1100 Hwy 801 $2,000,000

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    1100 Hwy 801 Morehead, KY 40351

    • 9,315 sq. ft.
    • 2.50 Acres
    • Commercial
    • MLS# 22014666
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    Views: 10 Days On Site: 93

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    Property Details

    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.

    • General Features
      • Area 061 - Rowan County
      • Subdivision Commercial
      • County Rowan
      • Year Built 2000
      • Lease Type Gross
    • Building Features
      • Ceiling Drywall
      • Floor Type Partially Carpeted
      • Roof Composition, Shingle
      • Number of Stories One
      • Sq Ft: Building Sf 9315
    • Property Features
      • Lot Size Acres 2.5
      • Miscellaneous Features Air Conditioning,Hot Water Heater
      • Number of Buildings 3
      • Parking 11 - 20 Spaces
      • Sprinklers None
      • Utilities Telephone

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    Neighborhood

    40351 (Morehead) Demographics

    30 Median Age
    87 Population Density (per sq. mile)
    34% College Educated
    $43,385 Estimated Median Income
    4,781 Estimated Total Home Owners
    3,137 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,097 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $142,750 Median Sales Price
    12 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,000,000
        7/6/2022 2:32:00 PM New in Database Source: Multiple Listing Service New Value: $2,000,000

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        The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Berkshire Hathaway HomeServices Foster are marked with the IDX logo or the IDX thumbnail logo, and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.