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    38 East Mt. Vernon St Somerset, KY 42501

    For Sale
    $849,000

    COMMERCIAL - Somerset, KY

    Property size:
    5,000 SF
    Days on Market:
    33
    Last Refresh:
    Dec 7 at 10:06 pm

    Property Features for 38 East Mt. Vernon St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security System
    Zoning
    R-1C
    APN
    061-7-1-03
    Size
    5,000 SF

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Heat Pump (Heating), Zoned
    Cooling system
    Ceiling Fan(s), Multi Units, Heat Pump, Gas (Cooling)

    Building Details

    Year built
    1920
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Rubber

    CENTURY 21 Advantage Realty, A Robinson Co 4511021

    Listing agent Kathy Price Sears (606) 451-1021

    Listing date Nov 5, 2025

    Copyright © 2025 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Building in Downtown

    This 5,000 sq. ft. commercial building, completely renovated in 2023 with upscale finishes, is located in the heart of downtown. The property offers excellent income potential and high visibility with steady downtown foot traffic. Currently home to two established businesses, the building is a standout investment in a thriving area known for good restaurants and various other entertainment. Somerset is recognized as the Car Show capital of the world, hosting monthly car shows. The property is located in Somerset, KY, with zoning designation R-1C.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.604419
    Latitude
    37.092684

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    FAQs

    What type of property is this?
    Storefront property - 5,000 sq ft commercial building in downtown Somerset, KY.
    Where is this storefront property located?
    The property is located at 38 East Mt. Vernon St Somerset, KY.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - **Completely renovated in 2023 with upscale finishes.**; - 5,000 sq. ft. commercial building in the heart of downtown.; - Excellent income potential with two established businesses.
    (606) 451-1021
    Request Owner's contact information
    38 East Mt. Vernon St Somerset, KY 42501
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    Somerset, KY 42501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 East Mt. Vernon St Somerset, KY 42501
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