125 Queen StMount Sterling, KY 40353
- Commercial real estate
- 0.19 AC
Property Details for 125 Queen St
- Lot size
- 0.19 AC
- Property type
- Commercial real estate
- APN
- 23M-50-17-032.00
- APU
- 23M501703200
Description
This exceptional mixed-use property in Mount Sterling, Kentucky, presents a compelling investment opportunity. Located at 125 S Queen St, 40353, this 3,000 square foot building sits on a spacious 1.5-acre lot, providing abundant parking and potential for expansion. The property is categorized as Traditional Office and offers a blend of office and warehouse space, making it ideal for a variety of businesses. The asking price is $295,000, translating to a price per square foot of $98.33. The building's versatility is further enhanced by its suitability for owner-user occupancy. The large lot offers significant advantages, particularly during events like Mount Sterling's October Court Day Festival, providing ample space for vendors and parking. This property represents a unique chance to acquire a well-situated, adaptable commercial space with significant upside potential in a thriving Kentucky community. The property consists of one building and is classified as Mixed Use, Office, and Self Storage. The substantial lot size and strategic location make this an attractive investment for both business owners and investors seeking a strong return.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,625,265
- Hospitality
- $1,488,734
- Educational
- $1,238,610
- Medical
- $1,281,207
- Retail
- $1,926,726
Location Insight
- City
- Mount Sterling
- County
- Montgomery
- State
- Kentucky
- Latitude
- 38.06
- Longitude
- -83.9397
- CBSA code
- 34460
- CBSA name
- MOUNT STERLING, KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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