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Restaurant Building with Apartment
For Sale
$299,000

531 E Main Street, Mt Sterling, KY 40353

Commercial Sale, Mt Sterling, KY

Property Size1,960 SF
Lot Size0.24 Acres
Price / SF$152.55
Days on Market98

Property Features for 531 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 10
Subdivision Downtown
Directions turn onto e main st, go for about half a mile, sign says big city pizza.
Standard status Active
APN 23M-80-10-002.00
Size 1,960 SF
Lot size 0.24 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric

Building Details

Floors in Building 2
Roof type Metal
Listing Agency: Dream Maker Realty, LLC
Listed By: R Michelle Rowland · License #245482
Added: Jun 30 Changed: Oct 2 Last Checked: Oct 5 at 6:06PM
MLS# 26015489

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.

This 1,960-square-foot restaurant property includes the building, fixtures, and equipment; the operating business is excluded from the sale. Commercial improvements include 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. An upstairs apartment is currently rented, adding a separate residential component to the property.

The 0.243-acre site is located at 531 E Main Street in Mt Sterling, Kentucky. Building systems include electric heating and cooling, a metal roof, public sewer, and phone availability. The property is offered as real estate with the existing fixtures and equipment rather than as a business sale.

Key Highlights

  • 1,960‑square‑foot restaurant building with an upstairs apartment
  • Triple deck ovens, walk‑in cooler, 60‑qt mixer, and ice machine included
  • Refrigerated prep tables, stainless steel tables, prep sinks, and hand sinks

Property Analytics

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Current Use

Big City Pizza ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,344 visits/mo 0.2 miles
Marathon Shops & Services
1,813 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
520 visits/mo 0.3 miles
Dollar General Shops & Services
236 visits/mo 0.4 miles

Demographics for 40353, KY

22,358
Population
9,876
Households
2.3
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
141.3 sq mi
ZIP Area
158
Density / Sq Mi
$56,981
Median Household Income
$38,404
Median Earnings
$794
Median Rent
$179,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant property with commercial kitchen equipment, fixtures, and a rented upstairs apartment.
Where is this conventional restaurant located?
The property is located at 531 E Main Street Mt Sterling, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,960‑square‑foot restaurant building with an upstairs apartment; Triple deck ovens, walk‑in cooler, 60‑qt mixer, and ice machine included; Refrigerated prep tables, stainless steel tables, prep sinks, and hand sinks
More about this property
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