Waterfront Commercial
For Sale
$2,210,000
Silver Lake Drive, Mt Sterling, KY 40353
Land, Mt Sterling, KY
Property SizeContact for details
Lot Size5.20 Acres
Days on Market98
Property Features for Silver Lake Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
B-2 Highway Business
Subdivision
Silver Creek
Lot features
Cleared, Level, Gentle Sloping
View
Lake, Water
Directions
Coming from Lexington: I-64 Exit 110, turn left off the off ramp then proceed approximately 0.3 of a mile to Silver Lake Drive, then turn left and the lots are located behind Cattleman's Roadhouse.
Standard status
Active
APN
023-40-01-021.00
Lot size
5.20 Acres
Utilities
Utilities
Cable Available
Listing Agency:
Denniston Realty
(859) 498-6309
Listed By:
Shannon Denniston · License #266816
(859) 721-2121
Added: Jun 30
Changed: Oct 2
Last Checked: Oct 5 at 4:06PM
MLS# 26015395
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 5.2-acre commercial land parcel carries B-2 zoning and has city approval for construction of 80 apartments. The property offers a waterfront setting with a seasonal fountain and can be divided into smaller acreage tracts. Available utilities include electric, water, sewer, natural gas, and broadband internet, while the site is designated wet territory for on-premise beer, wine, and liquor sales.
Located just off Maysville Road near I-64 Exit 110 in Mount Sterling, the property sits within a development that includes Cattleman's Roadhouse, Comfort Inn & Suites, Ramada Inn, Cracker Barrel, Shell, Krystal, and People's Bank. Approximately 200 residences are also part of the surrounding development, and CHI Saint Joseph Hospital Mount Sterling is nearby. The site supports consideration of restaurants, hotels, retail, automotive, financial, fuel, car wash, brewery, distillery, and strip shopping center uses identified in the property information.
Located just off Maysville Road near I-64 Exit 110 in Mount Sterling, the property sits within a development that includes Cattleman's Roadhouse, Comfort Inn & Suites, Ramada Inn, Cracker Barrel, Shell, Krystal, and People's Bank. Approximately 200 residences are also part of the surrounding development, and CHI Saint Joseph Hospital Mount Sterling is nearby. The site supports consideration of restaurants, hotels, retail, automotive, financial, fuel, car wash, brewery, distillery, and strip shopping center uses identified in the property information.
Key Highlights
- 5.2‑acre commercial land parcel in Mount Sterling, KY
- B‑2 zoning with city approval for 80 apartments
- Waterfront setting with a seasonal fountain
Property Analytics
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Current Use
Lease Details
80
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 40353, KY
22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - B-2-zoned commercial land with utility service and city-approved multifamily development plans.
Where is this commercial land located?
The property is located at Silver Lake Drive Mt Sterling, KY.
What is the asking price?
The asking price for this property is $2,210,000.
What are key features of this property?
This property features: 5.2‑acre commercial land parcel in Mount Sterling, KY; B‑2 zoning with city approval for 80 apartments; Waterfront setting with a seasonal fountain
