4-8 Court St, Mt Sterling, KY 40353

$275,500
Property Type: Commercial Sale Square Footage: 2,040 Lot Size (sq. ft.): 1,307 Status: Active
Current Price: $275,500 List Date: 4/14/2026 Last Modified: 4/14/2026

Overview

Description

This well-maintained mixed-use property in the heart of downtown Mt. Sterling presents an excellent opportunity for investors seeking steady rental income and long-term growth. The main level features two established commercial tenants. Upstairs, you'll find two 1-bedroom, 1-bath apartments (Units 6A & 6B) that rent easily and were updated in 2022. Both units feature modern finishes and efficient layouts, offering comfortable and attractive living spaces for tenants. A spiral staircase connects Unit 6B to the office below (Unit 8) and could easily be reopened, providing flexible space use and additional potential for future configurations. With its ideal mix of commercial and residential spaces, strong rental history, and prime downtown location, this property is a turnkey investment and an exceptional addition to any real estate portfolio.

Listing Details MLS# 26007861

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2026-04-14

Address

County
Montgomery
Street Number
4-8
Street Name
Court St
State
KY
Zip Code
40353
Parcel Number
23M-60-15-003.00

Contract

Original List Price
275500
Start Showing Date
2026-04-14
Listing Contract Date
2026-04-14
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/SqFt
135.05

Tax Legal

MLS Area Major
018 - Montgomery County
Subdivision Name
Downtown

Interior

Living Area Units
Square Feet
Building Area Total
2040
Building Area Source
Public Records
Building Area Units
Square Feet

More Information

Building

Year Built
9999
Stories Total
2
Accessibility Features YN
No
Leasable Area
2040

Lot

Lot Size Acres
0.03
Lot Size Square Feet
1306.8

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Water Available
Yes

Remarks

Public Remarks
This well-maintained mixed-use property in the heart of downtown Mt. Sterling presents an excellent opportunity for investors seeking steady rental income and long-term growth. The main level features two established commercial tenants. Upstairs, you'll find two 1-bedroom, 1-bath apartments (Units 6A & 6B) that rent easily and were updated in 2022. Both units feature modern finishes and efficient layouts, offering comfortable and attractive living spaces for tenants. A spiral staircase connects Unit 6B to the office below (Unit 8) and could easily be reopened, providing flexible space use and additional potential for future configurations. With its ideal mix of commercial and residential spaces, strong rental history, and prime downtown location, this property is a turnkey investment and an exceptional addition to any real estate portfolio.

Building and Property Details

Building Expansion Potential YN
No
Retail SqFt
1020

Showing Information

Showing Instructions
Combo front door 1362

Tax & Legal

Tax Rate
11.99
Zoning
Other
Zoning Description
B-3
Directions
Starting from the Montgomery County Courthouse Annex located at 44 W Main Street in Mt. Sterling, head east on West Main Street toward Broadway Street for approximately 115 feet. Turn left onto North

Association/Community

Number Of Buildings
1

Construction Materials

Stone
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Heating

Electric
Yes
Heat Pump
Yes

Parking Features

On Site
Yes
Open
Yes

Possession

Negotiable
Yes
See Remarks
Yes

Roof

Rubber
Yes

Business Type

Mixed
Yes
Professional/Office
Yes

Sale Includes

Leases
Yes
Other
Yes

Tenant Pays

Electricity
Yes

Showing Requirements

Restricted Hours
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Connected; Water Available; Electricity Connected; Water Available Business Type: Mixed; Professional/Office Construction Materials: Stone Cooling: Electric; Heat Pump Heating: Electric; Heat Pump Parking Features: On Site; Open Possession: Negotiable; See Remarks Roof: Rubber Sale Includes: Leases; Other Tenant Pays: Electricity Showing Requirements: Restricted Hours; Showing Service
Listing Office: The Agency
Last Updated: April - 14 - 2026
Information deemed reliable but not guaranteed.