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Commercial Land for Sale in Mount Sterling, Kentucky

Silver Lake Dr, Mount Sterling, KY 40353

$2,600,000
5.2 acres
Active
Est $19,479/mo

Discover an exceptional opportunity to buy or lease prime waterfront commercial lots in the thriving community of Mount Sterling, Kentucky. Strategically positioned just off Maysville Road and I-64 at Exit 110, this 5.2-acre Class A commercial property offers unparalleled visibility and accessibility in Montgomery County. Can be subdivided into smaller lots, inquire for lot pricing. Boasting a rare and coveted waterfront view, the entire property is accentuated by a stunning seasonal water fountain, creating an inviting ambiance for businesses and visitors alike. The site adjoins well-established establishments such as Cattleman's Roadhouse, Comfort Inn & Suites, and Ramada Inn, while Cracker Barrel, Shell, Krystal, and People's Bank thrive within the same development, alongside approximately 200 residences. Hotel guests will enjoy the convenience of walking to your restaurant or other commercial venture. With the flexibility to subdivide the property, this versatile listing is currently zoned B-2 and has secured city approvals for the construction of 80 apartments. However, the seller welcomes a diverse range of developments, including restaurants, hotels, banks,. credit unions, grocery stores, gas stations, car washes, car dealerships, and various other businesses. The location presents an ideal setting for a distillery, brewery, or strip shopping center, further enhanced by the wet territory designation, allowing for the sale of beer, wine, and liquor by the drink. Benefit from the availability of all essential utilities, including electric, water, sewer, natural gas, and broadband internet. The property's close proximity to CHI Saint Joseph Hospital Mount Sterling, a 42-bed medical facility, adds to its appeal and potential customer base. Seize this rare chance to own or lease a premier commercial property in a high-traffic, amenity-rich location, perfect for elevating your business vision to new heights. Schedule a showing to explore the endless possibilities that await at this Mount Sterling gem.

Location

Street address
Silver Lake Dr
Community
Silver Creek
Elevation
986 feet
Coordinates
38.08, -83.9529

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.

Property details

Acreage
5.2 acres
MLS #
LBAR 25006625
Posted

Parcels

  • 023-40-01-021.00

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Oct 13, 2025Relisted$2,600,000LBAR
Oct 5, 2025Listing removed$2,600,000Listing agent
Apr 4, 2025New listing$2,600,000LBAR
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This 5.2-acre property is located at Silver Lake Dr in Mount Sterling, KY 40353. The property is available for sale for $2,600,000 with a price per acre of $500,000.

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