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    Property profile & analytics

    2 Main St Mount Sterling, OH 43143-1141

    • Turn key restaurants
    • 3,150 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-0806442
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rapp's / Paint Store / Plumbing Supply Store
    • UPS Authorized Shipping Provider / Shipping And Mailing Service / Mailing Service

    Property Details for 2 Main St

    Year built
    1920
    Lot size
    0.04 lot acres
    Property size
    3,150 SF
    Property type
    Turn key restaurants
    APN
    18-00226.000
    APU
    1800226000

    Description

    This exceptional investment opportunity presents a 3,151 square foot special purpose property located at 2 E Main Street, Mount Sterling, Ohio, 43143. Built in 1920, the property sits on a 1,742.4 square foot lot and boasts a highly visible corner location. Currently configured as a restaurant with a fully equipped kitchen and ample seating, the main floor offers versatile space adaptable to various commercial uses, including retail or office space. A well-appointed two-bedroom, one-bathroom apartment occupies the upper level, providing potential for owner occupancy or rental income. The asking price is $199,800, translating to $63.41 per square foot. This dual-purpose property offers significant potential for entrepreneurs and investors seeking a thriving location in Mount Sterling's active market. The property's central location ensures high visibility and accessibility, making it an ideal choice for a variety of commercial ventures. Don't miss this chance to acquire a well-positioned commercial property with significant upside.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Sterling
    County
    Madison
    State
    Ohio
    Longitude
    -83.266
    Latitude
    39.7202
    CBSA code
    18140
    CBSA name
    COLUMBUS, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $828
    $2,000
    $10,150
    $12,150
    -
    $5,700
    $29,000
    $34,700

    Comparable in this City

    • Value Estimation by Request
      0.07 Acres

      26 London St

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      5,246 SF

      36 London St

      RESTAURANT • 5,246 SF
      36 London St, Mount Sterling, OH 43143-1133
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      630 SF

      36 London St

      RESTAURANT • 630 SF
      36 London St, Mount Sterling, OH 43143-1133
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      $205,000
      3,178 SF

      13665 Era Rd

      RESTAURANT • 3,178 SF
      13665 Era Rd, Mount Sterling, OH 43143-9045
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    • Value Estimation by Request
      0.02 Acres

      28 London St

      RESTAURANT • 0.02 Acres
      28 London St, Mount Sterling, OH 43143-1133
      View Details
    • Value Estimation
      $90,000
      3,832 SF

      33 London St

      RESTAURANT • 3,832 SF
      33 London St, Mount Sterling, OH 43143
      View Details

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    2 Main St
    Mount Sterling, OH 43143-1141
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    Realmo Value Estimation

    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.

    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.

    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
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