Herrington Lake Boat Storage

171 S Homestead Ln, Lancaster, KY 40444

  • For Sale Sells to the Highest Bidder Above $499,000
  • Property Type Industrial - Manufacturing
  • Property Size 6,000 SF
  • Units 5
  • Lot Size 1.42 Acre
  • Building Class C
  • Date Updated Apr 25, 2025
  • HVAC None
Take Settlement Drive North West to Homestead Lane, turn left and the boat storage will be on your left.SVN Stone Commercial Real Estate & SVN Auction Services are pleased to offer this unique property and sole Boat Storage opportunity next to Herrington Lake Marina. The property is being sold at Published Reserve Auction. This property at 171 South Homestead Lane in Lancaster, Kentucky is the only commercial property allowed in the neighborhoods surrounding the Marina and development. The boat storage buildings 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. The online auction opens for bidding on May 15th and begins to close at 4 pm on May 22nd. Again, this is a Published Reserve Auction meaning the property sells to the highest bidder at or above $499,000. It was previously list at at $650,000 so this opening bid is more than a $150,000 savings!
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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.

Contacts

broker
Bill Menish

SVN | Menish Commercial Real Estate

Location

Getting Around

  • Bike Score ®

    14/100 Somewhat Bikeable
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  • City Lancaster, KY
  • Neighborhood Lancaster
  • Zip Code 40444

Points of Interest

  • BP

    5.26 miles

  • Chill's

    5.29 miles

  • Speedway

    6.53 miles

  • Kroger

    8.31 miles

  • Mr. Kwik

    8.55 miles

  • Sunoco

    9.98 miles

  • Tom Dorman Nature Preserve

    5.41 miles

  • Parking for Dupree Nature Preserve

    6.34 miles

  • Trailhead parking for Jim Beam Nature Preserve

    6.55 miles

  • Sally Brown Nature Preserve Parking

    6.77 miles

  • Trailhead Parking

    7.75 miles

  • Asbury Trails Parking

    9.45 miles

  • Dairy Barn

    4.16 miles

  • Melton's All American Deli

    6.20 miles

  • Captain Frank's Hot Dog Emporium

    6.37 miles

  • Subway

    6.38 miles

  • The Hub

    6.38 miles

  • Bluegrass Pizza & Pub

    6.42 miles

  • Taquería Los Amigos

    6.47 miles

  • Daniel's Poke & Ramen

    6.50 miles

  • Southern Plate Catering

    6.53 miles

  • Papa John's

    6.55 miles

  • FoodLand

    5.14 miles

  • ALDI

    7.36 miles

  • Walmart Supercenter

    8.13 miles

  • Kroger

    8.18 miles

  • Save-A-Lot

    9.91 miles

  • Firehouse

    3.94 miles

  • Danville Police Department

    6.45 miles

  • Danville Central Fire Station

    6.47 miles

  • Ephraim McDowell Regional Medical Center

    6.52 miles

  • Parsons Center for Student Health & Counseling

    6.73 miles

  • Department of Public Safety

    6.84 miles

  • Fresenius Kidney Care Danville

    6.99 miles

  • CVS Pharmacy

    8.49 miles

  • James B. Haggin Memorial Hospital

    8.65 miles

  • Wilmore Police Station

    9.99 miles

Frequently Asked Questions

How much does Herrington Lake Boat Storage cost?

The sale price for Herrington Lake Boat Storage is available upon request. Contact the listing broker for more information.

What is the total square footage of Herrington Lake Boat Storage?

Herrington Lake Boat Storage totals 6,000 square feet.

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Contact Listing Broker
broker
Bill Menish

SVN | Menish Commercial Real Estate

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