797 Slate Avenue, Owingsville, KY 40360
$975,000
Property Type:
Commercial Sale
Square Footage:
6,480
Lot Size (sq. ft.):
17,860
Status:
Active
Current Price:
$975,000
List Date:
5/26/2026
Last Modified:
5/26/2026
Overview
Description
...
(Read more)
Positioned for visibility and built for versatility, this mixed-use commercial property in Owingsville offers the kind of setup that's getting harder to find. Located just seconds off I-64, you're sitting right between two strong markets--approximately 50 minutes to Lexington and about 40 minutes to Morehead--making this a strategic hub for business, service, or investment use with easy access for both local and regional traffic. The main commercial building offers approximately 6,480 square feet of block construction with flexibility at its core. Currently designed with four separate sections, the layout allows for multiple income streams or the ability to operate a larger business under one roof. Inside, you'll find approximately 13 private office spaces on the upper level, along with additional rooms that can serve as workspaces, storage, or client areas. The property is equipped with PTAC heating and cooling units, allowing for efficient, individualized climate control across different areas--ideal for multi-tenant use. An ADA-compliant bathroom is already in place, adding accessibility and functionality for a wide range of business types. For those needing more than traditional office space, the building also features a large roll-up door and a basement-level garage area that could accommodate equipment or even a lift--making it a strong fit for automotive, trade, or service-based businesses. The full basement adds even more usable square footage and flexibility. In addition to the commercial space, the property includes two apartment-style units totaling approximately 1,680 square feet. These units are configured in a single detached structure with a side-by-side layout, offering privacy while maintaining efficiency. One unit features a studio-style design with defined living and sleeping areas and a spacious bath, while the second offers a two-bedroom, two-bath layout with a full kitchen and living space. Both units include in-suite laundry and are currently leased, providing immediate income. Sitting on approximately 0.41 acres with extensive road frontage, the property benefits from its own turn lane access off a main road, ensuring easy entry and strong visibility. The site offers ample on-site parking, making it convenient for employees, clients, and tenants alike. With consistent traffic flow and immediate interstate access, this location is built for exposure. The seller is also open to leasing the commercial space, creating additional flexibility for business owners or investors looking to secure the location without an immediate purchase. This is the kind of property that works however you need it to--operate your own business, lease out individual spaces, or create multiple income streams across both commercial and residential components. With location, flexibility, and built-in income potential, the groundwork is already here--now it's just about putting it to work.
Listing Details MLS# 26011921
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Mixed Use
Status Change Information
- Status Change Timestamp
- 2026-05-26
Address
- County
- Bath
- Street Number
- 797
- Street Name
- Slate
- Street Suffix
- Avenue
- State
- KY
- Zip Code
- 40360
- Parcel Number
- 043-00-00-042.01
Contract
- Original List Price
- 975000
- Start Showing Date
- 2026-05-26
- Listing Contract Date
- 2026-05-26
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 150.46
Tax Legal
- MLS Area Major
- 038 - Bath County
- Subdivision Name
- Commercial
Interior
- Living Area
- 1680
- Living Area Units
- Square Feet
- Living Area Source
- Public Records
- Building Area Total
- 6480
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Parking Information
- Parking Total
- 15
Building
- Basement YN
- Yes
- Year Built
- 1987
- Stories Total
- Yes
- Accessibility Features YN
- Yes
- Leasable Area
- 8160
Lot
- Lot Size Acres
- 0.41
- Lot Size Square Feet
- 17859.6
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Cable Available
- Yes
- Electricity Available
- Yes
- Water Available
- Yes
Remarks
- Public Remarks
