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0 Silver Lake Drive, Mt Sterling, KY 40353

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For Sale

$2,600,000

5.2 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 5.2 acres
    Lot size

Explore this Property

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 5.2-acre Class A commercial property offers unparalleled visibility and accessibility in Montgomery County. Can be subdivided into smaller lots, inquire for lot pricing. 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 well-established establishments such as Cattleman's Roadhouse, Comfort Inn & Suites, and Ramada Inn, while Cracker Barrel, 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 B-2 and has secured city approvals for the construction of 80 apartments. However, the seller welcomes a diverse range of developments, including restaurants, hotels, banks, credit unions, grocery stores, gas stations, car washes, car dealerships, 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.
MLS# 25006625

Courtesy Of Denniston Realty

(859) 498-6309

Property Features

  • Architecture Style
    Other
  • Lot Size
    5.2 Acres

Home seller CENTURY 21 Commonwealth Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Commonwealth Real Estate

(502) 226-2121
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