Corp Surplus - Former Restaurant at Maysville Market Square Maysville, KY

Property Location MAP

408 Market Square Drive
Maysville, KY 41056

Property #: KEY5162D

Contact Agent

Edward Durnil
Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com
Sited on an outparcel of Maysville Market Square, this +/- 6,036 square foot former franchise restaurant offers a large flexible space to support local consumers. All use permits are subject to municipal zoning approval. Features include:
  • Traffic Counts:
    - US Hwy 68: +/- 14,000 VPD
    - Tucker Drive: +/- 4,000 VPD
  • The property sits on a combined total of ±1.36 acres, with 78 standard parking spaces and 4 designated handicap spots. The parcel offers excellent road visibility and accessibility.
  • Positioned on a corner outparcel  at the shopping center’s main entrance.
  • Maysville Market Square also includes Kroger Market Place, Dunham’s Sports, Shoe Sensation, AT&T, Ross Dress Barn, GNC, Burger King, Taco Bell, and Fazolis plus an adjacent Hampton Inn and Tractor Supply.
  • Corporate Liquidation of multiple locations across Ohio and Kentucky – Check www.tranzon.com for more information on comparable properties in the region.
  • The subject has a well-designed layout with a broad range of commercial kitchen equipment, including ovens, flyers, flat top grills/ presses, stainless steel prep stations, fountain drink dispensary, a high-pressure cleaning station, grease transfer systems, and full ventilation cooking stations.
  • The property also features one large freezer that runs the length of the cooking stations with four reaches through doors allowing for easy access to produce.
  • Currently zoned B-2 under the City of Maysville Planning and Zoning regulations. This zone allows a wide range of uses, including hotels, Automotive Repairs/ Maintenance Shops, Car Washes, Pharmacies, Liquor stores, Restaurants, Retail stores, and medical/ dental offices. Uses are also governed by shopping center Covenants and Restrictions, found in PIP.
  • Free and Clear Title – Not Back Taxes – Title Insurance Available on All Sales
 
Parcel ID: 050-00-00-008.03
2025 Mason County Taxable Value: $1,207,200
2025 Annual Taxes: $14,238.07
 
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Tranzon Asset Advisors, Edward D. Durnil, KY Auctioneer/Broker #P1734

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Edward Durnil

Edward Durnil: Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: Closing to take place on or before March 25, 2026, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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