Building Details

Year built 1975

Listing Agency: RE/MAX Elite Realty

Listed By: Carolyn Sue Hager · License #270465 Show Phone

Added: Aug 5 Changed: Aug 15 Last Checked: Aug 16 at 4:06PM

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MLS# 129080

Copyright © 2026 Eastern Kentucky Association of Realtors. 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 property includes a 4,300-square-foot building constructed in 1975, along with the land, operating business, and equipment. The site encompasses 0.51 acres and was previously operated as Velocity Market, providing an existing commercial format for continued use or repositioning.

The property is located at 11154 US Highway 23 S in Betsy Layne, Kentucky, with direct placement along the US 23 corridor. The conveyed equipment and improvements provide a tangible starting point for an operator evaluating the property as a combined business and real estate acquisition.

Key Highlights

• 4,300‑square‑foot building on 0.51 acres
• Business, land, building, and equipment convey
• Previously operated as Velocity Market

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Garden Center Pharmacy (Bike/Boat/Book/etc) Store

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

Turnkey business

Opportunity

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

74

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Family Dollar Shops & Services

3,398 visits/mo 0.2 miles

Demographics for 41605, KY

685

Population

331

Households

2.1

Avg Household Size

45

Median Age

22%

College-Educated

84%

High-School Grad

3.3 sq mi

ZIP Area

208

Density / Sq Mi

$62,500

Median Earnings

$731

Median Rent

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - The offering includes the business, land, building, and installed equipment.

Where is this grocery and convenience store located?

The property is located at 11154 US Highway 23 S Betsy Layne, KY.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: 4,300‑square‑foot building on 0.51 acres; Business, land, building, and equipment convey; Previously operated as Velocity Market