1009 N Lake Drive, Prestonsburg, KY 41653 (MLS# 24006225)

1009 N Lake Drive, Prestonsburg, KY 41653

$1,400,000

Property Type: Commercial Sale Square Footage: 10,928 Lot Size (sq. ft.): 108,900 Status: Closed

Current Price: $1,400,000 List Date: 4/03/2024 Last Modified: 7/13/2026

Overview

Description

PRIME REAL ESTATE! Located on N. Lake Drive in Prestonsburg! This building has many possibilities with over 10,900 sq.ft., under roof, with approx. 2 acres. Located on 'main through' in town! With all of the parking area, it would be a perfect spot for a large grocery, restaurant, and many other business ideas! Call for your showing and let's get busy bringing something new into Prestonsburg!

Listing Details MLS# 24006225

Listing Information

Comp Sale YN: No
Property Sub Type: Office

Status Change Information

Status Change Timestamp: 2026-07-13
Purchase Contract Date: 2025-09-10
Close Date: 2026-07-08
Close Price: 1400000
Buyer Financing: Cash
Sale Type: Arms Length Sale

Address

County: Floyd
Street Number: 1009
Street Direction Prefix: N
Street Name: Lake
Street Suffix: Drive
State: KY
Zip Code: 41653
Parcel Number: 045-20-07-011.00

Contract

Original List Price: 1450000
Start Showing Date: 2024-04-03
Listing Contract Date: 2024-04-02
Listing Agreement: Exclusive Right To Sell
Occupant Type: Vacant
Office Exclusive YN: No
List Price/SqFt: 132.69
Sold Price/SqFt: 128.11
SP/LP: 0.97

Tax Legal

MLS Area Major: 083 - Floyd County
Subdivision Name: Commercial

Interior

Building Area Total: 10928

More Information

Parking Information

Parking Total: 56

Building

Year Built: 1977

Lot

Lot Size Acres: 2.5
Lot Size Square Feet: 108900

Utilities

Cooling YN: Yes
Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: PRIME REAL ESTATE! Located on N. Lake Drive in Prestonsburg! This building has many possibilities with over 10,900 sq.ft., under roof, with approx. 2 acres. Located on 'main through' in town! With all of the parking area, it would be a perfect spot for a large grocery, restaurant, and many other business ideas! Call for your showing and let's get busy bringing something new into Prestonsburg!

Building and Property Details

Building Expansion Potential YN: Yes
Inground Tank YN: No
Railroad Siding YN: No
# of Dock Doors: Yes
# of Men's Restrooms: 2
# of Women's Restrooms: 2

Showing Information

Showing Instructions: Call listing agent to schedule an appointment.

Tax & Legal

Tax Rate: 1.1
Zoning Description: Commercial
Directions: From US 23 and Rt. 114 intersection, follow 114 into Prestonsburg. At the redlight, turn left onto N. Lake Drive. Follow to #1009, on left, just before Dairy Queen.

Construction Materials

Brick: Yes

Parking Features

Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Flat: Yes
Rubber: Yes

Sewer

Public Sewer: Yes

Building Features

Concrete Floor: Yes
Tile/Brick Floor: Yes

Business Type

Professional/Office: Yes

Docks

1-3 Docks: Yes

Sale Includes

Building(s): Yes
Equipment: Yes
Fixtures: Yes
Furniture: Yes
Land: Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Building Features: Concrete Floor; Tile/Brick Floor Business Type: Professional/Office Construction Materials: Brick Docks: 1-3 Docks Parking Features: Paved Possession: Close Of Escrow Roof: Flat; Rubber Sale Includes: Building(s); Equipment; Fixtures; Furniture; Land Sewer: Public Sewer

Listing Office: Century 21 American Way Realty

Last Updated: July - 13 - 2026

Information deemed reliable but not guaranteed.