1100 KY-801, Morehead, KY 40351
$1,900,000
Property Type:
Commercial Sale
Square Footage:
9,315
Lot Size (sq. ft.):
108,900
Status:
Closed
Current Price:
$1,900,000
List Date:
7/10/2023
Last Modified:
9/03/2025
Overview
Description
Listing Details MLS# 23012905
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2023-07-10
- Purchase Contract Date
- 2023-06-19
- Close Date
- 2023-07-07
- Close Price
- 1900000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
Address
- County
- Rowan
- Street Number
- 1100
- Street Name
- KY-801
- State
- KY
- Zip Code
- 40351
- Parcel Number
- 022-00 00 013.00
Contract
- Original List Price
- 2000000
- Start Showing Date
- 2023-07-10
- Listing Contract Date
- 2023-04-04
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 214.71
- Sold Price/SqFt
- 203.97
- SP/LP
- 0.95
Tax Legal
- MLS Area Major
- 061 - Rowan County
- Subdivision Name
- Commercial
Interior
- Building Area Total
- 9315
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 2000
- Stories Total
- Yes
Lot
- Lot Size Acres
- 2.5
- Lot Size Square Feet
- 108900
Utilities
- Cooling YN
- Yes
- Phone Available
- Yes
Remarks
- Public Remarks
- Great Income Producing Business in a Much Needed Market. The Main Assisted Living Building is 9,315 Square Feet with 16 Rooms each with their own restroom. Facility has Commercial Kitchen, Commercial Laundry, Meeting Rooms, Massive Foyer, Gazebo, Front and Rear Covered Areas along with Seating on Each End of the Building. Abundant Parking and an Extra 2 Bedroom, 2 Bath, 2 Living Room Home and a 3 Car Detached Garage, 1 Bedroom, 1 Bath Rental Cabin. Located in one of the Fastest Growing Areas of Rowan County, close to I-64, Cave Run Lake, American Stave Company and AppHarvest, along with still only being 15 minutes from center or Morehead. Anyone that asked to see income numbers must sign a confidentiality document.
Showing Information
- Showing Instructions
- 48 Hour Notice - Potential Buyers must have a Pre-Qualification Letter prior to showing.
Tax & Legal
- Tax Rate
- 0.886
- Zoning Description
- No County Zoning
- Directions
- KY 801 South for 1.1 Miles off US 60
Association/Community
- Number Of Buildings
- 3
Construction Materials
- Wood Siding
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Composition
- Yes
- Shingle
- Yes
Water Heater
- Water Heater
- Yes
Building Features
- Partially Carpeted
- Yes
Business Type
- Commercial
- Yes
- Hotel/Motel
- Yes
- Other
- Yes
Ceiling
- Drywall
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building(s)
- Yes
- Business
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Furniture
- Yes
- Inventory
- Yes
- Land
- Yes
- Leases
- Yes
- Licenses
- Yes
Property Features
Utilities:
Phone Available; Phone Available
Building Features:
Partially Carpeted
Business Type:
Commercial; Hotel/Motel; Other
Ceiling:
Drywall
Construction Materials:
Wood Siding
Existing Lease Type:
Gross
Possession:
Close Of Escrow
Roof:
Composition; Shingle
Sale Includes:
Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Leases; Licenses
Water Heater:
Water Heater
Listing Office:
C Roger Lewis Agency
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.