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600 N Main Street, Somerset, KY, 42501
Commercial Building with Finished Basement

600 N Main Street Somerset, KY 42501

For Sale
$699,900

COMMERCIAL - Somerset, KY

Property Size2,784 SF
Lot Size1.03 Acres
Price / SF$251.40
Days on Market253

Property Features for 600 N Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B-2
Standard status Active
APN 060-6-6-11
Size 2,784 SF
Lot size 1.03 Acres

Building Details

Year built 1970
Floors in Building 1
Listing Agency: Keller Williams Bluegrass Realty - Lake Cumberland
Listed By: Millie King Weaver · License #208856
Added: Nov 17, 2025 Changed: Jul 10 Last Checked: Jul 28 at 11:06AM
MLS# 25506457

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.

For sale commercial building at 600 N Main Street, Somerset, KY 42501, offering a versatile space with a finished basement for added usable square footage. The property is presented with the ability to support a range of commercial uses, and includes an extra adjacent lot intended to support parking and potential expansion.

The building is located on Main Street with proximity to E Hwy 80, positioned for visibility and customer access from a high-traffic corridor.

Zoned B-2, the offering includes a total lot size of 1.03 acres, with an additional lot described as approximately 0.50 acres adjacent to the building. Ample parking options are supported by the included lot, providing practical access for customers and employees.

Key Highlights

  • Prime location on Main Street with high visibility and traffic.
  • Additional .50‑acre lot included for expansion or parking.
  • Versatile commercial space suitable for retail, office, restaurant, or other uses.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $47.8k $17.16
− Vacancy −$2.4k −$0.88
EGI $45.3k $16.28
− OpEx −$13.6k −$4.89
NOI $31.7k $11.40
2,784 SF · lease $17.16/SF/yr · vacancy 5.10% · expense 30.00%

Alternative Uses

Best Use
Retail
$453.4K
$396.7K – $528.9K (±1% cap)
NOI $31,736 @ 7.0% cap · market cap 4.53%
Second Best
Office B
$351.7K
$307.8K – $410.4K (±1% cap)
NOI $24,622 @ 7.0% cap · market cap 3.52%
Theoretical Best
Specialty Retail
$474.3K
$415.0K – $553.4K (±1% cap)
NOI $33,201 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Basil Dental Laboratory Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Catering Service HVAC Service Bakery Travel Agency

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Retail space - B-2 zoned commercial building with a finished basement and an adjacent lot for parking or expansion in Somerset.
Where is this retail space located?
The property is located at 600 N Main Street Somerset, KY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Prime location on Main Street with **high visibility and traffic**.; Additional .50‑acre lot included for expansion or parking.; Versatile commercial space suitable for retail, office, restaurant, or other uses.
More about this property
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