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Historic Restaurant with Apartments
For Sale
$1,450,000

102 S Main St, Cynthiana, KY 41031

Three connected buildings combine dining, event, and residential space.

Property Size15,963 SF
Price / SF$90.84
Days on Market56

Property Features for 102 S Main St

General Information

Standard status Active
Size 15,963 SF
Property subtype Commercial

Additional Details

Business Included Yes
Patio Yes

Amenities

private banquet hall

Building Details

Year Built 1900
Year Renovated 2019
Buildings 3
Abandoned No
Listing Agency: Palmer-Hampton Realty
Listed By: Mary Todd Ashbrook · License #266531
Source: Centralkentuckyhomefinder
Added: Jul 5 Changed: Aug 28 Last Checked: Aug 28 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Palmer-Hampton Realty

Investment Insights

Based on property information with market context.

This restaurant property at 102 S Main St in Cynthiana, KY, combines three adjoining buildings into a connected commercial and residential asset. The primary dining area accommodates approximately 175 guests, while the 2019 addition known as The Station added 50 indoor seats and 50 outdoor patio seats. A private banquet hall on the upper level seats approximately 60 and is currently unused.

Two apartments occupy the second and third floors. Both were remodeled in 2020, with one unit operated as a long-term rental and the other as an Airbnb. The restaurant has served the community since 1894, and the property carries a 1900 year built designation. The existing layout supports restaurant dining, private events, patio use, and residential occupancy within the same downtown building group.

Key Highlights

  • Restaurant operation established in 1894
  • Three adjoining buildings connected into one restaurant property
  • Main dining area seats approximately 175 guests

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pet Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 41031, KY

16,341
Population
7,050
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
225.6 sq mi
ZIP Area
72
Density / Sq Mi
$62,052
Median Household Income
$38,155
Median Earnings
$765
Median Rent
$193,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three connected buildings combine dining, event, and residential space.
Where is this conventional restaurant located?
The property is located at 102 S Main St Cynthiana, KY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Restaurant operation established in 1894; Three adjoining buildings connected into one restaurant property; Main dining area seats approximately 175 guests
More about this property
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