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320 Silver Lake Drive

Mount Sterling KY 40353

76230 sq. ft.
Land
Currently for sale - view listing

Overview

Discover an exceptional opportunity to buy or lease prime waterfront commercial lots in the thriving community of Mount Sterling, Kentucky. Strategically positioned just off Maysville Road and I-64 at Exit 110, this 1.75-acre Class A commercial property offers unparalleled visibility and accessibility in Montgomery County. Can be subdivided into larger or smaller acreage lots at $425,000/acre. A total of 5.2 acres is available for sale or ground lease. Boasting a rare and coveted waterfront view, the entire property is accentuated by a stunning seasonal water fountain, creating an inviting ambiance for businesses and visitors alike. The site adjoins Comfort Inn & Suites, while Cattleman's Roadhouse, Cracker Barrel, Ramada Inn, Shell, Krystal, and People's Bank thrive within the same development, alongside approximately 200 residences. Hotel guests will enjoy the convenience of walking to your restaurant or other commercial venture. With the flexibility to subdivide the property, this versatile listing is currently zoned Highway Business B-2, and the seller welcomes a diverse range of developments, including restaurants, hotels, grocery stores, car dealerships, banks, credit unions, gas stations, car washes, and various other businesses. The location presents an ideal setting for a distillery, brewery, or strip shopping center, further enhanced by the wet territory designation, allowing for the sale of beer, wine, and liquor by the drink. Benefit from the availability of all essential utilities, including electric, water, sewer, natural gas, and broadband internet. The property's close proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed medical facility, adds to its appeal and potential customer base. Seize this rare chance to own or lease a premier commercial property in a high-traffic, amenity-rich location, perfect for elevating your business vision to new heights. Schedule a showing to explore the endless possibilities that await at this Mount Sterling gem.

Features

76230 sq. ft. lot size
Land

Happy sellers in Mount Sterling

95%
95% of sellers in Mount Sterling reported that their sale price either exceeded or met their price expectations.

Mount Sterling stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Mount Sterling over the last 12 months.

Local market activity for land plots in Mount Sterling

In the last 12 months, 13 land plots similar to 320 Silver Lake Drive, have been sold.

This represents a 48% increase in land plots sales when compared to the previous 12 months.

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