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Prime Downtown Morehead Vacant Lot
For Sale
$1,300,000

234 E Main Street, Morehead, KY 40351

LAND - Morehead, KY

Property SizeContact for details
Lot Size0.74 Acres
Days on Market97

Property Features for 234 E Main Street

General Information

Property type Land
Property subtype Other
Zoning description B-3 Central Business
Subdivision Downtown
Lot features Cleared, Level
Directions Travel East on Main Street to property
Standard status Active
APN 080-10 05 001.00
Lot size 0.74 Acres
Listing Agency: HomeLand Real Estate Inc
Listed By: Shannon V Malone · License #262698
Added: May 2 Changed: May 3 Last Checked: Aug 6 at 3:06AM
MLS# 26009780

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 0.71-acre vacant lot is located in downtown Morehead, Kentucky. The property offers approximately 191 feet of frontage on Main Street and is positioned in the Entertainment District, directly across from the new entrance to Morehead State University and steps away from the Batteson Oates Entertainment Zone. Zoned B-3 Central Business, the property is suited for a range of commercial and mixed-use possibilities. The site, formerly La Finca's Mexican Restaurant, is primed for redevelopment. The location provides high visibility with an estimated traffic count of 6,000 to 7,000 cars daily.

Key Highlights

  • Prime location in the heart of downtown Morehead, directly across from the new Morehead State University entrance.
  • Large 0.71 acre vacant lot with approximately 191 feet of frontage on Main Street.
  • Zoned B‑3 Central Business, suitable for a wide range of commercial and mixed‑use developments.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Furniture & Home Goods Parking Lot & Garage Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 0.71 acre lot in Morehead's Entertainment District.
Where is this commercial land located?
The property is located at 234 E Main Street Morehead, KY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location in the heart of downtown Morehead, directly across from the new Morehead State University entrance.; Large 0.71 acre vacant lot with approximately 191 feet of frontage on Main Street.; Zoned B‑3 Central Business, suitable for a wide range of commercial and mixed‑use developments.
More about this property
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