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Retail Space with Highway Frontage
For Lease
$5,500/Mo

1340 S Highway 27, Somerset, KY 42503

Commercial Lease, Somerset, KY

Space SizeContact for details
Lot Size2.00 Acres
Days on Market82

Property Features for 1340 S Highway 27

General Information

Property type Commercial Lease
Property subtype Other
Zoning description b2
Parking 50
Subdivision Commercial
Directions intersection of Hwy 27 and Oak Hill Rd
Standard status Active
APN 061-6-1-10
Size 20,000 SF
Lot size 2.00 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric, Central Air

Building Details

Year built 1979
Floors in Building 2
Listing Agency: Team Gumm Realty
Listed By: Kenny Gumm
Added: Jun 26 Changed: Sep 12 Last Checked: Sep 15 at 10:06PM
MLS# 26015052

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Retail space available for lease at 1340 S Highway 27 in Somerset, Kentucky. The property occupies a 2-acre site and was built in 1979, providing an established commercial setting for retail use.

Building systems include central air conditioning, electric cooling, and natural gas heating. Public sewer serves the property, while water, sewer, and trash are included. The site is positioned along S Highway 27 in Pulaski County, with access from a recognized highway corridor and a Somerset 42503 address.

Key Highlights

  • 2‑acre retail property at 1340 S Highway 27, Somerset, KY 42503
  • Water, sewer, and trash included
  • Central air and electric cooling

Property Analytics

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Current Use

Lucky 7 Smoke ... (Bike/Boat/Book/etc) Store Mathis Insurance Agency, ... Insurance Agency Audio One, My ... Electronics & Wireless Store The Cell Site Electronic ... Electronics & Wireless Store Audio One, Somerset, ... Electronics & Wireless Store

Suggested Use

Top Pick Law Firm Electrical Service Big Box & Wholesale Store Garden Center Building Supply Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 29% Electronics 5% Beauty & Spa 4%
White Castle Dining
12,819 visits/mo 0.5 miles
Circle K Shops & Services
12,292 visits/mo 0.3 miles
Little Caesars Pizza Dining
10,728 visits/mo 0.2 miles
SONIC Drive In Dining
9,430 visits/mo 0.1 miles
Penn Station East Coast Subs Dining
7,821 visits/mo 0.5 miles

Demographics for 42503, KY

24,670
Population
11,588
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
85%
High-School Grad
129.5 sq mi
ZIP Area
191
Density / Sq Mi
$53,377
Median Household Income
$35,319
Median Earnings
$873
Median Rent
$198,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Somerset, KY

$17.8 /SF/Yr
Avg Asking Price
$3.3–$24.82 /SF/Yr
Price Range
4,756 SF
Avg Space Size

This space is priced 81% below the average of $17.8 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail leasing opportunity with central air, electric cooling, and natural gas heat.
Where is this retail space located?
The property is located at 1340 S Highway 27 Somerset, KY.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 2‑acre retail property at 1340 S Highway 27, Somerset, KY 42503; Water, sewer, and trash included; Central air and electric cooling
More about this property
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