178 Lost Lodge Rd, Somerset, KY 42501

$199,000

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List Price
$199,000
MLS#
26017627
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
174,240

Property Description

Commercially Zoned • 4 Acres • Minutes to Lake Cumberland • Former Mobile Home Park • Outstanding Development Opportunity. Exceptional opportunity to purchase approximately 4.0 acres of commercially zoned property in one of Somerset's growing commercial corridors, just minutes from Lake Cumberland and South Highway 27. Historically operated as a mobile home park with 20+ homes, this property offers outstanding potential for commercial development, investment, retail, marine-related businesses, storage, office space, hospitality, and many other permitted uses. Electric and public water are available. Buyers are encouraged to verify the availability of city sewer or determine septic requirements based on their intended use. Seller understands the property successfully passed a percolation test many years ago; however, buyers should independently verify all utility availability, zoning requirements, and development suitability. Surrounded by established commercial businesses and conveniently located near Lake Cumberland, this property offers excellent accessibility and exceptional visibility for future development. ***Important Property Location Information: The total property associated with 178 Lost Lodge Road consists of approximately 5.0 acres divided into two separate parcels. The parcel offered for sale is approximately 4.0 acres and is commercially zoned. The adjoining 1.0 acre residential parcel, containing the residence, has a separate parcel number and is NOT included in this sale. Because both parcels share the street address of 178 Lost Lodge Road, GPS will direct buyers to the residence. The commercially zoned 4-acre parcel for sale is located directly across Lost Lodge Road from the residence. Please refer to the Realtor® signs, aerial photographs, and parcel maps included with this listing to identify the correct property.

Additional Information

Zoning
C-1

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Elite Lexington.