Lancaster KY Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
13,650
Status:
Active
MLS#:
25503019
Type:
Mixed Use
Subdivision:
Downtown
Lot size:
0.44 Acres
A broker reciprocity listing Courtesy: Zen Door Real Estate, Inc 859-279-2193
View additional info

ADDITIONAL INFORMATION

Unlock a rare opportunity to own two adjacent church buildings totaling over 12,000 square feet in the heart of Lancaster. 57 Highland Ave, the white church, was renovated in 2021 and features newer HVAC, updated plumbing, and refreshed bathrooms. It also includes an upstairs studio apartment that offers flexible use for on-site management, meeting space, or potential rental income. 65 Highland Ave, the brick church formerly used as a Nazarene facility, provides a large open sanctuary, full basement (partially finished), and classic masonry character awaiting new vision and updates. Both properties are located within Lancaster city limits and zoned commercial, offering exceptional flexibility for a wide range of uses. Public utilities are available (buyer to verify). Together they present an opportunity for continued religious use, nonprofit or community development, educational programs, residential conversion, or creative mixed-use redevelopment. With a central downtown location just minutes from US-27 and Main Street, this package offers scale, history, and future potential for an investor, developer, or organization looking to make a lasting impact in the community.

Beds:
n/a
Baths:
Sq.Ft.:
3,672
Status:
Active
MLS#:
25504044
Type:
Business Opportunities
Subdivision:
Rural
Lot size:
1.46 Acres
A broker reciprocity listing Courtesy: Cornerstone Realty & Auction 859-304-5051
View additional info

ADDITIONAL INFORMATION

For Sale: Turnkey Opportunity!** Step into a local gem with this family-owned diner, a beloved establishment known for its incredible food and great prices. With an updated building and equipment, this turnkey restaurant is perfect for anyone looking to dive into the culinary world. This diner has built a loyal customer base, attracting locals and visitors alike from all over the state. Its reputation for consistent quality and value has resulted in an established business that is a respected brand in the community. Key Features - Modern building and equipment for efficient operations - Turnkey setup, ready for a new owner to take the reins - Strong customer loyalty. Don't miss this opportunity to own a successful business. Inquire today to learn more about this profitable business!

Beds:
n/a
Baths:
Sq.Ft.:
3,672
Status:
Active
MLS#:
25504043
Type:
General Commercial
Subdivision:
Rural
Lot size:
1.46 Acres
A broker reciprocity listing Courtesy: Cornerstone Realty & Auction 859-304-5051
View additional info

ADDITIONAL INFORMATION

For Sale: Prime Commercial Property - Turnkey Business Opportunity! Discover a well-maintained commercial property offering exceptional visibility and endless potential. This updated building has been home to a successful local business and is equipped for a variety of uses — retail, office, food service, or professional operations. With modern systems, efficient layout, and strong community presence, this property provides the ideal foundation for your next venture. Key Features: Well-kept, modern commercial building with updated equipment and utilities. Excellent Main Street location with high visibility and easy access. Turnkey setup ready for immediate occupancy or a new concept. Established presence and strong local support. Don't miss this opportunity to own a versatile commercial property in a thriving Kentucky community. Contact us today to explore the possibilities!

Beds:
n/a
Baths:
Sq.Ft.:
3,672
Status:
Active
MLS#:
25500632
Type:
General Commercial
Subdivision:
Rural
Lot size:
1.46 Acres
A broker reciprocity listing Courtesy: Cornerstone Realty & Auction 859-304-5051
View additional info

ADDITIONAL INFORMATION

For Sale: Turnkey Opportunity!** Step into a local gem with this family-owned diner, a beloved establishment known for its incredible food and great prices. With an updated building and equipment, this turnkey restaurant is perfect for anyone looking to dive into the culinary world. This diner has built a loyal customer base, attracting locals and visitors alike from all over the state. Its reputation for consistent quality and value has resulted in an established business that is a respected brand in the community. Key Features - Modern building and equipment for efficient operations - Turnkey setup, ready for a new owner to take the reins - Strong customer loyalty. Don't miss this opportunity to own a successful business. Inquire today to learn more about this profitable business!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25007491
Type:
General Commercial
Subdivision:
Commercial
Year built:
1790
A broker reciprocity listing Courtesy: Danny Ayres Realty & Auction 859-792-4025
View additional info

ADDITIONAL INFORMATION

This listing includes 1, 3 & 5 Public Square. There are 2 stores and an apartment on the top floor. It is the old Subway store and the store beside it. Apartment upstairs could be lived in if the back wall is repaired. Owner has a copy of the engineering report on repairs that need to be completed.

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Andrea D. Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way, Suite 102, Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2026 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Lancaster Real Estate

Lancaster is located in Kentucky. Lancaster, Kentucky has a population of 3,845. Lancaster is less family-centric than the surrounding county with 20.77% of the households containing married families with children. The county average for households married with children is 29.69%.

The median household income in Lancaster, Kentucky is $42,641. The median household income for the surrounding county is $58,137 compared to the national median of $69,021. The median age of people living in Lancaster is 36.2 years.

Lancaster Weather

The average high temperature in July is 85.7 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 45.4 inches per year, with 12 inches of snow per year.

Lancaster Map

Lancaster Real Estate Market Conditions

  • Median sales price

    $328,000
    15.5%
    change since last quarter
  • # Active listings

    110
    30-day change

Lancaster Schools and Demographics

Education near Lancaster, KY

City County
High School Graduates 75.49 85.47
College Degree - 2 year 7.71 8.86
College Degree - 4 year 10.75 20.46
Graduate Degree 3.24 7.19
Expenditures per Student 11,164 11,164
Students per Teacher 14.3 14.3

Elementary Schools near Lancaster, KY

Grades Students P/T Ratio ZIP
Camp Dick Robinson Elementary School PK - 05 518 16.7 40444
Hogsett Elementary School PK - 05 355 14.6 40422
Jennie Rogers Elementary School KG - 05 254 12 40422
Lancaster Elementary School PK - 05 498 15.6 40444
Paint Lick Elementary School PK - 05 347 16.1 40461
Toliver Elementary School KG - 05 324 16.5 40422
Woodlawn Elementary School PK - 05 613 16.3 40422

Middle Schools near Lancaster, KY

Grades Students P/T Ratio ZIP
BATE Middle School 06 - 08 400 16.3 40422
Boyle County Middle School 06 - 08 633 16.8 40422
Garrard Middle School 06 - 08 578 16.1 40444

High Schools near Lancaster, KY

Grades Students P/T Ratio ZIP
Boyle County High School 09 - 12 838 17.4 40422
Danville High School 09 - 12 508 15.7 40422
Garrard County High School 09 - 12 728 14 40444

Ungraded Schools near Lancaster, KY

Grades Students P/T Ratio ZIP
* Boyle County Day Treatment 07 - 12 11 11 40422
Burgin Independent School PK - 12 498 13.9 40310
Garrard County Area Technology Center UG - UG 0 40444
Kentucky School for the Deaf 02 - 12 91 40422
North Point Education Center UG - UG 0 40310
Sunrise Children's Services - Woodlawn 02 - 11 26 8.4 40422

Demographics near Lancaster, KY

City County
Neighborhood Type Small Town
Population 3,845 17,018
Population Density 1,758 74
Median Age 36.2 43.4
People per Household 2.5 2.6
Median Household Income 42,641 58,137
Average Income per Capita 24,524 29,194

Real estate near Lancaster