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Convenience Store and Restaurant with Commercial Kitchen
For Sale
$575,000

9335 Cranston Road, Morehead, KY 40351

COMMERCIAL - Morehead, KY

Property Size1,536 SF
Lot Size1.33 Acres
Price / SF$374.35
Days on Market149

Property Features for 9335 Cranston Road

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Rural
Directions From Morehead Turn onto 377 travel approximately 9 miles and property is located on the left.
Standard status Active
APN 092-00 00 029.00
Size 1,536 SF
Lot size 1.33 Acres

Utilities

Utilities Propane
Heating system Electric (Heating), Propane (Heating)
Cooling system Electric

Amenities

dining area
retail area
walk-in coolers
event room
apartments
Listing Agency: SimpliHOM
Listed By: Ethan D Blair · License #252288
Added: Mar 16 Changed: Aug 4 Last Checked: Aug 11 at 10:06PM
MLS# 26005132

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This convenience store and restaurant is currently operating and includes a fully furnished commercial kitchen, a spacious dining area, and a large stocked retail area with walk-in coolers. In the rear of the store, there is a large finished room used for live entertainment, party rentals, and conference events. An outdoor patio area out back is already set up and ready for use.

The property includes two apartments above the store: a one-bedroom unit and a two-bedroom unit. One unit is currently vacant, and the other is being used to host Airbnb guests, creating an additional income stream. The site sits on 1.33 acres and includes a gravel parking lot located across Highway 377 for convenient overflow parking for customers and events.

For comfort and operations, the building is equipped with electric and propane heating and electric cooling.

Key Highlights

  • Two apartments above: one‑bedroom and two‑bedroom; one vacant and one used for Airbnb guests
  • Fully furnished commercial kitchen plus spacious dining area and large stocked retail area with walk‑in coolers
  • Rear finished room used for live entertainment, party rentals, and conference events

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby
Well-served
Demand for This Use

Demographics for 40351, KY

22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Running convenience store and restaurant with dining area, commercial kitchen, and walk-in coolers, plus two apartments above.
Where is this grocery and convenience store located?
The property is located at 9335 Cranston Road Morehead, KY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two apartments above: one‑bedroom and two‑bedroom; one vacant and one used for Airbnb guests; Fully furnished commercial kitchen plus spacious dining area and large stocked retail area with walk‑in coolers; Rear finished room used for live entertainment, party rentals, and conference events
More about this property
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