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

102 S Main Street, Cynthiana, KY 41031

Commercial Sale, Cynthiana, KY

Property Size15,963 SF
Lot Size0.34 Acres
Price / SF$90.84
Days on Market54

Property Features for 102 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 8
Basement Unfinished, Interior Entry, Walk-Up Access
Subdivision Downtown
Directions Located downtown, from round a bout continue on US 27 to downtown Cynthiana. Street Parking or Side Parking lot.
Standard status Active
APN 103-1020-001-00-000
Size 15,963 SF
Lot size 0.34 Acres

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Cooling system Electric

Amenities

banquet hall
apartments

Building Details

Year built 1900
Building materials Brick, Wood Siding
Roof type Rubber, Metal
Listing Agency: Palmer-Hampton Realty
Listed By: Mary Todd Ashbrook · License #266531
Added: Jul 24 Changed: Sep 12 Last Checked: Sep 15 at 5:06PM
MLS# 26019698

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

Investment Insights

Based on property information with market context.

Located at 102 S Main Street, this restaurant property combines three connected buildings into a substantial hospitality operation with dining, event, and residential elements. The main restaurant accommodates approximately 175 guests, while the 2019 addition known as The Station provides 50 indoor seats and 50 outdoor patio seats. An upper-level banquet hall offers seating for approximately 60 guests and is currently unused. The property has operated as Biancke's Restaurant since 1894 and includes a basement, brick and wood siding construction, rubber and metal roofing, electric cooling, and electric and natural gas heating.

Two apartments occupy the second and third floors. Both were remodeled in 2020; one operates as a long-term rental and the other as an Airbnb. Public sewer serves the property. The combined commercial and residential configuration supports restaurant operations, event use, and multiple lodging or rental components within downtown Cynthiana.

Key Highlights

  • Restaurant operating since 1894 at 102 S Main Street, Cynthiana, KY 41031
  • 15,963 Square Feet on 0.34 acres
  • Three connected buildings with approximately 175 main dining seats

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

131
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Established restaurant property with connected dining, event, patio, and residential components in downtown Cynthiana.
Where is this conventional restaurant located?
The property is located at 102 S Main Street 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 operating since 1894 at 102 S Main Street, Cynthiana, KY 41031; 15,963 Square Feet on 0.34 acres; Three connected buildings with approximately 175 main dining seats
More about this property
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