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 Market53
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
(859) 498-6309
Listed By:
Shannon Denniston · License #266816
(859) 498-6309
Added: Jun 30
Last Checked: Aug 21 at 5:06AM
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 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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
