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Herrington Lake Marina
New
For Sale
$2,895,000

234 S Homestead Lane, Lancaster, KY 40444

COMMERCIAL - Lancaster, KY

Property Size1,500 SF
Lot Size2.92 Acres
Price / SF$1,930
Days on Market2

Property Features for 234 S Homestead Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Directions From Lexington take US 27 to right on Sutton. Go 2 miles to right Settlement Rd. then left on Homestead, Herrington Marina is on the right,
Subdivision 023 - Garrard County
Standard status Active
APN 05C-21
Size 1,500 SF
Lot size 2.92 Acres

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Electric (Heating)
Cooling system Electric

Amenities

ship store
fuel pier
restaurant
rental cabins
RV/camper sites
boat trailer storage area

Building Details

Year built 1992
Floors in Building 1
Building materials Concrete, Vinyl Siding
Roof type Metal
Listing Agency: Jack Foley Realty, LLC
Listed By: John L Foley
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 3:06PM
MLS# 26021764

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.

Herrington Lake Marina is an established marina property on 2.923 acres at 234 S Homestead Lane in Lancaster, Kentucky. The improvements include a 1,500-square-foot ship store, fuel pier, restaurant, 210 rental slips, three rental pontoon boats, boat trailer storage, three onshore cabins, and five RV/camper sites. The property also includes the equipment, tools, and inventory associated with the operation.

The marina provides several distinct operating components, including slip rentals, fuel sales, ship-store sales, pontoon rentals, launching fees, restaurant service, RV accommodations, boat storage, and cabin rentals. The RV sites have electric, water, and sewer service. Building improvements date to 1992 and include concrete and vinyl siding construction, electric heating and cooling, a metal roof, water availability, and septic-tank service.

Key Highlights

  • 210 rental slips with marina operations and a fuel pier
  • 1,500‑square‑foot ship store and restaurant included
  • Three onshore rental cabins with lake views

Property Analytics

Current Use

Marinas

Suggested Use

Top Pick HVAC Service Real Estate Agency 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

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 40444, KY

14,075
Population
6,096
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
88%
High-School Grad
159.5 sq mi
ZIP Area
88
Density / Sq Mi
$62,324
Median Household Income
$40,473
Median Earnings
$785
Median Rent
$194,100
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Marina - Operating waterfront marina with boating services, lodging, dining, RV sites, and storage components.
Where is this marina located?
The property is located at 234 S Homestead Lane Lancaster, KY.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 210 rental slips with marina operations and a fuel pier; 1,500‑square‑foot ship store and restaurant included; Three onshore rental cabins with lake views
More about this property
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