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Retail Suite Under Reconstruction
For Lease
$3,520/Mo

81 Mall Road, Somerset, KY 42501

Commercial Lease, Somerset, KY

Space Size2,640 SF
Lot Size1.00 Acre
Days on Market62

Property Features for 81 Mall Road

General Information

Property type Commercial Lease
Property subtype Other
Parking features Open
Subdivision Commercial
Directions S Hwy 27 behind McDonalds south by the mall
Standard status Active
APN 11111
Size 2,640 SF
Lot size 1.00 Acre

Utilities

Heating system Electric (Heating)

Building Details

Year built 1970
Floors in Building 1
Listing Agency: Eagle Realty & Development LLC
Listed By: Linda Skaarup · License #204046
Added: Jul 9 Changed: Sep 4 Last Checked: Sep 8 at 7:06AM
MLS# 26017091

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Investment Insights

Based on property information with market context.

Suite 2 offers 2,640 square feet of retail space within a building undergoing reconstruction after tornado damage in 2025. The work is intended to restore the premises for incoming tenants, with electric heating and open parking identified among the property features.

The property occupies 1 acre at 81 Mall Road in Somerset, Kentucky. Its setting is between Somerset Mall and McDonald’s, with visibility from US 27 and convenient access to the highway. The suite provides a defined storefront opportunity within a larger commercial property, with the current improvements being rebuilt for future occupancy.

Key Highlights

  • 2,640 sq ft retail suite
  • Building reconstruction follows tornado damage from 2025
  • Visibility from US 27 with convenient highway access

Property Analytics

Current Use

Sassy Scissors Hair Salon OneMain Financial Loan Service Jack's Barbershop Barber Shop Mattress Overstock - Somerset Furniture & Home Goods Jack's Barber Shop Barber Shop

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby
159k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Shops & Services 23% Home Improvements & Furnishings 12% Groceries 12%
Tractor Supply Co. Home Improvements & Furnishings
19,839 visits/mo 0.5 miles
Aldi Groceries
19,765 visits/mo 0.3 miles
JCPenney Apparel
19,705 visits/mo 0.2 miles
Speedway Shops & Services
15,522 visits/mo 0.2 miles
Wings & Rings Dining
12,422 visits/mo 0.2 miles

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value

Market

Lease Benchmarks for Somerset, KY

$18.24 /SF/Yr
Avg Asking Price
$3.3–$21.6 /SF/Yr
Price Range
3,746 SF
Avg Space Size

This space is priced 12% below the average of $18.24 /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 space with open parking and visibility from US 27.
Where is this retail space located?
The property is located at 81 Mall Road Somerset, KY.
What is the lease rate?
The lease rate is $4,650/Mo.
What are key features of this property?
This property features: 2,640 sq ft retail suite; Building reconstruction follows tornado damage from 2025; Visibility from US 27 with convenient highway access
More about this property
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