119 Kit Cowan Somerset, KY 42501

$425,000
119 Kit Cowan, Somerset, KY 42501
1825327

Commercial Property for sale in Somerset, KY

for $425,000. This building was built in 1999.

Property Information

  • $425,000
  • Commercial
  • 0 Square Feet
  • Mixed Use
  • Active
  • Built in 1999
  • Somerset, KY
  • Pulaski County
  • MLS/Web ID is 1825327
  • 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 1

Cooling System

  • Air Conditioning

Exterior 3

Parking

  • 1-20 Parking Spaces
  • Parking
  • Paved

Roof

  • Metal

Siding

  • Aluminum

Miscellaneous 3

Acceptable Finance

  • Conventional

Occupied

  • Tenant

Utilities

  • Phone
  • Water

Rental 1

Lease Terms

  • Includes Buildings
  • Includes Fixtures
  • Includes land

† Excluded Feature

Listed By

Broker: REALTY WORLD DOWELL & ASSOCIATES

119 Kit Cowan , Somerset, KY, 42501 is a Commercial Property for sale at $425,000 with 0 sqft. 119 Kit Cowan has 0.0 baths and was built in 1999. 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 $295,847 30 % below $198,000 53 % below
Commerical listings in Somerset $601,404 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

Similar Listings

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or Call us at 1-800-839-1363