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Prestonsburg Commercial Property For Sale
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1488 N Lake Drive, Prestonsburg, KY 41653

Large commercial property suitable for restaurant or other business.

Property Size4,500 SF
Price / SF$110.89
Days on Market901

Property Features for 1488 N Lake Drive

General Information

Standard status Active
Size 4,500 SF
Property subtype Special Purpose
Listing Agency: Century 21 American Way Realty Prestonsburg
Listed By: Ellen Harris · License #KY
Source: Crexi
Added: Mar 20, 2024 Changed: Sep 3 Last Checked: Sep 5 at 1:01AM

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 Century 21 American Way Realty Prestonsburg

Investment Insights

Based on property information with market context.

Located in Prestonsburg, Kentucky, this commercial property, known as "Jerry's", offers a location suitable for a restaurant or other business ventures. The property features a lot size and parking space. The building has a size of 4,500 square feet. The property is located off Route 114, accessible from the US 23 and Route 114 intersection, turning onto N. Lake Drive.

Key Highlights

  • High‑traffic location on N. Lake Drive in Prestonsburg.
  • Large lot suitable for a restaurant or other business.
  • Ample parking space.

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Nail Salon Cafe & Coffee Shop Daycare Center

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

265
Businesses Nearby
139k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Groceries 24% Shops & Services 23% Electronics 1%
Food City Groceries
33,276 visits/mo 0.3 miles
McDonald's Dining
19,244 visits/mo 0.1 miles
Wendy's Dining
15,802 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,344 visits/mo 0.1 miles
Taco Bell Dining
11,239 visits/mo 0.4 miles

Demographics for 41653, KY

10,937
Population
5,361
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
125.3 sq mi
ZIP Area
87
Density / Sq Mi
$43,984
Median Household Income
$36,858
Median Earnings
$662
Median Rent
$117,200
Median Home Value

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?
Restaurant - Large commercial property suitable for restaurant or other business.
Where is this restaurant located?
The property is located at 1488 N Lake Drive Prestonsburg, KY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: High‑traffic location on N. Lake Drive in Prestonsburg.; Large lot suitable for a restaurant or other business.; Ample parking space.
(606) 331-6606 Call to check price and availability
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