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234 S Homestead Ln - Herrington Lake Marina 2.92 Acres of Commercial Land Offered at $4,022,661 CAD in Lancaster, KY 40444
Investment Highlights
- Very popular Herrington Lake marina with slip rentals, fuel pier, restaurant, RV/camper pads, and more.
- Real estate and business included in sale.
Executive Summary
FANTASTIC INVESTMENT OPPORTUNITY! Real estate and very successful, long running marina business known as Herrington Lake Marina. The sale includes the land, the marina with 210 rental slips, ship store, fuel pier, restaurant, three rental pontoon boats, all equipment, tools, inventory, and much more. There are also three onshore rental cabins (with beautiful lake views) , five RV/camper sites with electric, water, and sewer, as well as a boat trailer storage area. Lots of income sources including: slip rental, fuel, ship store, pontoon rental, launching fees, restaurant, RV site rentals, boat storage fees, and cabin rentals. The current owners purchased as a second career in 2004, and now, after 22 years, they are ready to retire.
Property Facts
| Price | $4,022,661 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Marina |
| No. Lots | 1 | Total Lot Size | 2.92 AC |
| Property Type | Land | ||
| Zoning | None - Lancaster doesn't have zoning regulations for properties located in the county. The local PVA list the property class as commercial. | ||
| Price | $4,022,661 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Marina |
| Total Lot Size | 2.92 AC |
| Zoning | None - Lancaster doesn't have zoning regulations for properties located in the county. The local PVA list the property class as commercial. |
1 Lot Available
Lot
| Price | $4,022,661 CAD | Lot Size | 2.92 AC |
| Price Per AC | $1,377,623.47 CAD |
| Price | $4,022,661 CAD |
| Price Per AC | $1,377,623.47 CAD |
| Lot Size | 2.92 AC |
Description
Well known, and very popular Herrington Lake Marina with +/- 210 slips, rental cabins, ship store, restaurant, RV/Camper pads, and more.
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 05C-21 | Improvements Assessment | $6,948 CAD |
| Land Assessment | $2,084,280 CAD | Total Assessment | $2,091,228 CAD |
Property Taxes
Parcel Number
05C-21
Land Assessment
$2,084,280 CAD
Improvements Assessment
$6,948 CAD
Total Assessment
$2,091,228 CAD
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234 S Homestead Ln - Herrington Lake Marina
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