Herrington Lake - Boat Storage
171 South Homestead Lane
Lancaster, KY 40444
Highlights
- Sole Boat Storage and Repair Business opportunity- Lake Herrington
- 1.4 acres, 6,000 sf building, and 7,000 sf of slips per PVA
- Some income, but value add opportunity for investor or business owner
- Only Commercial property in the Neighborhood, and no more allowed
- Extra acreage owned next door to build homes owned by the seller as well.
Description
SVN Stone Commercial Real Estate is pleased to offer this unique property and sole Boat Storage opportunity next to Herrington Lake Marina. This property is the only commercial property allowed in the neighborhoods' surrounding the Marina and development. The improvements sit on 1.4 acres, and have had an out of town owner, managed locally that previously did minor repairs, and offers lower rents for the 30 existing slips for the locals. There is tremendous upside here for the repair, and storage, and potentially for a concierge side of the business for owners. There is an extra 4 acres next door if building a home or homes, owned by the seller as well.
For more information please contact Neal Metcalfe at neal.metcalfe@svn.com // 859.312.8069.
Founded in 1797, Lancaster in Garrard County is a beautiful area with loving citizens. Lancaster hosts many community events year-round, including Garrard County Days in mid-April, the City-Wide Yard Sale in August, and the Tobacco Festival in September. With so much going on, it?s easy to see why Lancaster has remained so popular in the hearts and minds of all its citizens.
