110 S KY-801
Morehead, KY, 40351 $ 1,250,000
Baths0.0 Monthly Estimate*
$ 7,696
Studio for $1,250,000. The lot size is 2.5.
Opportunities like this don't come along often—2.5 acres of prime commercial property at Cave Run Lake positioned right in the path of heavy traffic along both US 60 and KY 801, offering the kind of visibility and access entrepreneurs wait for, with a blank canvas and unlimited potential for whatever vision you want to bring to life. Currently on the property are two operating businesses Pop's Barbecue and Memaw's Liquor but the true value is in the land, location and flexibility, whether you envision a restaurant, retail space, event venue, short-term rental hub, outdoor recreation business or something entirely new. The site features over 300 feet of road frontage, a large parking area with additional space for boats, campers and trailers, plus existing structures that can be utilized, repurposed or reimagined, including a 1,182 sq ft restaurant building with indoor dining, covered outdoor seating and a walk-up window, along with a 576 sq ft liquor store that operates year-round and keeps consistent traffic flowing. Located just minutes from Cave Run Lake and surrounded by the draw of Daniel Boone National Forest, the area sees steady year round traffic from locals but heavey seasonal boaters, campers, hikers and travelers year-round, creating built-in demand before you ever spend a dollar on marketing. This is a turn-key opportunity if you want it, but it's also so much more. Buy it, keep it as-is, expand it or completely reinvent it, because this location can be anything you want it to be, and properties like this are rarely available. For the full commercial opportunity listing with all details and pictures, search MLS 26001287.
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FeaturesGeneralUtilities Electricity Connected Sewer Connected Water Connected
Zoning Other
Topography Cleared
Property Subtype Unimproved Land
Current Use Commercial
Parcel Number 021-00 00 049.02 and .03
County Rowan
New Construction N
Property Type Land
Subdivision Name Cave Run Lake
Possible Use Resort Professional Recreational Industrial Commercial
Status Active
Directions Located on KY 801 just past the roundabout at US 60 and KY 801
City Morehead
MLS Area 061 - Rowan County
Lot Size Units Acres
Lot Size Square Feet 108900.0
Land Lease Y/N N
MLS Area Minor 061 - Rowan County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Features Cleared
Lot Size Area 2.5
Lot Size Acres 2.5
Number of Lots 2
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByHomeland Real Estate IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Morehead, KY
Average List Price $361,375
Percent of Sale Price 71%
About Morehead, KY 7,341 Population
24% Since 2002
$ 32,952 Median Income
25.14 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/2/2026 | $1,250,000 | | Listed Price |