Address
309-311 West Mt. Vernon Street Somerset, KY
Price
$ 480,000
Property Attributes
  • MLS#20121538
  • TypeCommercial
  • CountyPULASKI
  • CitySomerset
  • Area045 - Pulaski County
  • Zip42501
  • StyleRecreation,Restaurant,Retail
  • Price$ 480,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12960
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
Realty World Dowell & Associates
Data Source:
Lexington Bluegrass MLS (LBAR) - 88 - KY
Property Description

Don't miss your chance to own one of the hottest business locations in downtown Somerset! This 12,960 sq. ft. property on about 1.3 acres is being offered at a fraction of the price-per-square-foot of recently sold south central Kentucky area restaurant/bar properties. The perfect space for a restaurant/bar, the property comes with several restaurant furnishings. Or renovate the space into professional offices, a retail showroom, or upscale venue/meeting space. The large enclosed patio is the perfect spot for live entertainment, adding room for dozens more seats for patrons, or could be used as an outdoor display space. The inviting lawn area out back provides room for a variety of uses. There is ample parking in front and a large parking lot in back. A convenient loading dock is in the center of the building, near the kitchen. A separate outbuilding provides extra storage space. The property includes an additional retail space that is currently leased as a barber shop, and there's a three-bedroom apartment up the outdoor stairway. Additional outdoor storage is available under the stairs. As shown by the price, this owner is highly motivated to sell. Call today to schedule a tour.

Price History
10/5/2021 Listed $480,000

General Features

Area 045 - Pulaski County
Business Type Recreation, Restaurant, Retail
City Somerset
Construction Materials Block, Brick
County Pulaski
Directions From Hwy. 80 and 27, turn onto Hwy 80 East to Hwy. 1247 (Main Street). Take a right and drive to Fountain Square in downtown. Turn right onto West Mt. Vernon Street
Geo Lat 37.091613
Geo Lon -84.608589
Listing Member Name Charlotte Ikerd
Listingofficephone (606) 219-4845
Parking 21 - 35 Spaces, On Site, Paved
Possession Close of Escrow, Subject to Tenant Rights
Property Type C
Roof Flat, Shingle, Tar/Gravel
Sale/lease Includes Buildings, Easements, Equipment, Fixtures, Furniture, Land, Leases
Sewer Public Sewer
Sprinklers None
Status Active
Street Name Mt. Vernon
Subdivision Commercial
Tax Rate Not Provided
Tenant Pays Electricity, Gas, Insurance, Interior Maintenance, Sewer, Trash Removal, Water
Water Water Connected
Year Built 9999

Interior Features

Ceiling Drywall
Floor Type Concrete
Miscellaneous Features Air Conditioning
Stories Two
Utilities: Natural Gas Natural Gas Connected

Exterior Features

Docks 1 - 3 Docks
Lot Size Acres 1.3000
Lot Size Square Feet 56628.00
Mls Identifier 20180201170722572567000000
Sewer Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 42501

Price
AVG $510K
$480K
Visits
AVG 38
23
Walkscore
AVG 40
34
Data Provided by Walkscore ® not using MLS data

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