Salt Lick KY Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.44 Acres
Baths:
MLS#:
24020481
Subdivision:
Commercial

ADDITIONAL INFORMATION

Commercial Opportunity Awaits! This fully furnished, turnkey restaurant sits in a solid brick building on the picturesque Salt Lick Creek, offering an incredible investment opportunity for a restaurant, event space, retail store or office, you are only limited by your imagination. Approximately 3000 sq ft. It has 204 feet of road frontage on the highly traveled US 60 and is just 4 miles from Cave Run Lake, this location is ideal for capturing both local and tourist traffic. Inside and outside spaces provide plenty of room for patrons to enjoy the atmosphere, and the entire kitchen is fully equipped, ensuring you're ready to start service from day one! With everything in place, this is a perfect setup for someone ready to launch their restaurant business without the hassle of building or outfitting from scratch. All contents being sold with the property. Whether you're an experienced restaurateur or a budding entrepreneur, this spot offers immense potential. Don't miss this rare opportunity to own a piece of prime real estate in a high-traffic, scenic area! The property is in a floodplain, but according to sellers never flooded. They pay $1900 a year in flood insurance

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Andrea Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way Suite 1202 Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.



Salt Lick Real Estate

The median home value in Salt Lick, KY is $222,500. This is higher than the county median home value of $137,300. The national median home value is $338,100. The average price of homes sold in Salt Lick, KY is $222,500. Approximately 41.4% of Salt Lick homes are owned, compared to 38.71% rented, while 19.89% are vacant. Salt Lick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salt Lick real estate agent to arrange a tour today!

Salt Lick, Kentucky has a population of 391. Salt Lick is less family-centric than the surrounding county with 22.12% of the households containing married families with children. The county average for households married with children is 29.99%.

The median household income in Salt Lick, Kentucky is $26,528. The median household income for the surrounding county is $46,375 compared to the national median of $69,021. The median age of people living in Salt Lick is 34.8 years.

Salt Lick Weather

The average high temperature in July is 86.3 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 47.9 inches per year, with 9.3 inches of snow per year.

Salt Lick Real Estate Market Conditions

  • Median sales price

    $222,500
    19.3% change since last quarter
  • # Active listings

    5
    30-day change

Salt Lick Schools and Demographics

Education near Salt Lick, KY

Metric City County
High School Graduates 89.87 82.02
College Degree - 2 year 8.86 5.57
College Degree - 4 year 23.21 14.87
Graduate Degree 2.53 5.01
Expenditures per Student 12,340 12,340
Students per Teacher 13.5 13.5

Elementary Schools near Salt Lick, KY

School Grades Students P/T Ratio ZIP
Botts Elementary School PK - 05 217 15 40316
Clearfield Elementary School KG - 05 328 17 40313
Menifee Elementary School PK - 08 498 16.6 40322

Middle Schools near Salt Lick, KY

School Grades Students P/T Ratio ZIP
Shearer Elementary School KG - 05 389 13.7 40313

High Schools near Salt Lick, KY

School Grades Students P/T Ratio ZIP
Menifee County High School 09 - 12 328 15.3 40322

Ungraded Schools near Salt Lick, KY

School Grades Students P/T Ratio ZIP
Hope Hill Children's Home 06 - 12 44 14.7 40334

Demographics near Salt Lick, KY

Metric City County
Neighborhood Type Small town
Population 391 12,680
Population Density 501 46
Median Age 34.8 40.4
People per Household 2.6 2.7
Median Household Income 26,528 46,375
Average Income per Capita 17,537 24,942