9335 Cranston Rd, Morehead, KY 40351

$575,000
1,536
SqFt

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List Price
$575,000
Status
ACTIVE
Days on Market
244
MLS#
26005132
Subtype
Business Opportunity
Year Built
9999
Living Area
1,536
Lot Size
57,935
Acres
1.33
Subdivision
Rural
Neighborhood
061 - Rowan County
MLS Area Major
061 - Rowan County

Property Description

Incredible business opportunity! This approximately 6,464 sq. ft. convenience store and restaurant is currently operating at full capacity and offers incredible income potential. The property features a fully furnished commercial kitchen, a spacious dining area, and a large stocked retail area complete with walk-in coolers. In the rear of the store, you'll find a large finished room that has been used for live entertainment, party rentals, and conference events, creating even more opportunities to generate additional revenue. Step outside to the outdoor patio area out back, already set up and ready for use—perfect for additional seating, live music, or outdoor gatherings, adding even more versatility to the property. Above the store are two apartments—one 1-bedroom and one 2-bedroom. One unit is currently vacant, while the other is currently being used to host Airbnb guests, providing an additional income stream. Also included is a gravel parking lot located across Highway 377, offering convenient overflow parking for customers and events. This property offers multiple income streams and endless potential.

Additional Information

Heating
Electric, Propane
Air Conditioning
Electric

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Calculator source: Real Geeks

Listing courtesy of Ethan D Blair of SimpliHOM.