Waterfront Commercial
For Sale
$2,210,000
Silver Lake Drive, Mt Sterling, KY 40353
LAND - Mt Sterling, KY
Property SizeContact for details
Lot Size5.20 Acres
Days on Market53
Property Features for 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 lots are located behind Cattleman's Roadhouse.
Standard status
Active
APN
023-40-01-021.00
Lot size
5.20 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 2:06AM
MLS# 26015395
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 waterfront commercial land offering is configured as a single tract that can be subdivided into smaller lots. The site is described as having a seasonal water fountain feature and is zoned B-2. Public remarks also indicate city approvals for the construction of 80 apartments, with the seller open to a range of other development concepts.
The property is located in Mount Sterling, Kentucky, just off Maysville Road and I-64 at Exit 110, with frontage on Silver Lake Drive. The listing notes adjacency to established businesses including Cattleman’s Roadhouse, Comfort Inn & Suites, and Ramada Inn, and within the same development area as Cracker Barrel, Shell, Krystal, and People’s Bank, alongside approximately 200 residences. The proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed medical facility, is also highlighted.
For tenants, buyers, and developers, the combination of B-2 zoning, subdivision potential, and wet territory designation (supporting beer, wine, and liquor sales by the drink) can broaden end-user fit across retail, dining, lodging, and other commercial uses. Availability of utilities is identified in the remarks, including electric, water, sewer, natural gas, and broadband internet, which can support planning for a range of site and building layouts.
The property is located in Mount Sterling, Kentucky, just off Maysville Road and I-64 at Exit 110, with frontage on Silver Lake Drive. The listing notes adjacency to established businesses including Cattleman’s Roadhouse, Comfort Inn & Suites, and Ramada Inn, and within the same development area as Cracker Barrel, Shell, Krystal, and People’s Bank, alongside approximately 200 residences. The proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed medical facility, is also highlighted.
For tenants, buyers, and developers, the combination of B-2 zoning, subdivision potential, and wet territory designation (supporting beer, wine, and liquor sales by the drink) can broaden end-user fit across retail, dining, lodging, and other commercial uses. Availability of utilities is identified in the remarks, including electric, water, sewer, natural gas, and broadband internet, which can support planning for a range of site and building layouts.
Key Highlights
- 5.2‑acre Class A commercial property just off Maysville Road and I‑64 at Exit 110 in Montgomery County
- Zoned B‑2 with city approvals for construction of 80 apartments; property can be subdivided into smaller acreage lots
- Wet territory designation allows sale of beer, wine, and liquor by the drink
Property Analytics
Property Profile
Current Use
Lease Details
80
Residential units
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 - B-2 waterfront site with subdivision flexibility, city approvals for apartments, and wet territory benefits for alcohol sales by the drink.
Where is this waterfront land located?
The property is located at Silver Lake Drive Mt Sterling, KY.
What is the asking price?
The asking price for this property is $2,210,000.
What are key features of this property?
This property features: 5.2‑acre Class A commercial property just off Maysville Road and I‑64 at Exit 110 in Montgomery County; Zoned B‑2 with city approvals for construction of 80 apartments; property can be subdivided into smaller acreage lots; Wet territory designation allows sale of beer, wine, and liquor by the drink
