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Morehead, KY Conventional Restaurants for Sale

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Salt Lick, KY Wrigley, KY Sandy Hook, KY

Established Commercial Property Near Cave Run

$1,250,000

1,182 SF

Established Commercial Property Near Cave Run

110 S KY-801, Morehead, KY 40351

Profitable commercial property with two established businesses near Cave Run.

Prime commercial property on high‑traffic corridors (US 60 & KY 801) near Cave Run Lake, ensuring high visibility.
Includes two established businesses (Pop's Barbecue and Memaw's Liquor) providing immediate income.
Sale includes all furnishings, equipment, inventory, fixtures, and a Facebook page with 23K followers.
Over 300 feet of road frontage and a large parking area suitable for boats, campers, and trailers.
Significant growth potential through expanded dining, live music, retail, rentals, or new business concepts.

Updated: Apr 2

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$1,250,000

1,182 SF

Cave Run Lake Turn-Key Business

110 S KY-801, Morehead, KY 40351

Established restaurant and liquor business near Cave Run Lake.

Turn‑key operation: Includes two established businesses (Pop's BBQ and Memaw's Liquor) with equipment, inventory, fixtures, and furniture, allowing for immediate operation.
Prime location: Situated minutes from Cave Run Lake and Daniel Boone National Forest, benefiting from high traffic and tourism.
Proven business success: Pop's BBQ has been a thriving seasonal destination for over 15 years, with a strong local following and a large Facebook presence (23,000 followers).
Year‑round income potential: Memaw's Liquor operates year‑round, providing a consistent revenue stream beyond the peak lake season.
Expansion opportunities: Potential to become the only Cave Run Lake restaurant offering breakfast, expand events, and capitalize on the existing infrastructure.

Updated: Jan 19

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morehead, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$245,000

2,505 SF

Restaurant and Bar Opportunity

Restaurant and bar ready for new owner near Cynthiana, KY.

7475 N US Hwy 27, Cynthiana, KY 41031

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$245,000

0.73 Acres

Cynthiana Restaurant and Bar

Restaurant and bar opportunity near Cynthiana, Kentucky.

7475 US-27, Cynthiana, KY 41031

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Historic Building in Downtown Winchester

$415,000

3,538 SF

Historic Building in Downtown Winchester

Renovated commercial building with restaurant and apartment in Winchester.

39 S Main Street, Winchester, KY 40391

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Turnkey Waterfront Restaurant with Apartment

$531,000

5,012 SF

Turnkey Waterfront Restaurant with Apartment

Renovated restaurant with indoor-outdoor dining and spacious upstairs apartment.

220 Athens Boonsboro Road, Winchester, KY 40391

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Morehead, KY Conventional Restaurants Investment Opportunities Market Analysis

Explore 2 conventional restaurants for sale in Morehead, KY on our real estate platform. These investment opportunities span a total of 2,364 square feet of properties for sale, with an estimated market value of $2,500,000.

Sale prices for conventional restaurants in Morehead, KY start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Demographics Overview

Population 22K

Population Growth (5Y) +4.9%

Median Household Income $51,110

College Educated 40.7%

High-Yield Neighborhoods for Strategic Investment

Identify Morehead submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
40351	$1.3M

Taxes & Financing

Tax Rate (average for all types) 0.85%

Property Tax per SF $5.20 per sq ft

Average Loan-to-Value 65.0%

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Morehead, KY Conventional Restaurants for Sale