Conventional Restaurant

Morehead, KY Conventional Restaurants for Sale

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Established Commercial Property Near Cave Run
Updated: Apr 2
Established Commercial Property Near Cave Run

110 S KY-801, Morehead, KY 40351

$1,250,000
1,182 sqft 2.50 AC lot
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.
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Cave Run Lake Turn-Key Business
Updated: Jan 19
Cave Run Lake Turn-Key Business

110 S KY-801, Morehead, KY 40351

$1,250,000
1,182 sqft 2.50 AC lot
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.
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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.

Remodeled Restaurant and Bar
Remodeled Restaurant and Bar

7475 N US Hwy 27, Cynthiana, KY 41031

$245,000
2,505 sqft 0.73 AC lot

Remodeled restaurant and bar with drive-thru, seating for 100, and parking for 40+.

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Cynthiana Restaurant and Bar
Cynthiana Restaurant and Bar

7475 US-27, Cynthiana, KY 41031

$245,000
0.73 AC lot

Restaurant and bar opportunity near Cynthiana, Kentucky.

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Multi-Use Retail Building with Parking
Multi-Use Retail Building with Parking

1009 N Lake Drive, Prestonsburg, KY 41653

$1,450,000
10,928 sqft 2.50 AC lot

Large retail building with substantial parking and flexible space for grocery, restaurant, or other commercial concepts.

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Prestonsburg Restaurant Opportunity For Sale
Prestonsburg Restaurant Opportunity For Sale

113 S Central Ave, Prestonsburg, KY 41653

Contact for pricing
5,000 sqft

Established restaurant for sale in Prestonsburg, fully equipped.

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Morehead, KY Conventional Restaurants Market Trends and Statistics

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

Commercial property segments ranked by active listings on the market

Conventional restaurants 2

Demographics Overview

Population 22K
Population Growth (5Y) +4.9%
Median Household Income $51,110
College Educated 40.7%

High-Yield Neighborhoods for Investment

Identify Morehead submarkets with the highest inventory density on the market and evaluate the average 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 SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

Total CRE Inventory on Market (SF)

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