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Improved Commercial Land for Sale in Morehead, Kentucky

Rowan County, Morehead, KY 40351

$1,480,000
2 acres
Active
ago
Est $8,238/mo

The sellers say it's time to do something different-so now is your rare chance to secure an extremely hard-to-find Cave Run Lake location with not one, but two proven, successful businesses already in place. Pop's Barbecue and Memaw's Liquor on approximately 2 acres is now available and it's being sold as a turn-key, fully operating business, including equipment, inventory, fixtures, furniture and more-meaning once you sign the deed, you can unlock the doors, turn on the lights and start operating immediately. Pop's BBQ has thrived as a seasonal destination restaurant for over 15 years and it's not just a lake crowd stop-it's also a local favorite. The Pop's BBQ building offers 1,182 sq ft with indoor dining plus covered outdoor seating and a convenient walk-up window, along with a large metal canopy that expands the possibilities for live entertainment, events and packed weekends, plus a very successful summer bike night that draws a great crowd year after year. Pop's BBQ also has a Facebook page with 23,000 followers that is included, giving you instant momentum and built-in marketing reach from day one. Should you decide to offer breakfast options and coffee, you can become the only Cave Run Lake restaurant doing so-an incredible opportunity to capture early-morning boaters, campers, hikers and travelers before they head onto the water or into the Daniel Boone National Forest. Memaw's Liquor operates year-round and serves as a strong anchor business, keeping the property active beyond the busy lake season. The Memaw's Liquor building offers 576 sq ft-paired with traffic exposure you can't fake, with a high traffic count not only along the US 60 corridor but on KY 801 as well. Located just minutes from Cave Run Lake and the Daniel Boone National Forest-one of Eastern Kentucky's premier destinations for boating, fishing, camping, hiking and year-round outdoor recreation-this property is truly the welcome mat to the Daniel Boone National Forest and Cave Run Lake and all they have to offer. These businesses are perfectly positioned. With Cave Run Lake and the Daniel Boone National Forest drawing steady streams of not only weekend travelers but year round visitors, vacationers, anglers, boaters and campers, the area's recreation-driven tourism creates built-in exposure and consistent demand for lake-area dining, group meals, events and visitor-focused experiences. Logistics are a dream with a large parking lot, additional parking along KY 801 ideal for boats, campers, jet skis and trailers, over 300 feet of prime road frontage on KY 801, a storage building for additional space and flexibility and a location just a stone's throw from the heavily traveled US Highway 60-this is the kind of entrepreneurial opportunity people look for and rarely find. Important note: this is a turn-key, fully operating sale, but the property and businesses are being sold As Is-have any inspections you'd like, but the sellers will not be making repairs or fixes. From expanding events and entertainment to adding your own twist to an already winning setup, the possibilities are only limited by your energy and ideas-opportunities like this at Cave Run Lake and Daniel Boone National Forest don't come around often and when it's gone, it's gone.

1,182
Sq feet

Location

Community
Cave Run Lake
Elevation
677 feet
Coordinates
38.1395, -83.5488

Directions

Located on KY 801 just past the roundabout at US 60 and KY 801

Property details

Acreage
2 acres
MLS #
LBAR 26001287
Posted

Parcels

  • 021-00 00 049.02
  • .03

Details and features

Listing

Type
Commercial Sale

Structure

Stories
1
Sewer
Public Sewer
Materials
Aluminum Siding, Concrete, Wood Siding
Roof
Metal

Listing history

DateEventPriceChangeSource
Jan 19, 2026New listing$1,480,000LBAR
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This 2-acre property is located in Morehead, KY 40351. The property is available for sale for $1,480,000. It has a 1,182 sq ft structure.

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