Larry Mason - Elite Realty Logo
$299,000
( $152.55Per Sq Foot )
 $1,605 est/mo Sourced by Back At You

531 E Main Street,Mt Sterling, KY 40353

Mt Sterling, KY 40353

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Description

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 conveyreal estate, fixtures, and equipment only. Don't miss this rare downtown investment opportunity!

Details

MLS #26015489
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year9999
Days On Site56
Listing Provided ByDream Maker Realty, LLC | R Michelle Rowland-Noble

Features

SQ Feet1,960
Building(s)1
ZoningOther
Acreage0.24

Interior

CoolingElectric
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofMetal

Parking

Attached Garage Yes / NoNo
Parking FeaturesOn Site, Paved

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
SewerPublic Sewer

Area Information

StateKY
CountyMontgomery
CityMt Sterling
Zip Code40353
Area018 Montgomery County
SubareaMontgomery County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$299,000
low | high
Med:
$225,000
74.749163879599% of Average
sqft:
1,960
low | high
Med:
1,319
82.704081632653% of Average
$ / sqft:
$153
low | high
Med:
$171
38.179197273703% of Average
On site:
56
low | high
Med:
4
100% of Average
Sourced by Back At You

Market Activity 40353

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Contact

Learn More About This Property

Larry Mason

Larry Mason

Elite Realty

191508 (270) 519-5900larry@larrymasonhomes.com
StateKY
CountyMontgomery
CityMt Sterling
Zip Code40353
Area018 Montgomery County
SubareaMontgomery County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$299,000
low | high
Med:
$225,000
74.749163879599% of Average
sqft:
1,960
low | high
Med:
1,319
82.704081632653% of Average
$ / sqft:
$153
low | high
Med:
$171
38.179197273703% of Average
On site:
56
low | high
Med:
4
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $224K - $373K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
117 Estill Street Property Photo 1
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117 Estill Street
Mt Sterling, KY 40353
114 Estill Street Property Photo 1
$165,000
114 Estill Street
Mt Sterling, KY 40353
534 E Locust Street Property Photo 1
$90,000
534 E Locust Street
Mt Sterling, KY 40353
Listing Updated: August 4, 2026 at 9:40:45 AM PDT

Larry Mason - Elite Realty