119 Kit Cowan Road Somerset, KY 42501

$425,000
119 Kit Cowan Road, Somerset, KY 42501
32703

Commercial Property for sale in Somerset, KY

for $425,000. The lot size is 0.56 Acre(s).

Property Information

  • $425,000
  • Commercial
  • Retail
  • Active
  • Lot size of 0.56 Acre(s)
  • Somerset, KY
  • Pulaski County
  • MLS/Web ID is 32703
  • Just Listed

Description

FIRST TIME EVER ON THE MARKET! Located just off Hwy. 27 this proven money maker has a combination of both residential and commercial space. There are 4 residential units, most of which have long term tenants. In addition, there are two retail units that could easily be converted into three. The retail store has a proven sales success producing more than a million dollars in sales in recent years (Business is not included in sale). There is also a large basement that is perfect for storage or could easily and inexpensively be turned into more residential space. Property alone in this area can run more than the list price of this property with its nearly 5, 000 square foot building. To build a similar building in a location like this in this area could run hundreds of thousands more! This is a once in a lifetime opportunity!

Interior 3

Cooling System

  • Air Conditioning

Heating Source

  • Hot Water Heater

Sewer

  • Sewer

Exterior 3

Construction

  • Metal

Parking

  • 1-20 Parking Spaces

Roof

  • Metal

Miscellaneous 2

Commercial

  • Sale Includes Building
  • Sale Includes Fixture/Equip

Utilities

  • Electric
  • Phone
  • Water

† Excluded Feature

Listed By

Listing Agent: Steven R Dowell
Broker: REALTY WORLD DOWELL & ASSOCIATES

119 Kit Cowan Road, Somerset, KY, 42501 is a Commercial Property for sale at $425,000 with a lot size of 0.56 Acre(s). The property's zip code is 42501 which is in Somerset, KY

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Market Pricing

Average % of sale price Median % of sale price
All listings in Somerset $297,305 30 % below $195,250 54 % below
Commerical listings in Somerset $601,702 42 % above $375,000 12 % below

Get the facts about Somerset, KY!

Population 11,513
Population Growth (since 2000) 2 %
Median Income $31,699
Median Age 40.76
Households w/ Children 25 %

Residential Dwellings

  • Owned 2719
  • Vacant 633
  • Rented 2255

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363