2489 Lakeway Drive, Russell Springs, KY 42642

Listing office SVN | Stone Commercial Real Estate

Listing date Jun 23, 2026

Source Commercialcafe

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Overview

This offering presents a 1.1-acre retail development outlot within the Key Village Shopping Center at 2489 Lakeway Drive. The site includes a former Sonic building and is positioned to support either revitalization of the existing structure or redevelopment. The property is described as having strong frontage where US 127 and Lakeway Drive split, contributing to prominent roadside exposure.

The location in Russell Springs, Kentucky places the property in a small-town retail corridor serving residents and visitors. The surrounding area benefits from access to Lake Cumberland, with tourism noted throughout the year. The property is marketed with visibility for over 11,000 vehicles per day based on the provided remarks.

From a tenant and buyer fit standpoint, the site’s flexible C-1 (highway-oriented commercial) zoning supports a range of retail, wholesale, and service-oriented business types. The outlot is available for both sale and lease, which can accommodate different ownership and operating strategies for retailers or service providers seeking a highway-facing site within the Key Village Shopping Center.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Russell Springs

County

Russell

State

Kentucky

Longitude

-85.072753

Latitude

37.068227

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FAQs

What type of property is this?

Commercial land - Outlot at a shopping center with highway-facing frontage and flexible C-1 zoning for retail, wholesale, or service uses.

Where is this commercial land located?

The property is located at 2489 Lakeway Drive Russell Springs, KY.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: 1.1‑acre retail development outlot in the Key Village Shopping Center at 2489 Lakeway Drive, Russell Springs, KY; Frontage at the US 127 and Lakeway Drive split; Former Sonic building for lease and sale, with visibility to over 11,000 vehicles per day