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Convenience Store with Bait Shop
For Sale
$205,000

40 Cedgap Road, Louisa, KY 41230

Commercial Sale, Louisa, KY

Property Size2,400 SF
Lot Size1.15 Acres
Price / SF$85.42
Days on Market9

Property Features for 40 Cedgap Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C
Basement Crawl Space
Directions From Lawrence County, take US 23 South toward Louisa. Turn right onto KY 32 and continue approximately 5.7 miles. Turn right onto Ced Gap Road.
Subdivision 095 - Lawrence County
Standard status Active
APN 067-10-00-001.00
Size 2,400 SF
Lot size 1.15 Acres

Utilities

Sewer type Septic Tank
Cooling system Window Unit(s)

Building Details

Year built 1992
Floors in Building 1
Building materials Wood Siding
Roof type Metal
Listing Agency: JB Land & Home Realty
Listed By: Jeremiah B Brown · License #294658
Added: Sep 28 Changed: Oct 3 Last Checked: Oct 6 at 6:06AM
MLS# 26027426

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 2,400-square-foot commercial property occupies 1.153 acres and was built in 1992. Its previous operation combined a country store with grocery sales, a bait shop, a kitchen and food-service area, and gasoline sales. The building has wood siding, a metal roof, window-unit cooling, and a septic system. Zoning is C.

The property is near Yatesville Lake, a 2,300-acre recreation area offering boating, fishing, and seasonal hunting. Nearby Yatesville Lake State Park features camping, hiking, horseback riding, swimming, and access to Eagle Ridge Golf Course, an 18-hole public course. Lawrence County Wilderness Park is also in the area, with camping, cabin rentals, picnic and beach areas.

Key Highlights

  • 2,400‑square‑foot building on 1.153 acres
  • Former country store with grocery, bait, food‑service, and gasoline sales
  • Zoned C

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The property’s former layout included grocery retail, bait sales, food service, and fuel.
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 building on 1.153 acres; Former country store with grocery, bait, food‑service, and gasoline sales; Zoned C
More about this property
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