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Marina with Rental Slips
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
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
Heating system Electric (Heating)
Cooling system Electric

Amenities

210 rental slips
ship store
fuel pier
restaurant
three rental pontoon boats
three onshore rental cabins
five RV/camper sites
boat trailer storage area

Building Details

Year built 1992
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# 26021768

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 a marina property at 234 S Homestead Lane in Lancaster, Kentucky. The offering includes approximately 2.923 acres and a 1,500-square-foot building constructed in 1992, along with 210 rental slips, a ship store, fuel pier, restaurant, boat-launching facilities, and a boat trailer storage area. Three rental pontoon boats, equipment, tools, and inventory are included.

The property also provides three onshore rental cabins with lake views and five RV/camper sites equipped with electric, water, and sewer connections. Additional operating components include slip rentals, fuel sales, ship store activity, pontoon rentals, launching fees, dining, RV accommodations, boat storage, and cabin rentals. Electric heating and cooling serve the building, and water is available at the property.

Key Highlights

  • 210 rental slips supported by a ship store, fuel pier, restaurant, and launching facilities
  • Three onshore rental cabins with lake views
  • Five RV/camper sites with electric, water, and sewer

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

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
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Frequently Asked Questions

What type of property is this?
Marina - Lakefront marina property combining boating facilities, lodging, RV accommodations, retail, fuel service, and dining operations.
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 supported by a ship store, fuel pier, restaurant, and launching facilities; Three onshore rental cabins with lake views; Five RV/camper sites with electric, water, and sewer
More about this property
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