For Sale
$235,000

224 Ashley DrMorgantown, KY 42261

Prime 1-acre commercial lot, ideal for redevelopment.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1-acre commercial property in Morgantown, Kentucky, presents a unique investment opportunity. Located at 224 Ashley Drive, this land boasts convenient access to the I-65 four-lane parkway, just half a mile away, ensuring high visibility and easy accessibility. The property includes a substantial existing structure: a 3,470 square foot former church building. This building features two bathrooms, a kitchen, a dining room, two Sunday school classrooms, an office, a storage room, and a large sanctuary with seating for approximately 90 people. In addition to the church building, the property also includes a double-wide mobile home measuring 28x44 feet, offering three bedrooms and two bathrooms. This versatile property is being sold "as is," offering significant potential for redevelopment or repurposing. The combination of the existing buildings and the prime location makes this a highly attractive proposition for investors seeking a project with immediate potential. The property's zoning and permitted uses should be independently verified. The asking price for this exceptional opportunity is $235,000. Don't miss this chance to acquire a significant piece of commercial real estate in a rapidly growing area.

Highlights

  • $235,000 asking price.
  • One-acre commercial land parcel.
  • Located at 224 Ashley Drive, Morgantown, KY 42261.
  • Includes a 3,470 sq ft former church building with multiple rooms and a large sanctuary.
  • Also includes a 28' x 44' double-wide, 3-bedroom, 2-bathroom home.
  • Property sold AS IS.

Property Details for 224 Ashley Dr

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Morgantown
County
21031
State
Kentucky
Latitude
37.2108793
Longitude
-86.6953847
224 Ashley Dr, Morgantown, Kentucky

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224 Ashley Dr
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