234 S Homestead Lane, Lancaster, KY 40444
New Listing
$2,895,000
Property Type:
Commercial Sale
Square Footage:
3,000
Lot Size (sq. ft.):
127,326
Status:
Active
Current Price:
$2,895,000
List Date:
8/12/2026
Last Modified:
8/12/2026
Overview
Description
Listing Details MLS# 26021764
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Business
Status Change Information
- Status Change Timestamp
- 2026-08-12
Address
- County
- Garrard
- Street Number
- 234
- Street Direction Prefix
- S
- Street Name
- Homestead
- Street Suffix
- Lane
- State
- KY
- Zip Code
- 40444
- Parcel Number
- 05C-21
- Deed Book
- 227
- Deed Page
- 220
Contract
- Original List Price
- 2895000
- Start Showing Date
- 2026-08-12
- Listing Contract Date
- 2026-08-11
- Listing Agreement
- Exclusive Right To Sell
- Owner Name
- NAPIER MARINA LLC
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 965
Tax Legal
- MLS Area Major
- 023 - Garrard County
Interior
- Living Area
- 1500
- Living Area Units
- Square Feet
- Building Area Total
- 3000
- Building Area Source
- Owner
- Building Area Units
- Square Feet
More Information
Building
- Basement YN
- No
- Year Built
- 1992
- Stories Total
- Yes
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 2.923
- Lot Size Square Feet
- 127325.88
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Available
- Yes
- Phone Available
- Yes
- Propane
- Yes
- Water Available
- Yes
- Other
- Yes
Remarks
- Public Remarks
- FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.
Building and Property Details
- Furniture, Fixtures & Equipment YN
- Yes
- Building Expansion Potential YN
- Yes
- Inground Tank YN
- Yes
- Railroad Siding YN
- No
- # of Men's Restrooms
- 2
- # of Women's Restrooms
- 2
- Retail SqFt
- 1600
Showing Information
- Showing Instructions
- Listing broker must accompany all showings. Please do not show without permission. Seller does not want employees or renters to know that the property is for sale yet.
Tax & Legal
- Business Name
- Herrington Lake Marina
- Tax Rate
- 1.0293
- Zoning
- C
- Directions
- From Lexington take US 27 to right on Sutton. Go 2 miles to right Settlement Rd. then left on Homestead, Herrington Marina is on the right,
Association/Community
- Number Of Buildings
- 5
Construction Materials
- Concrete
- Yes
- Vinyl Siding
- Yes
Cooling
- Electric
- Yes
Heating
- Electric
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- On Site
- Yes
- Paved
- Yes
Possession
- Negotiable
- Yes
- Subject To Tenant Rights
- Yes
Roof
- Metal
- Yes
Sewer
- Septic Tank
- Yes
- Other
- Yes
Special Listing Conditions
- Standard
- Yes
Water Heater
- Electric
- Yes
Business Type
- Commercial
- Yes
- Recreation
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Other
- Yes
Sale Includes
- Building(s)
- Yes
- Business
- Yes
- Equipment
- Yes
- Fixtures
- Yes
- Furniture
- Yes
- Inventory
- Yes
- Land
- Yes
- Leases
- Yes
Tenant Pays
- Electricity
- Yes
- Sewer
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Listing Agent Must Accompany
- Yes
- No Sign
- Yes
Property Features
Utilities:
Electricity Available; Phone Available; Propane; Water Available; Other; Electricity Available; Phone Available; Propane; Water Available; Other
Business Type:
Commercial; Recreation; Restaurant; Retail; Other
Construction Materials:
Concrete; Vinyl Siding
Cooling:
Electric
Heating:
Electric
Listing Terms:
Cash; Conventional
Parking Features:
On Site; Paved
Possession:
Negotiable; Subject To Tenant Rights
Roof:
Metal
Sale Includes:
Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land; Leases
Sewer:
Septic Tank; Other
Special Listing Conditions:
Standard
Tenant Pays:
Electricity; Sewer
Water Heater:
Electric
Showing Requirements:
Call Listing Agent; Listing Agent Must Accompany; No Sign
Survey ›
Listing Office:
Jack Foley Realty, LLC
Last Updated: August - 12 - 2026
Information deemed reliable but not guaranteed.