320 Silver Lake Drive, Mt Sterling, KY 40353

Listing agent Shannon Denniston License #266816 Show Phone

Listing office Denniston Realty 1505 Old Silo View Ct, Mt. Sterling, KY Show Phone

Listing date Jun 30, 2026

Report an issue

MLS# 26015397 Listing URL

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.

---

Overview

This offering consists of waterfront commercial land totaling approximately 1.75 acres. The site is described as zoned Highway Business B-2 and features waterfront views, with a seasonal water fountain accenting the property. The listing also states the land can be subdivided into larger or smaller acreage lots.

The parcel is located at 320 Silver Lake Drive in Mount Sterling, Kentucky, and is positioned just off Maysville Road and I-64 at Exit 110. The property adjoins Comfort Inn & Suites, and the surrounding development includes businesses such as Cattleman’s Roadhouse, Cracker Barrel, Ramada Inn, Shell, Krystal, and People’s Bank. The listing also notes proximity to CHI Saint Joseph Hospital Mount Sterling, described as a 42-bed medical facility.

The Highway Business B-2 zoning and wet territory designation are highlighted in the materials, including the ability to sell beer, wine, and liquor by the drink. With utilities noted as available—electric, water, sewer, natural gas, and broadband internet—the site may support a range of commercial uses such as restaurants, hotels, grocery stores, car dealerships, banks, credit unions, gas stations, car washes, and other compatible retail and service concepts.

Suggested Use

Law Firm Storage Facility Grocery & Convenience Store Bar & Pub Electrical Service Cafe & Coffee Shop Computer & Electronic Repair Bakery Shopping Center & Mall Spa & Massage Center

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

Location Insight

• Map
• Local Demand

City

Mt Sterling

County

Montgomery

State

Kentucky

Longitude

-83.952909

Latitude

38.079952

Nearby Similar for Sale

• 

  $1,199,900

  3,192 SF

  Versatile Retail Space in Mt

  High-visibility retail space with expansion potential in Mt Sterling, KY.

  153 Evans Avenue, Mt Sterling, KY 40353

  View Details
• 

  $850,000

  Waterfront Commercial Land Lots

  Zoned B-2 with waterfront frontage and subdivision flexibility for a range of retail or service developments.

  310 Silver Lake Drive, Mt Sterling, KY 40353

  View Details
• 

  $2,210,000

  Waterfront Commercial Land

  B-2 waterfront site with subdivision flexibility, city approvals for apartments, and wet territory benefits for alcohol sales by the drink.

  Silver Lake Drive, Mt Sterling, KY 40353

  View Details
• 

  $615,000

  Waterfront Commercial Land

  Waterfront commercial land offers flexible development options in a Highway Business B-2 district near major access points.

  400 Campbell Way, Mt Sterling, KY 40353

  View Details
• 

  $540,000

  4,196 SF

  Mixed-Use Properties in Mt. Sterling

  Mixed-use properties with commercial and residential spaces in downtown Mt. Sterling.

  4-12 Court Street, Mt Sterling, KY 40353

  View Details
• 

  $339,000

  3,792 SF

  Updated Quadplex Investment Property

  Well-maintained quadplex with multiple system upgrades, offering a turn-key residential income option with fewer major replacements remaining.

  125 Howard Avenue, Mt Sterling, KY 40353

  View Details
• 

  $277,500

  2,156 SF

  Downtown Mt Sterling Commercial Property

  Commercial property with reliable income and expansion potential in Mt Sterling.

  10-12 Court St, Mt Sterling, KY 40353

  View Details
• 

  $230,000

  2,500 SF

  Commercial Land with One-Story Building

  One-acre tract includes a 2,500 SF one-story building and about 10 parking spaces for flexible business use.

  1995 Winchester Road, Mt Sterling, KY 40353

  View Details
• 

  $299,000

  1,960 SF

  Restaurant with Upstairs Apartment

  Downtown restaurant building with an additional rented upstairs apartment and included kitchen equipment for continued operation.

  531 E Main Street, Mt Sterling, KY 40353

  View Details
• 

  $592,000

  Prime Level Commercial Development Land

  Level, utility-ready commercial land with quick access to I-64 for planned development in the Mt. Sterling area.

  Chandler Lane, Mt Sterling, KY 40353

  View Details
• 

  $145,900

  2,112 SF

  Mt Sterling Commercial Building For Sale

  2112 SF commercial building with new roof and ample parking.

  4645 Camargo Road, Mt Sterling, KY 40353

  View Details
• 

  $275,500

  2,040 SF

  Downtown Mt Sterling Mixed-Use Property

  Well-maintained mixed-use property with commercial and residential units.

  4-8 Court St, Mt Sterling, KY 40353

  View Details

FAQs

What type of property is this?

Waterfront Land - Waterfront commercial land zoned B-2, with utilities available and alcohol-by-the-drink permitted under wet territory designation.

Where is this waterfront 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: 1.75‑acre Class A commercial property in Mount Sterling, KY, just off Maysville Road and I‑64 at Exit 110; Zoned Highway Business B‑2 and can be subdivided into larger or smaller acreage lots; Up to 5.2 acres available for sale or ground lease; pricing listed at $425,000/acre