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Property profile & analytics
OFF-MARKET
Turn key restaurants

2 Main St Mount Sterling, OH 43143-1141

3,150 SF 0.04 ac lot Built 1920
Individually Owned 16-yr Hold ~ Est. High Equity
Property ID
US66-0806442
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 3,150 SF
Lot 0.04 ac (1,680 SF)
APN 18-00226.000
UPID US66-0806442
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rapp's Building Supply Hardware & Home Improvement
  • UPS Authorized Shipping Provider Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jeffrey Daniels · 16 yrs held
Jeffrey Daniels
since 2010
1 recorded transaction
2010
$25,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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