Courtesy: HomeLand Real Estate Inc - Mt Sterling
606-356-3063
Introducing Pine Ridge Apartments, a 48-unit multifamily investment opportunity offering scale, stable demand, and a peaceful natural setting. The property sits on approximately 4 acres and is surrounded by an additional 36 wooded acres, providing privacy while maintaining accessibility. The unit mix is well balanced to support diversified rental demand: Unit Breakdown: • 8 three-bedroom units • 16 two-bedroom units • 24 one-bedroom units Total: 48 units The community operates as HUD housing through the U.S. Department of Housing and Urban Development, offering consistent occupancy potential and dependable income streams. On-site amenities include a dedicated management office and a tenant laundry facility, enhancing convenience for residents and operational efficiency for ownership. This property presents an excellent opportunity for investors seeking a larger multifamily asset with established housing support, a strong unit mix, and room for operational or value-add improvements. Surrounded by wooded acreage, Pine Ridge Apartments combines income potential with a quiet, residential atmosphere.
Courtesy: HomeLand Real Estate Inc
606-356-3063
The sellers say it's time to do something different—so now is your rare chance to secure an extremely hard-to-find Cave Run Lake location with not one, but two proven, successful businesses already in place. Pop's Barbecue and Memaw's Liquor on approximately 2 acres is now available and it's being sold as a turn-key, fully operating business, including equipment, inventory, fixtures, furniture and more—meaning once you sign the deed, you can unlock the doors, turn on the lights and start operating immediately. Pop's BBQ has thrived as a seasonal destination restaurant for over 15 years and it's not just a lake crowd stop—it's also a local favorite. The Pop's BBQ building offers 1,182 sq ft with indoor dining plus covered outdoor seating and a convenient walk-up window, along with a large metal canopy that expands the possibilities for live entertainment, events and packed weekends, plus a very successful summer bike night that draws a great crowd year after year. Pop's BBQ also has a Facebook page with 23,000 followers that is included, giving you instant momentum and built-in marketing reach from day one. Should you decide to offer breakfast options and coffee, you can become the only Cave Run Lake restaurant doing so—an incredible opportunity to capture early-morning boaters, campers, hikers and travelers before they head onto the water or into the Daniel Boone National Forest. Memaw's Liquor operates year-round and serves as a strong anchor business, keeping the property active beyond the busy lake season. The Memaw's Liquor building offers 576 sq ft—paired with traffic exposure you can't fake, with a high traffic count not only along the US 60 corridor but on KY 801 as well. Located just minutes from Cave Run Lake and the Daniel Boone National Forest—one of Eastern Kentucky's premier destinations for boating, fishing, camping, hiking and year-round outdoor recreation—this property is truly the welcome mat to the Daniel Boone National Forest and Cave Run Lake and all they have to offer. These businesses are perfectly positioned. With Cave Run Lake and the Daniel Boone National Forest drawing steady streams of not only weekend travelers but year round visitors, vacationers, anglers, boaters and campers, the area's recreation-driven tourism creates built-in exposure and consistent demand for lake-area dining, group meals, events and visitor-focused experiences. Logistics are a dream with a large parking lot, additional parking along KY 801 ideal for boats, campers, jet skis and trailers, over 300 feet of prime road frontage on KY 801, a storage building for additional space and flexibility and a location just a stone's throw from the heavily traveled US Highway 60—this is the kind of entrepreneurial opportunity people look for and rarely find. Important note: this is a turn-key, fully operating sale, but the property and businesses are being sold As Is—have any inspections you'd like, but the sellers will not be making repairs or fixes. From expanding events and entertainment to adding your own twist to an already winning setup, the possibilities are only limited by your energy and ideas—opportunities like this at Cave Run Lake and Daniel Boone National Forest don't come around often and when it's gone, it's gone.
Courtesy: United Real Estate Bluegrass
859-800-7355
Awesome Log Structure, formerly the Headquarters Office for App Harvest, located in the MMRC Regional Industrial Park in Rowan County. Access to I-64 via KY 801. Approx. 1 mile from the Interstate. This 2832 sq. ft. structure would make the perfect office for a corporation or business looking for something extraordinary. Per Deed Restriction/Covenants of MMRC Industrial Park this structure can only be used as an office. Possible room on the 2 acre lot for a light duty manufacturing facility if approved by MMRC governing board..
Courtesy: SimpliHOM
859-509-8401
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!
Courtesy: HomeLand Real Estate Inc
606-356-3063
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!
Courtesy: Rector Hayden Realtors
859-276-4811
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!
Courtesy: United Real Estate Bluegrass
859-800-7355
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.
Courtesy: United Real Estate Bluegrass
859-800-7355
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!
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.
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.