- Positioned for visibility and built for versatility, this mixed-use commercial property in Owingsville offers the kind of setup that's getting harder to find. Located just seconds off I-64, you're sitting right between two strong markets--approximately 50 minutes to Lexington and about 40 minutes to Morehead--making this a strategic hub for business, service, or investment use with easy access for both local and regional traffic. The main commercial building offers approximately 6,480 square feet of block construction with flexibility at its core. Currently designed with four separate sections, the layout allows for multiple income streams or the ability to operate a larger business under one roof. Inside, you'll find approximately 13 private office spaces on the upper level, along with additional rooms that can serve as workspaces, storage, or client areas. The property is equipped with PTAC heating and cooling units, allowing for efficient, individualized climate control across different areas--ideal for multi-tenant use. An ADA-compliant bathroom is already in place, adding accessibility and functionality for a wide range of business types. For those needing more than traditional office space, the building also features a large roll-up door and a basement-level garage area that could accommodate equipment or even a lift--making it a strong fit for automotive, trade, or service-based businesses. The full basement adds even more usable square footage and flexibility. In addition to the commercial space, the property includes two apartment-style units totaling approximately 1,680 square feet. These units are configured in a single detached structure with a side-by-side layout, offering privacy while maintaining efficiency. One unit features a studio-style design with defined living and sleeping areas and a spacious bath, while the second offers a two-bedroom, two-bath layout with a full kitchen and living space. Both units include in-suite laundry and are currently leased, providing immediate income. Sitting on approximately 0.41 acres with extensive road frontage, the property benefits from its own turn lane access off a main road, ensuring easy entry and strong visibility. The site offers ample on-site parking, making it convenient for employees, clients, and tenants alike. With consistent traffic flow and immediate interstate access, this location is built for exposure. The seller is also open to leasing the commercial space, creating additional flexibility for business owners or investors looking to secure the location without an immediate purchase. This is the kind of property that works however you need it to--operate your own business, lease out individual spaces, or create multiple income streams across both commercial and residential components. With location, flexibility, and built-in income potential, the groundwork is already here--now it's just about putting it to work.
Building and Property Details
- # of Men's Restrooms
- 4
- # of Women's Restrooms
- 4
- Usable SqFt
- 6480
Showing Information
- Showing Instructions
- See the email that will be sent to you. Portions of the property are leased, please schedule an appointment to view.
Tax & Legal
- Tax Rate
- 0.229
- Zoning
- Other
- Zoning Description
- COMMERCIAL (40
- Directions
- Link to property pin: https://maps.app.goo.gl/iYY2RNKBnS8Yiakz5
Association/Community
- Number Of Buildings
- 3
Basement
- Bath/Stubbed
- Yes
- Concrete
- Yes
- Exterior Entry
- Yes
- Finished
- Yes
- Full
- Yes
Construction Materials
- Block
- Yes
Cooling
- Electric
- Yes
Heating
- Electric
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Lease Option
- Yes
Parking Features
- Gravel
- Yes
- On Site
- Yes
Possession
- Close Of Escrow
- Yes
- Negotiable
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Showing Considerations
- Electricity Not On
- Yes
Water Heater
- Electric
- Yes
Building Features
- Concrete Floor
- Yes
Business Type
- Commercial
- Yes
- Mixed
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Retail
- Yes
Ceiling
- Dropped
- Yes
- Other
- Yes
Docks
- 1-3 Docks
- Yes
Electric
- 200+ Amp Service
- Yes
Existing Lease Type
- Other
- Yes
Sale Includes
- Building(s)
- Yes
- Fixtures
- Yes
- Land
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Showing Service
- Yes
Property Features
Utilities:
Cable Available; Electricity Available; Water Available; Cable Available; Electricity Available; Water Available
Basement:
Bath/Stubbed; Concrete; Exterior Entry; Finished; Full
Building Features:
Concrete Floor
Business Type:
Commercial; Mixed; Professional Service; Professional/Office; Retail
Ceiling:
Dropped; Other
Construction Materials:
Block
Docks:
1-3 Docks
Electric:
200+ Amp Service
Existing Lease Type:
Other
Heating:
Electric
Listing Terms:
Cash; Conventional; Lease Option
Parking Features:
Gravel; On Site
Possession:
Close Of Escrow; Negotiable
Roof:
Shingle
Sale Includes:
Building(s); Fixtures; Land
Sewer:
Public Sewer
Showing Considerations:
Electricity Not On
Water Heater:
Electric
Showing Requirements:
Call Listing Agent; Showing Service
Listing Office:
Keller Williams Legacy Group
Last Updated: May - 26 - 2026
Information deemed reliable but not guaranteed.
