Morehead KY Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
960
Status:
Active
MLS#:
25503354
Type:
Mixed Use
Subdivision:
Rural
Lot size:
27.48 Acres
A broker reciprocity listing Courtesy: SimpliHOM 859-509-8401
View additional info

ADDITIONAL INFORMATION

Discover a unique opportunity with this versatile 960 ft² commercial building situated on a sprawling 27.475 acres of gently rolling farmland, featuring over 1,200 feet of road frontage along the bustling Highway 32. This prime location serves as a vital connector between Rowan and Fleming counties, offering excellent visibility and accessibility for various commercial ventures. The land is predominantly cleared and currently maintained for hay production, presenting an ideal scenario for agricultural use while also opening doors for mixed-use development. The commercial building is complemented by a generous parking lot, ensuring ample space for customers or clients and providing seamless access to the expansive farmland. In addition to the main structure, the property features a barn and a rental house, available for just $550 a month. While the rental house is in need of renovation, it presents an opportunity to continual additional income. Potential Uses This property is a blank canvas for a variety of potential uses, including: - Mixed-Use Commercial Development: Ideal for businesses that benefit from high traffic visibility, such as retail outlets, restaurants, or service-oriented enterprises. - Agricultural Ventures: Continue the current hay production or explore other farming possibilities, including livestock or crop cultivation. - Residential Real Estate Development: The gently rolling landscape is perfect for creating residential lots, enhancing the local housing market. - Recreational Facilities: Utilize the farmland for outdoor recreation, such as a farm-to-table venue, event space, or community gardens. Investment Highlights -Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential customers or clients. - Versatile Property: The combination of commercial space, farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected, gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. This property presents an exceptional opportunity for investors and developers looking to capitalize on a prime location with diverse potential uses. Don't miss your chance to own a piece of land that combines commercial viability with agricultural charm!

Beds:
n/a
Baths:
Sq.Ft.:
4,032
Status:
Active
MLS#:
25017257
Type:
General Commercial
Subdivision:
Rural
Lot size:
12 Acres
A broker reciprocity listing Courtesy: C Roger Lewis Agency 606-784-4168
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ADDITIONAL INFORMATION

Prime Acreage for Commercial or Residential Development. 12 Acres+/- with over 250 Feet Road Frontage on KY 801 North the fastest growing corridor or Rowan County. Current home could be used for Residential or modified to a nice Medical Office. Topography is good for Future Development with Great Opportunity with a Wide Range of Potential Uses. Located less 1.5 miles from I-64 and only 1.8 miles from US 60 West. Home features 4 Bedrooms/Offices, 3.5 Baths and over 4,032 Total Square Feet.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25016410
Type:
General Commercial
Subdivision:
Rural
Lot size:
22 Acres
Year built:
2019
A broker reciprocity listing Courtesy: United Real Estate Bluegrass 859-800-7355
View additional info

ADDITIONAL INFORMATION

This Investment Portfolio consist of 2 performing Airbnb cabins, 2 -900+sq.ft. rental houses, 1 larger house, 1 mobile home and a 13 acre 11 space campground, a 4.5 acre 8 space campground(room to enlarge or use extra land for building homes), 1-approx .67 acre building lot, and another approx. .5 acres lot. This property offers great income potential with room to expand. 13 acre campground is at the end of Kennedy Court and the rest is on Moore's Flat Rd, Still Meadow Court and Lawson Rd. Opportunity awaits. Rent schedule available to interested qualified buyers!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25016019
Type:
Office
Subdivision:
Downtown
Lot size:
0.25 Acres
Year built:
1895
A broker reciprocity listing Courtesy: HomeLand Real Estate Inc 606-356-3063
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ADDITIONAL INFORMATION

Now is your chance to own a prime Downtown Morehead location complete with parking! There are so few opportunities to own property on Main Street—much less right in the middle of it all—and with this much square footage, the potential for multiple businesses in the same building is incredible. Situated in the heart of the Entertainment District, this historic building—originally constructed circa 1894—has been impeccably maintained and bears witness to over a century of community history. A generous rear addition with soaring ceilings was added in 2003, when the owners also replaced the roof, installed two HVAC systems, upgraded select windows, and enclosed the front room. The entire building was rewired within the last 15-20 years. Formerly home to a florist and café, the property includes walk-in coolers, a fully equipped kitchen, two main-floor half baths, and a concrete block shower in the basement. It's offered turnkey, with all contents: tables, chairs, employee lockers, time clock, catering supplies, serving chafer pans, drink dispensers, fabric tablecloths, and napkins. Additional features include ample upstairs storage, a 1,000 sq. ft. basement, and covered front and side porches—perfect for outdoor dining. Don't miss this rare opportunity to own such a versatile, fully outfitted commercial property in Downtown Morehead! With a traffic count of 6,000 - 7,000 daily daily this is a very high visibility location!

