exceptional multi-use property is located in a high-traffic area just minutes from some of the region's most popular recreational destinations. The property features a large commercial building that was previously operated as a busy local store,… Read More offering immediate potential for retail, restaurant, or service-based business use. Positioned only 5 minutes from Holly Bay Marina on Laurel Lake and 7 minutes from the Cumberland River boat dock, this property is ideally suited for a wide variety of income-producing opportunities catering to the area's strong tourism and outdoor recreation market. The current owner has completed extensive excavation and site preparation, creating multiple usable areas across the property and opening the door for numerous development possibilities, including marine and camper storage, a campground or RV park, nightly cabin or vacation rentals, a watersport rental and maintenance business, individual RV lots for resale, boat and trailer storage, or a continued store and restaurant operation. With excellent accessibility, strong visibility, and a location surrounded by year-round lake and river traffic, this property offers incredible flexibility for investors, entrepreneurs, or developers looking to capitalize on one of the area's fastest-growing recreational corridors. Rarely does a property with this much potential, infrastructure preparation, and strategic location come available. Endless possibilities await. Read Less
Courtesy of Keller Williams Legacy Group,
Listing Snapshot
Days Online
75
Last Updated
Property Type
Single Family Residence
Full Baths
1
Square Ft.
896
Lot Size
7 Acres
Year Built
2013
MLS Number
26011206
30 Days Snapshot Of 40744
$280k
-8%
(avg) sold price
12
-25%
homes sold
93
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building area total: 896, Built in 2013
Cooling
Ductless
Heating
Ductless
Lot
7 acres, Lot size area: 7, 304,920 square feet
Sewer
Septic Tank
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Matt Mitchell

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Listing Information © Lexington-Bluegrass Association of REALTORS®. All Rights Reserved.
Some of the information contained herein has been provided by the Lexington-Bluegrass Association of REALTORS®. This information is from sources deemed reliable but not guaranteed by LBAR. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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