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Waterfront Commercial Land
For Sale
$745,000

320 Silver Lake Drive, Mt Sterling, KY 40353

Land, Mt Sterling, KY

Property SizeContact for details
Lot Size1.75 Acres
Days on Market89

Property Features for 320 Silver Lake Drive

General Information

Property type Land
Property subtype Other
Zoning description B-2 Highway Business
Subdivision Silver Creek
Lot features Cleared, Level, Gentle Sloping
Directions Coming from Lexington: I-64 Exit 110, turn left off the off ramp then proceed approximately 0.3 of a mile to Silver Lake Drive, then turn left and the lot is located behind Cattleman's Roadhouse. This lot adjoins Ramada Inn.
Standard status Active
APN 023-40-01-021.02
Lot size 1.75 Acres

Utilities

Utilities Cable Available
Listing Agency: Denniston Realty
Listed By: Shannon Denniston · License #266816
Added: Jun 30 Changed: Sep 12 Last Checked: Sep 26 at 10:06AM
MLS# 26015397

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 commercial land offering at 320 Silver Lake Drive is zoned Highway Business B-2 and includes a waterfront view with a seasonal water fountain. The property can be divided into smaller or larger commercial lots, and the source information identifies cable availability. Wet territory designation supports on-premises beer, wine, and liquor sales by the drink.

The site is just off Maysville Road near I-64 Exit 110 in Mt Sterling, Kentucky, and adjoins Comfort Inn & Suites. Other businesses identified within the development include Cattleman's Roadhouse, Cracker Barrel, Ramada Inn, Shell, Krystal, and People's Bank, with approximately 200 residences also located there. CHI Saint Joseph Hospital Mount Sterling, a 42-bed medical facility, is nearby. Potential commercial concepts identified for the property include restaurants, hotels, grocery stores, car dealerships, banks, credit unions, gas stations, car washes, distilleries, breweries, and strip shopping centers.

Key Highlights

  • Highway Business B‑2 zoning
  • Waterfront view with seasonal water fountain
  • Can be subdivided into larger or smaller commercial lots

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Bakery Storage Facility Kitchen & Bath Showroom

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 40353, KY

22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - B-2 commercial land with subdivision flexibility, waterfront views, and proximity to established lodging, dining, retail, and banking uses.
Where is this commercial land located?
The property is located at 320 Silver Lake Drive Mt Sterling, KY.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Highway Business B‑2 zoning; Waterfront view with seasonal water fountain; Can be subdivided into larger or smaller commercial lots
More about this property
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