2 Main St Mount Sterling, OH 43143-1141
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.