Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    621 W 2Nd St Maysville, KY 41056

    Sponsored
    For Sale
    Pending
    $175,000

    COMMERCIAL - Maysville, KY

    Property size:
    6,570 SF
    Lot size:
    0.92 Acres
    Days on Market:
    13
    Last Refresh:
    Feb 1 at 5:06 pm

    Property Features for 621 W 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    M01-10-005
    Size
    6,570 SF
    Lot size
    0.92 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Building materials
    Block, Concrete, Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Leah Frederick

    Howard Hanna Real Estate Services (606) 756-2500

    Listing agent Leah Frederick (606) 756-2500 License #280956

    Listing date Jan 20, 2026

    MLS# 636419

    Copyright © 2026 Northern Kentucky MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Maysville Commercial Property with Mixed-Use Potential

    This commercial property is located on the west end of Maysville, Kentucky, situated on West 2nd Street (Rt 8/Mary Ingles Hwy). The property includes three buildings and has road frontage. The main building is a two-story structure with over 3,500 square feet. It features a showroom, an office, two restrooms, and three heated workshop/garage areas. Half of the main building is air-conditioned. There is a bay area for loading and unloading, and a garage. The shop has high leg delta three-phase 208 volt power. The second floor of this building, encompassing over 3,200 square feet, has been used for storage. An additional small building contains bathroom facilities and additional storage space, and is 240 volt single phase. There is also a metal shed on the lot. A new furnace and AC unit were installed in 2018. The property, with a lot size of 0.92 acres, has been rezoned for mixed use. The property was formerly a woodworking and upholstery shop. The total property size is 6,570 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maysville
    County
    Mason
    State
    Kentucky
    Longitude
    -83.777307
    Latitude
    38.658857

    Nearby Similar for Sale

    • $145,000

      Maysville Multi-Unit Income Property

      Two duplexes with four rented units producing income in Maysville.
      204-208 East 6Th St, Maysville, KY 41056
      View Details
    • $995,000
      6,000 SF

      Former Restaurant with Leased Space

      Versatile commercial property with restaurant, bar, and leased salon.
      470 Tucker Dr, Maysville, KY 41056
      View Details
    • $85,000
      2,300 SF

      Maysville Mixed-Use Commercial Opportunity

      Mixed-use property with storefront and apartments in Maysville, Kentucky.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • $229,900
      2,016 SF

      Maysville Duplex: Income-Generating Investment

      Well-maintained, fully rented duplex in Maysville with recent updates.
      421 Forest Ave, Maysville, KY 41056
      View Details
    • $85,000
      0.07 Acres

      Mixed-Use Property in Maysville, KY

      Mixed-use property with storefront and apartments in Maysville, KY.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • $105,000
      Pending

      Mixed-Use Property in Maysville, KY

      Mixed-use property with storefront and apartments in Maysville, KY.
      1030 Forest Ave, Maysville, KY 41056
      View Details
    • $170,000

      Maysville Duplex Near Downtown

      Two-unit building near downtown Maysville with architectural charm.
      201 West 2Nd St, Maysville, KY 41056
      View Details
    • $125,000
      0.80 Acres

      Maysville Commercial Building with Shop

      Commercial building with drive-thru shop in Maysville, Kentucky.
      1200 West 2Nd St, Maysville, KY 41056
      View Details
    • $485,000
      2,880 SF

      Iconic Tavern For Sale

      Turnkey bar and restaurant with recent upgrades and outdoor space.
      1917 Old Main St, Maysville, KY 41056
      View Details
    • $175,000

      Multi-Unit Duplex in Maysville, KY

      Duplex in Old Washington with income potential.
      2101 Old Main St, Maysville, KY 41056
      View Details
    • $78,000
      4.30 Acres

      Maysville Farm with Barns

      4.3 acre farm with multiple barns near Maysville, KY.
      8234 Orangeburg Rd, Maysville, KY 41056
      View Details
    • $459,000
      89.25 Acres

      89.25 Acre Farm Opportunity

      89.25 acre farm suitable for farming or development.
      Bridgeport Rd, Maysville, KY 41056
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Commercial property with multiple buildings and mixed-use zoning.
    Where is this mixed-use property located?
    The property is located at 621 W 2Nd St Maysville, KY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Vast 3,500+ SF two-story main building with showroom, office, restrooms, and heated workshop/garage areas.; - Convenient location on West 2nd (Rt 8/Mary Ingles Hwy) with plenty of road frontage.; - Recently rezoned for 'mixed use'.
    (513) 289-9800
    Request Owner's contact information
    621 W 2Nd St Maysville, KY 41056
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    621 W 2Nd St
    Maysville, KY 41056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    621 W 2Nd St Maysville, KY 41056
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Leah Frederick
    Real Estate License ID: 280956
    (513) 289-9800
    Learn more
    Google sign-in failed. Please try again or use another login method.