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Restaurant Building with Rented Apartment
For Sale
$299,000

531 E Main Street, Mt Sterling, KY 40353

COMMERCIAL - Mt Sterling, KY

Property Size1,960 SF
Lot Size0.24 Acres
Price / SF$152.55
Days on Market53

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-Noble · License #245482
Added: Jun 30 Changed: Aug 4 Last Checked: Aug 21 at 12:06AM
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 restaurant building is currently operating as a food service business and includes valuable fixtures and equipment. The sale includes items such as triple deck ovens, refrigerated prep tables, a 3-compartment sink, a walk-in cooler, a 60-qt mixer, an ice machine, TVs, and stainless steel tables, along with additional prep and hand sinks.

An upstairs apartment is currently rented, providing ongoing residential income as part of the property. The listing notes that the business does not convey; fixtures and equipment are included with the real estate.

Located at 531 E Main Street in Mt. Sterling, this property offers an established restaurant layout combined with an additional rental unit.

Key Highlights

  • Currently operating as a restaurant in downtown Mt. Sterling, offering a commercial space for continued food use or alternative business use
  • Includes valuable restaurant fixtures and equipment: triple deck ovens, refrigerated prep tables, 3‑compartment sink, walk‑in cooler, 60‑qt mixer, and ice machine
  • Additional included items: TVs, stainless steel tables, prep sinks, and hand sinks

Property Analytics

Current Use

Big City Pizza ... Restaurant

Suggested Use

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

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building for sale with included kitchen equipment 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: Currently operating as a restaurant in downtown Mt. Sterling, offering a commercial space for continued food use or alternative business use; Includes valuable restaurant fixtures and equipment: triple deck ovens, refrigerated prep tables, 3‑compartment sink, walk‑in cooler, 60‑qt mixer, and ice machine; Additional included items: TVs, stainless steel tables, prep sinks, and hand sinks
More about this property
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