531 E Main Street, Mt Sterling, KY 40353

$299,000
Property Type: Commercial Sale Square Footage: 1,960 Lot Size (sq. ft.): 10,585 Status: Active
Current Price: $299,000 List Date: 6/30/2026 Last Modified: 7/24/2026

Overview

Description

Prime commercial opportunity in the heart of downtown Mt. Sterling! Currently operating as a restaurant, this versatile property offers endless possibilities for entrepreneurs and investors alike. Whether you're looking to continue in the food industry or transform the space for retail, office, or another business venture, the groundwork is already in place. The sale includes the building along with valuable fixtures and equipment such as triple deck ovens, refrigerated prep tables, a 3-compartment sink, walk-in cooler, 60-qt mixer, ice machine, TVs, stainless steel tables, prep sinks, and hand sinks. Even better, an upstairs apartment is currently rented, providing immediate income potential. Please note: business does not convey—real estate, fixtures, and equipment only. Don't miss this rare downtown investment opportunity!

Listing Details MLS# 26015489

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2026-06-30

Address

County
Montgomery
Street Number
531
Street Direction Prefix
E
Street Name
Main
Street Suffix
Street
State
KY
Zip Code
40353
Zip +4
1238
Parcel Number
23M-80-10-002.00

Contract

Original List Price
299000
Start Showing Date
2026-06-30
Listing Contract Date
2026-06-30
Listing Agreement
Exclusive Right To Sell
Owner Name
Commercial
Office Exclusive YN
No
List Price/SqFt
152.55

Tax Legal

MLS Area Major
018 - Montgomery County
Subdivision Name
Downtown

Interior

Living Area Units
Square Feet
Building Area Total
1960
Building Area Source
Estimated
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
10

Building

Year Built
9999
Stories Total
2
Accessibility Features YN
Yes

Lot

Lot Size Acres
0.243
Lot Size Square Feet
10585.08
Lot Size Dimensions
65x150
Road Frontage Feet
65

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Prime commercial opportunity in the heart of downtown Mt. Sterling! Currently operating as a restaurant, this versatile property offers endless possibilities for entrepreneurs and investors alike. Whether you're looking to continue in the food industry or transform the space for retail, office, or another business venture, the groundwork is already in place. The sale includes the building along with valuable fixtures and equipment such as triple deck ovens, refrigerated prep tables, a 3-compartment sink, walk-in cooler, 60-qt mixer, ice machine, TVs, stainless steel tables, prep sinks, and hand sinks. Even better, an upstairs apartment is currently rented, providing immediate income potential. Please note: business does not convey—real estate, fixtures, and equipment only. Don't miss this rare downtown investment opportunity!

Building and Property Details

Furniture, Fixtures & Equipment YN
Yes
# of Men's Restrooms
Yes
# of Women's Restrooms
Yes

Tax & Legal

Tax Rate
1.225
Zoning
Other
Zoning Description
Commercial
Directions
turn onto e main st, go for about half a mile, sign says big city pizza.

Association/Community

Number Of Buildings
1

Cooling

Electric
Yes

Heating

Electric
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Metal
Yes

Sewer

Public Sewer
Yes

Business Type

Commercial
Yes
Food & Beverage
Yes
Mixed
Yes
Professional Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes
Other
Yes

Docks

None
Yes

Sale Includes

Building(s)
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Business Type: Commercial; Food & Beverage; Mixed; Professional Service; Professional/Office; Restaurant; Retail; Other Cooling: Electric Docks: None Heating: Electric Parking Features: On Site; Paved Possession: Close Of Escrow; Negotiable Roof: Metal Sale Includes: Building(s); Equipment; Fixtures; Furniture Sewer: Public Sewer Showing Requirements: Showing Service
Listing Office: Dream Maker Realty, LLC
Last Updated: July - 24 - 2026
Information deemed reliable but not guaranteed.