Morehead, KY 40351,7325 Flemingsburg Road
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Morehead, KY 40351,7325 Flemingsburg Road
Morehead, KY 40351,7325 Flemingsburg Road
Morehead, KY 40351,7325 Flemingsburg Road
Morehead, KY 40351,7325 Flemingsburg Road
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7325 Flemingsburg Road Morehead, KY 40351

960 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $859

Subdivision Rural

MLS Listing ID 25503354

Lot Size 27.475 Acres

Acres 27.48

Property Sub-Type Mixed Use

Property Description

Discover a unique opportunity with this versatile 960 ft² commercial building situated on a sprawling 27.475 acres of gently rolling farmland, featuring over 1,200 feet of road frontage along the bustling Highway 32. This prime location serves as a vital connector between Rowan and Fleming counties, offering excellent visibility and accessibility for various commercial ventures. The land is predominantly cleared and currently maintained for hay production, presenting an ideal scenario for agricultural use while also opening doors for mixed-use development. The commercial building is complemented by a generous parking lot, ensuring ample space for customers or clients and providing seamless access to the expansive farmland. In addition to the main structure, the property features a barn and a rental house, available for just $550 a month. While the rental house is in need of renovation, it presents an opportunity to continual additional income. Potential Uses This property is a blank canvas for a variety of potential uses, including: - Mixed-Use Commercial Development: Ideal for businesses that benefit from high traffic visibility, such as retail outlets, restaurants, or service-oriented enterprises. - Agricultural Ventures: Continue the current hay production or explore other farming possibilities, including livestock or crop cultivation. - Residential Real Estate Development: The gently rolling landscape is perfect for creating residential lots, enhancing the local housing market. - Recreational Facilities: Utilize the farmland for outdoor recreation, such as a farm-to-table venue, event space, or community gardens. Investment Highlights -Prime Location: With over 1,200 feet of road frontage on a busy highway, this property ensures high visibility and easy access for potential customers or clients. - Versatile Property: The combination of commercial space, farmland, and residential rental potential allows for a diverse range of investment opportunities. - Cleared and Maintained Land: The gently rolling farmland is ready for immediate use, minimizing preparation efforts for agricultural endeavors. - Utility Accessibility: While there are currently no utilities connected, gas, sewer, and water services are readily available with minimal effort to connect. - Income Potential: The commercial building offer an opportunity to open a business in the hear term and generate cash flow. It is currently a successful trophy business. The rental house offers immediate cash flow, with the potential for increased income through renovation and enhancement. This property presents an exceptional opportunity for investors and developers looking to capitalize on a prime location with diverse potential uses. Don't miss your chance to own a piece of land that combines commercial viability with agricultural charm!

Location

State KY

County Rowan

Zoning Other

Exterior

Parking Features On Site, Paved

Utilities Available Electricity Available, Natural Gas Available, Propane Connected, Sewer Available, Water Available

View Y/N N

Handicap Access No

Private Pool No


Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by SimpliHOM
Maggie Wells

Maggie Wells

Agent | License ID: 221726

+1(859) 402-4766

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7325 Flemingsburg Road