234 S Homestead Lane
Lancaster, KY, 40444 $ 2,895,000
Bedrooms-- Baths-- Sq 1,500 Monthly Estimate*
$ 18,279
for $2,895,000. This 1,500 square foot building was built in 1992 on a lot size of 2.92.
FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.
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FeaturesGeneralHeating Electric
Cooling Electric
Utilities Electricity Available Phone Available Propane Connected Water Available Other
Year Built 1992
Property Subtype Business
Parcel Number 05C-21
Business Type Other Retail Restaurant Recreation Commercial
Business Name Herrington Lake Marina
County Garrard
New Construction N
Property Type Business Opportunity
Status Active
Directions From Lexington take US 27 to right on Sutton. Go 2 miles to right Settlement Rd. then left on Homestead Herrington Marina is on the right
City Lancaster
MLS Area 023 - Garrard County
Lot Size Units Acres
Lot Size Square Feet 127325.88
Land Lease Y/N N
MLS Area Minor 023 - Garrard County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorLot Size Area 2.92
Building Area Total 3000.0
Lot Size Acres 2.92
Crops Included Y/N N
Irrigation Water Rights Y/N N
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InteriorAir Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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* Excluded FeaturesList ByJack Foley Realty, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,279
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyCommerical listings in Lancaster, KY
Average List Price $1,499,760
Percent of Sale Price 48%
About Lancaster, KY 3,538 Population
-1% Since 2002
$ 37,737 Median Income
41.15 Median Age
30% 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 |
|---|
| 8/12/2026 | $2,895,000 | | Listed Price |