Listing provided courtesy of Denniston Realty- MLS# 26015395MLS Provider

0 Silver Lake DriveMt Sterling, KY 40353

Vacant Land · 5.20 Acres
$2,210,000 Active

0 Silver Lake Drive Overview

Time on Site:
9 hours
Visits:
0

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 acreage lots at $425,000/acre. 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, grocery stores, car dealerships, banks, credit unions, gas stations, car washes, 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.

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0 Silver Lake Drive Facts & Features

  • Type Vacant Land
  • Lot 5.20 Acres

Details

General

Business Information

  • Current Use: Commercial,Development

Location/Region

  • County Or Parish: Montgomery
  • MLS Area Major: 018 - Montgomery County
  • MLS Area Minor: 018 - Montgomery County
  • Subdivision Name: Silver Creek

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional,Lease Option
  • Parcel Number: 023-40-01-021.00
  • Possible Use: Commercial,Professional
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Special Listing Conditions: Standard
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Lot Features: Cleared,Level,Gentle Sloping
  • Lot Size Acres: 5.2
  • Lot Size Area: 5.2
  • Lot Size Dimensions: 355 x 638
  • Lot Size Square Feet: 226512.0
  • Lot Size Units: Acres
  • Elevation Units: Feet

Waterfront/View

  • View: true

General Information

  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available

0 Silver Lake Drive Neighborhood

Community

40353 (MOUNT STERLING) Demographics

41
Median Age
156
Population Density (per sq. mile)
22%
College Educated
$48,958
Estimated Median Income
5,568
Estimated Total Home Owners
3,022
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 Silver Lake Drive Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 Silver Lake Drive Market Data

Based on the last 30 days in this zip code

$369,543
Average List Price
$169
Average Price per Square Foot
20
Properties Sold
80
Average Days on Market
91
Properties for Sale
Calculations provided by Reliance Network

0 Silver Lake Drive History

Date Event Value Agent
6/29/2026Source: Imagine MLS/Bluegrass Added to Database
June 29, 2026