$779,900
( $155.98Per Sq Foot )
 $4,187 est/mo Sourced by Back At You

38 Public Square,Somerset, KY 42501

Somerset, KY 42501

Share:

Description

Be part of the growing downtown community with this exceptional commercial opportunity! Own a piece of historylate 1800's building, fully renovated to combine timeless character with modern functionality. This impressive 5,000 sq ft, two-story property sits directly on the square in the center of town, offering outstanding visibility with hundreds of cars passing by daily. A prime location for tourism traffic and annual city festivals, this property is perfectly positioned for success. No detail has been overlooked in the renovation: - New HVAC throughout - New electric and lighting - New plumbing - New roof - New flooring on both levels, featuring upscale hardwood upstairs - Elevator lift installed for accessibility - New exterior paint - ADA-compliant restrooms. Designed with versatility in mind, the building includes two separate entrances, making it ideal for a dual business concept, mixed-use development, or multiple tenants. The second level features a full kitchenette equipped with a 3-compartment sink and grease trap, opening the door for food service, events, or additional revenue streams. Whether you're an investor, entrepreneur, or visionary business owner, this property offers the perfect blend of historic charm, modern upgrades, and unbeatable downtown location. PLEASE NOTE: Some photos have been digitally decluttered to accurately reflect the space. Wall decor and furniture has been removed since professional photos were taken.

Details

MLS #25505433
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1920
Days On Site40
Listing Provided ByCENTURY 21 Advantage Realty | Kathy Price Sears

Features

SQ Feet5,000
Building(s)1
ZoningR-1C

Interior

CoolingCeiling Fan(s), Gas, Heat Pump, Multi Units
HeatingHeat Pump, Natural Gas, Zoned
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofRubber
Security FeaturesSecurity System Leased
Construction MaterialsBrick

Parking

Attached Garage Yes / NoNo
Parking FeaturesPaved, Other

Utilities

UtilitiesCable Connected, Electricity Available, Phone Connected, Propane Connected, Sewer Connected, Water Available
SewerPublic Sewer
Electric200+ Amp Service

Area Information

StateKY
CountyPulaski
CitySomerset
Zip Code42501
Area909 Somerset City | Pulaski County
SubareaSomerset City | Pulaski County
Community NameSomerset City
Listing VS Median (in Somerset City)
Price:
$779,900
low | high
Med:
$196,450
100% of Average
sqft:
5,000
low | high
Med:
1,115
100% of Average
$ / sqft:
$156
low | high
Med:
$181
34.096824357983% of Average
On site:
40
low | high
Med:
104.5
38.277511961722% of Average
Sourced by Back At You

Market Activity 42501

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Elite Realty at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Imagine MLS.

Contact

Learn More About This Property

StateKY
CountyPulaski
CitySomerset
Zip Code42501
Area909 Somerset City | Pulaski County
SubareaSomerset City | Pulaski County
Community NameSomerset City
Listing VS Median (in Somerset City)
Price:
$779,900
low | high
Med:
$196,450
100% of Average
sqft:
5,000
low | high
Med:
1,115
100% of Average
$ / sqft:
$156
low | high
Med:
$181
34.096824357983% of Average
On site:
40
low | high
Med:
104.5
38.277511961722% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $584K - $974K
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
301 W Columbia Street Property Photo 1
$375,000
301 W Columbia Street
Somerset, KY 42501
Listing Updated: August 14, 2026 at 12:40:33 PM PDT