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Marina with Restaurant and Cabins
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
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 11:06AM
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.

This marina property includes 2.923 acres and a 1,500-square-foot commercial building constructed in 1992. Improvements and operations include 210 rental slips, a ship store, fuel pier, restaurant, three rental pontoon boats, boat trailer storage, three rental cabins with lake views, and five RV/camper sites. The sale includes equipment, tools, inventory, and related marina operating components.

Additional revenue-producing activities identified for the property include slip rentals, fuel sales, ship store operations, pontoon rentals, launching fees, restaurant operations, RV site rentals, boat storage, and cabin rentals. The property is located at 234 S Homestead Lane in Lancaster, Kentucky, with C zoning, water available, septic tank service, electric heating and cooling, concrete and vinyl siding construction, and a metal roof.

Key Highlights

  • 210 rental slips supporting marina operations
  • Includes ship store, fuel pier, restaurant, equipment, tools, and inventory
  • Three 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

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Marina - Boating-oriented commercial property with fuel, lodging, RV sites, storage, and onsite dining facilities.
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 supporting marina operations; Includes ship store, fuel pier, restaurant, equipment, tools, and inventory; Three rental cabins with lake views
More about this property
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