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$ 540,000
Active
4-12 Court Street Mt Sterling, KY 40353
4,196 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,196 sqft
Price per Sqft $128
Subdivision Downtown
MLS Listing ID 26007865
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Property Description
This well-maintained collection of mixed-use properties in the heart of downtown Mt. Sterling offers an excellent opportunity for investors seeking steady income and long-term growth. Together, these buildings feature a mix of commercial and residential spaces, a strong rental history, and plenty of potential for future expansion. 4-8 Court Street: The main level includes two established commercial tenants, offering consistent occupancy and stability. Upstairs, you'll find two 1-bedroom, 1-bath apartments (Units 6A & 6B) that were updated in 2022. Both feature modern finishes, efficient layouts, and comfortable living spaces that rent easily. A spiral staircase connects Unit 6B to the office below (Unit 8) and could easily be reopened, providing flexible space use and additional configuration potential. With its ideal blend of commercial and residential units, this property delivers reliable performance and excellent long-term value in a thriving downtown location. Just steps away, 10-12 Court St, this property adds even more income-producing potential to the portfolio. The main level is leased through December 2026, offering dependable, long-term income. The upstairs space includes a full kitchen and full bath, making it well-suited for residential conversion or office expansion, while the main level features a half bath for tenant and client use. With its prime visibility, stable tenancy, and untapped potential upstairs, this building provides both immediate returns and room to grow.
Location
State KY
County Montgomery
Zoning Other
Exterior
View Y/N N
Handicap Access No
Private Pool No
Listed by The Agency
NEARBY SCHOOLS & PROPERTIES
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