310 Silver Lake Drive, Mt Sterling, KY 40353 (MLS# 26015396)

310 Silver Lake Drive, Mt Sterling, KY 40353

New Listing

$850,000

Property Type: Land Lot Size (sq. ft.): 87,120 Status: Active

Current Price: $850,000 List Date: 6/30/2026 Last Modified: 6/30/2026

Overview

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 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 fl ... (Read more) 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 Highway Business B-2, and 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 Details MLS# 26015396

Listing Information

Comp Sale YN: No
Property Sub Type: Unimproved Land

Status Change Information

Status Change Timestamp: 2026-06-30

Address

County: Montgomery
Street Number: 310
Street Name: Silver Lake
Street Suffix: Drive
State: KY
Zip Code: 40353
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 lot is located behind Cattleman's Roadhouse. This lot adjoins Cattleman's Roadhouse and Comfort Inn & Suites.
Parcel Number: 023-40-01-021.01

Contract

Original List Price: 850000
Start Showing Date: 2026-06-30
Listing Contract 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

Tax Legal

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

Lot

Number Of Lots: Yes
Lot Size Acres: 2
Lot Size Square Feet: 87120
Road Frontage Feet: 300
Conservation Easement YN: No
View YN: Yes
Elevation: 986
Elevation Low: 980
Elevation Units: Feet

More Information

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 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 Highway Business B-2, and 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

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

Showing Information

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

Tax & Legal

Zoning: Other
Zoning Description: B-2 Highway Business

Utilities

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

Listing Terms

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
Lease Option: Yes

Lot Features

Cleared: Yes
Gentle Sloping: Yes
Level: Yes

Special Listing Conditions

Standard: Yes

View

Lake: Yes
Neighborhood: Yes
Water: Yes

Current Use

Commercial: Yes
Development: Yes

Possible Use

Commercial: Yes
Professional: Yes

Showing Requirements

Show Anytime: Yes
Showing Service: Yes

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.