Beds:
n/a
Baths:
Sq.Ft.:
6,500
Status:
Active
MLS#:
25015437
Type:
General Commercial
Subdivision:
Commercial
Year built:
1960
A broker reciprocity listing Courtesy: United Real Estate Bluegrass 859-800-7355
View additional info

ADDITIONAL INFORMATION

NEW LEASE OPPORTUNITY - PRIME OFFICE SPACE! Looking for an office space just outside the city limits but within the business district of Morehead? This 6,500 sq ft building offers potential tax and expense advantages—a great opportunity for businesses looking to grow while saving. ✨ Property Highlights: 1 welcoming lobby 1 conference room 1 break room/kitchen area 12 private offices in the rear 2 front offices connected by a doorway, perfect for reception or executive use 3 bathrooms, including one private (adjoined to an office) 1 storage area for added convenience Freshly blacktopped parking lot with ample space Easy access and handicap-friendly entry This space combines functionality with comfort—ideal for professional, medical, or administrative use. 📞 Call today to schedule a tour and learn more about leasing options!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25012255
Type:
Mixed Use
Subdivision:
Rural
Lot size:
4.14 Acres
A broker reciprocity listing Courtesy: Rector Hayden Realtors 859-276-4811
View additional info

ADDITIONAL INFORMATION

Unique Multi-Use Income Property Located Near Cave Run Lake! Seize this rare opportunity to own a versatile income-generating property on 4.14 +/- acres perfectly situated just minutes from Cave Run Lake and under an hour from Red River Gorge, Carter Caves, and Grayson Lake! Property features 10 storage units, 17 RV sites, (listed on Airbnb) Commercial building with main floor's potential use for store, office, business, or apartments, and second floor has a 3 bedroom 1.5 bath apartment. Also features 2 cozy guest-ready cabins, and 2 bathhouses. Live on-site run your own business, or expand your rental portfolio. This property has endless possibilities so don't miss out on this hard to find gem!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25002596
Type:
Other
Subdivision:
Commercial
Lot size:
237 Acres
A broker reciprocity listing Courtesy: United Real Estate Bluegrass 859-800-7355
View additional info

ADDITIONAL INFORMATION

Property is sold by boundary, not by acreage, Appx. 2 acres on the frontage can be sold for $1,500,000. This property is zoned B-2 (Highway Business). 16 inch water lines at the road, sewer and gas at opposite side of Flemingsburg Rd. Morehead is growing and this is a prime location! The backside of this property can be developed for residential purposes. There are so many possibilities for any savvy investor for both commercial and residential development.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
25000219
Type:
Other
Subdivision:
City Limits
Lot size:
2 Acres
A broker reciprocity listing Courtesy: United Real Estate Bluegrass 859-800-7355
View additional info

ADDITIONAL INFORMATION

PRIME LOT!! Discover this commercial lot which is located in a bustling area for that savvy investor! This property is pad ready! You will not find very many lots such as this within the Morehead area, ready for an investor to build, there are so many possibilities! Do not miss out! Please contact me!

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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 2025 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Morehead Real Estate

Morehead is located in Kentucky. Morehead, Kentucky has a population of 6,994. Morehead is more family-centric than the surrounding county with 36.05% of the households containing married families with children. The county average for households married with children is 35.25%.

The median household income in Morehead, Kentucky is $33,409. The median household income for the surrounding county is $45,681 compared to the national median of $69,021. The median age of people living in Morehead is 21.6 years.

Morehead Weather

The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 46.3 inches per year, with 8.1 inches of snow per year.

Morehead Map

Morehead Real Estate Market Conditions

  • Median sales price

    $212,500
    19.3%
    change since last quarter
  • # Active listings

    65
    30-day change

Morehead Schools and Demographics

Education near Morehead, KY

City County
High School Graduates 90.88 86.9
College Degree - 2 year 4.08 8.22
College Degree - 4 year 29.68 25.83
Graduate Degree 6.84 10.04
Expenditures per Student 11,683 11,683
Students per Teacher 16.7 16.7

Elementary Schools near Morehead, KY

Grades Students P/T Ratio ZIP
Clearfield Elementary School KG - 05 328 17 40313
Hillsboro Elementary School PK - 06 180 15.9 41049
Lakeside Elementary School PK - 06 171 14.4 41171
McBrayer Elementary School KG - 05 511 17.3 40351
Olive Hill Elementary School PK - 05 521 15.5 41164
Rodburn Elementary School KG - 05 464 17.1 40351
Rowan County Preschool Center PK - PK 172 22.9 40351
Sandy Hook Elementary School PK - 06 313 16.4 41171
Tilden Hogge Elementary School KG - 05 204 14.4 40351
Tygart Creek Elementary School PK - 05 391 15 41164

Middle Schools near Morehead, KY

Grades Students P/T Ratio ZIP
Rowan County Middle School 06 - 08 710 19.8 40351
Shearer Elementary School KG - 05 389 13.7 40313
West Carter Middle School 06 - 08 457 14.9 41164

High Schools near Morehead, KY

Grades Students P/T Ratio ZIP
Elliott County High School 07 - 12 488 13.4 41171
Rowan County Senior High School 09 - 12 937 20.1 40351
West Carter County High School 09 - 12 587 16.8 41164

Ungraded Schools near Morehead, KY

Grades Students P/T Ratio ZIP
* Bluegrass Discovery Academy High 09 - 12 12 6 40351
* Carter Virtual Academy 09 - 12 11 41164
* Morehead Youth Development Center 07 - 12 19 19 40351
* Sunrise Children's Services - Morehead 08 - 12 10 10 40351
Carter County Career and Technical Center UG - UG 0 0 41164

Demographics near Morehead, KY

City County
Neighborhood Type Small Town
Population 6,994 24,654
Population Density 738 88
Median Age 21.6 31.1
People per Household 2.5 2.5
Median Household Income 33,409 45,681
Average Income per Capita 20,590 25,416

Real estate near Morehead