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2701 Ky Hwy 801 N , #9

Morehead, KY 40351
  • $850,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 25004373
UPDATED: 48 min ago
$850,000
  • 0
    BEDS
  • 1.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $283
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2026
County:
Area:

School Ratings & Info

Description

This (1-1+ acre) lot boasts convenient access to I-64, ensuring excellent visibility and accessibility for clients. With the option to purchase individually or as a bundle with another lot ($350-450K extra), seize the opportunity to tailor your investment strategy to suit your needs. Price listed is for a 1.07 acre lot pending construction of 3,000 sq ft commercial building being built to suit an executed 15-year lease for medical cannabis tenant. There are two 5-year options on the lease as well. Don't miss your chance to secure a foothold in this dynamic commercial landscape. Contact us today to explore the possibilities and make your mark in Rowan County, Morehead, KY.The Tenant shall have the First Right of Refusal to purchase the commercial property located at during the term of the lease agreement and any extensions thereof.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Marshall Lane Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.marshalllane.com/homes/161265965
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2701 Ky Hwy 801 N , #9 Morehead, KY 40351

  • Price: $850,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 48 min ago
  • MLS #: 25004373
0
Beds
0
Baths
0
½ Baths
1.07
Acres
3,000
SQFT
$283
$/SQFT
2026
Built
Neighborhood:
Commercial
County:
Rowan
Area:
Rowan County
Property Description
This (1-1+ acre) lot boasts convenient access to I-64, ensuring excellent visibility and accessibility for clients. With the option to purchase individually or as a bundle with another lot ($350-450K extra), seize the opportunity to tailor your investment strategy to suit your needs. Price listed is for a 1.07 acre lot pending construction of 3,000 sq ft commercial building being built to suit an executed 15-year lease for medical cannabis tenant. There are two 5-year options on the lease as well. Don't miss your chance to secure a foothold in this dynamic commercial landscape. Contact us today to explore the possibilities and make your mark in Rowan County, Morehead, KY.The Tenant shall have the First Right of Refusal to purchase the commercial property located at during the term of the lease agreement and any extensions thereof.
Exterior Features

Parking 1 - 5 Spaces Stories One

Interior Features

Building Square Footage 3000

Property Features

Business Type Business Construction Status New Construction Current Zoning Flexible Gross Scheduled Rental Income 78000 Lease Type Triple Net Possession Close of EscrowSubject To Tenant Rights Sale Lease Includes BuildingsLeasesLand Tax Rate 0.853 Terms Sale

Bluegrass REALTORS® logo Listing provided courtesy of Tamara Hurst of SimpliHOM: (859) 509-8401 . Listing information © 2025 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Marshall Lane Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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618 Shelby Street
Frankfort KY, 40601