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Country Store with Bait Shop
New
For Sale
$205,000

40 Cedgap Road, Louisa, KY 41230

Former grocery and fuel business near Yatesville Lake, with space previously used for food service.

Property Size2,400 SF
Price / SF$85.42
Days on Market3

Property Features for 40 Cedgap Road

General Information

Standard status Active
Size 2,400 SF
Property subtype Commercial

Building Details

Year Built 1992
Listing Agency: RE/MAX Elite Realty
Listed By: Lake Cumberland Real Estate Professional
Source: Lakecumberlandky
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 12:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite Realty

Investment Insights

Based on property information with market context.

This 2,400-square-foot commercial property was built in 1992 and previously operated as a country store. Its former uses included grocery sales, a bait shop, a kitchen and food-service area, and gasoline sales, providing a range of existing commercial-use context for the building.

The property is near Yatesville Lake and its surrounding recreation areas. Yatesville Lake spans approximately 2,300 acres and supports boating, fishing, seasonal hunting, and other outdoor activities. Nearby destinations include Yatesville Lake State Park, with camping, hiking, horseback riding, swimming, and access to an 18-hole public golf course, as well as the 80-acre Lawrence County Wilderness Park, adjacent to the state campground and boat launch area.

Key Highlights

  • 2,400‑square‑foot former country store, built in 1992
  • Prior uses included grocery sales, a bait shop, food service, and gasoline sales
  • Near Yatesville Lake, approximately 2,300 acres, and its recreation areas

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Florist Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

Demographics for 41230, KY

12,670
Population
5,621
Households
2.3
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
231.9 sq mi
ZIP Area
55
Density / Sq Mi
$45,240
Median Household Income
$31,995
Median Earnings
$750
Median Rent
$110,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former grocery and fuel business near Yatesville Lake, with space previously used for food service.
Where is this grocery and convenience store located?
The property is located at 40 Cedgap Road Louisa, KY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 2,400‑square‑foot former country store, built in 1992; Prior uses included grocery sales, a bait shop, food service, and gasoline sales; Near Yatesville Lake, approximately 2,300 acres, and its recreation areas
More about this property
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