Mixed-Use Convenience Store
For Sale
$575,000
9335 Cranston Rd, Morehead, KY 40351
Convenience store and restaurant with furnished commercial kitchen, dining area, retail space, and walk-in coolers.
Property Size1,536 SF
Price / SF$374.35
Days on Market220
Property Features for 9335 Cranston Rd
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Amenities
event room
outdoor patio
Listing Agency:
SimpliHOM
(859) 509-8401
Listed By:
Ethan D Blair · License #252288
(606) 359-2675
Source:
Exprealty
Added: Mar 16
Changed: Oct 5
Last Checked: Oct 20 at 9:59PM
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 SimpliHOM
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Investment Insights
Based on property information with market context.
This mixed-use property combines a convenience store and a conventional restaurant in an approximately 6,464-square-foot setup. The interior includes a fully furnished commercial kitchen, a spacious dining area, and a large stocked retail area with walk-in coolers. In the rear, a large finished room has been used for live entertainment, party rentals, and conference events. An outdoor patio area out back is already set up for additional seating and gatherings.
Two apartments sit above the store, including one 1-bedroom unit and one 2-bedroom unit. One unit is currently vacant, and the other is currently being used to host Airbnb guests, creating an additional income stream. Also included is a gravel parking lot located across Highway 377, providing overflow parking for customers and events.
The property is presented as an operating business with multiple revenue components tied to retail, dining, and event use, plus income from the two apartments above.
Two apartments sit above the store, including one 1-bedroom unit and one 2-bedroom unit. One unit is currently vacant, and the other is currently being used to host Airbnb guests, creating an additional income stream. Also included is a gravel parking lot located across Highway 377, providing overflow parking for customers and events.
The property is presented as an operating business with multiple revenue components tied to retail, dining, and event use, plus income from the two apartments above.
Key Highlights
- Approximately 6,464 SF convenience store and restaurant with dining area and a fully furnished commercial kitchen
- Large stocked retail area with walk‑in coolers
- Rear finished room used for live entertainment, party rentals, and conference events
Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 40351, KY
22,305
Population
9,497
Households
2.3
Avg Household Size
33
Median Age
27%
College-Educated
88%
High-School Grad
268.2 sq mi
ZIP Area
83
Density / Sq Mi
$51,110
Median Household Income
$26,278
Median Earnings
$775
Median Rent
$163,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Convenience store and restaurant with furnished commercial kitchen, dining area, retail space, and walk-in coolers.
Where is this grocery and convenience store located?
The property is located at 9335 Cranston Rd Morehead, KY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Approximately 6,464 SF convenience store and restaurant with dining area and a fully furnished commercial kitchen; Large stocked retail area with walk‑in coolers; Rear finished room used for live entertainment, party rentals, and conference events
