310 Silver Lake Dr Mount Sterling, KY 40353
Estimated payment $5,442/month
Highlights
- Lake View
- 2 Acre Lot
- Level Lot
About This Lot
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 2-acre Class A commercial property offers unparalleled visibility and accessibility in Montgomery County. Can be subdivided into larger or smaller acreage lots at $425,000/acre. A total of 5.2 acres is available for sale or ground lease. 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.
Property Details
Property Type
- Land
Lot Details
- 2 Acre Lot
- Level Lot
- Cleared Lot
- Zoning described as B-2 Highway Business
Property Views
- Lake
- Neighborhood
Utilities
- Underground Utilities
- Phone Available
- Cable TV Available
Community Details
- Silver Creek Subdivision
Listing and Financial Details
- Assessor Parcel Number 023-40-01-021.01
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2021 | $1,976 | $200,000 | $0 | $0 |
| 2020 | $1,980 | $200,000 | $0 | $0 |
| 2019 | $1,988 | $200,000 | $0 | $0 |
| 2018 | -- | $200,000 | $200,000 | $0 |
| 2017 | -- | $200,000 | $200,000 | $0 |
| 2016 | -- | $200,000 | $200,000 | $0 |
| 2015 | -- | $200,000 | $200,000 | $0 |
| 2014 | -- | $200,000 | $200,000 | $0 |
| 2012 | -- | $200,000 | $200,000 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2026 06/30/26 | For Sale | $850,000 | -- | -- |
Source: ImagineMLS (Bluegrass REALTORS®)
MLS Number: 26015396
APN: 023-40-01-020.00
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The information is being provided by LBAR Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 LBAR Multiple Listing Service. All Rights Reserved.
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