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531 E Main St
Mount Sterling, KY 40353
Downtown Mt Sterling Restaurant · Retail Property For Sale
Investment Highlights
- heavy duty foot traffic
- easy parking
- downtown
Executive Summary
Prime commercial opportunity in the heart of downtown Mt. Sterling! Currently operating as a restaurant, this versatile property offers endless possibilities for entrepreneurs and investors alike. Whether you're looking to continue in the food industry or transform the space for retail, office, or another business venture, the groundwork is already in place. The sale includes the building along with valuable fixtures and equipment such as triple deck ovens, refrigerated prep tables, a 3-compartment sink, walk-in cooler, 60-qt mixer, ice machine, TVs, stainless steel tables, prep sinks, and hand sinks. Even better, an upstairs apartment is currently rented, providing immediate income potential. Please note: business does not convey—real estate, fixtures, and equipment only. Don't miss this rare downtown investment opportunity!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,960 SF
Building Class
C
Year Built
1990
Price
$299,000
Price Per SF
$152.55
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.23 AC
Opportunity Zone
Yes
Parking
6 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
98’ on East High Street
Property Taxes
| Parcel Number | 23M-80-10-002.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $159,510 |
Property Taxes
Parcel Number
23M-80-10-002.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$159,510
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