0 Silver Lake Drive, Mt Sterling, KY 40353

New Listing
$2,210,000
Property Type: Land Lot Size (sq. ft.): 226,512 Status: Active
Current Price: $2,210,000 List Date: 6/30/2026 Last Modified: 6/30/2026

Description

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.

Supplements: ********

More Information MLS# 26015395

Listing Information

Comp Sale YN: No Property Sub Type: Unimproved Land

Address

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. Parcel Number: 023-40-01-021.00 County: Montgomery Street Name: Silver Lake Street Suffix: Drive State: KY Zip Code: 40353

Contract

Start Showing Date: 2026-06-30 Listing Agreement: Exclusive Right To Sell Owner Name: Shannon Denniston Owner Phone: 859-498-6309 Office Exclusive YN: No List Price/Acre: 425000 List Price/SqFt: 9.76 Current Price: $2,210,000 Original List Price: 2210000 Status: Active Listing Contract Date: 2026-06-30 List Price: $2,210,000

Tax & Legal

Zoning: Other Zoning Description: B-2 Highway Business

Lot

Lot Size Acres: 5.2 Lot Size Square Feet: 226512 Lot Size Dimensions: 355 x 638 Road Frontage Feet: 775 Conservation Easement YN: No View YN: Yes Elevation Units: Feet

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1 Underground Utilities: 1

Remarks

Public Remarks: 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.

Listing Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Lease Option: 1

Lot Features

Cleared: 1 Gentle Sloping: 1 Level: 1

Special Listing Conditions

Standard: 1

View

Lake: 1 Neighborhood: 1 Water: 1

Current Use

Commercial: 1 Development: 1

Possible Use

Commercial: 1 Professional: 1

Property Details

Floodplain YN: No Paved Street Available YN: Yes Paved Street Width: 40 Easements YN: Yes

Showing Requirements

Show Anytime: 1 Showing Service: 1

Showing Information

Showing Instructions: All showings must be scheduled and approved via ShowingTime.

Status Change Information

Status Change Timestamp: 2026-06-30

Tax Legal

MLS Area Major: 018 - Montgomery County Subdivision Name: Silver Creek

Property Features

Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; Underground Utilities; Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available; Underground Utilities Current Use: Commercial; Development Listing Terms: 1031 Exchange; Cash; Conventional; Lease Option Lot Features: Cleared; Gentle Sloping; Level Possible Use: Commercial; Professional Special Listing Conditions: Standard View: Lake; Neighborhood; Water Showing Requirements: Show Anytime; Showing Service
Listing Office: Denniston Realty
Last Updated: June - 30 - 2026
Information deemed reliable but not guaranteed.