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Highway Storefront Space
For Lease
$2,500/Mo

1340 S Highway 27, Somerset, KY 42503

Commercial Lease, Somerset, KY

Space SizeContact for details
Lot Size2.00 Acres
Days on Market48

Property Features for 1340 S Highway 27

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-1
Zoning description b2
Parking 50
Subdivision Commercial
Directions across from Sonic directly on hwy 27 Oak Hill Plaza
Standard status Active
APN 061-6-1-10C
Size 1,850 SF
Lot size 2.00 Acres

Utilities

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

Building Details

Year built 1979
Floors in Building 1
Listing Agency: Team Gumm Realty
Listed By: Kenny Gumm
Added: Jul 30 Changed: Sep 12 Last Checked: Sep 15 at 2:06PM
MLS# 26020411

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.

This 1,850-square-foot storefront property is positioned on a 2-acre parcel at 1340 S Highway 27 in Somerset. Built in 1979, the building offers central air conditioning, electric cooling, and natural gas heating for year-round interior comfort.

The property is served by public sewer, and all utilities are included. B-1 zoning supports its commercial storefront classification, while the Highway 27 address provides direct roadside positioning within Somerset, Kentucky.

Key Highlights

  • 1,850‑square‑foot storefront building on a 2‑acre parcel
  • B‑1 zoning
  • All utilities included

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
Utilities to site
NNN (Triple Net)
Lease Type
$2.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby
89k
Monthly Visits Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Lease Benchmarks for Somerset, KY

$18.65 /SF/Yr
Avg Asking Price
$3.3–$24.82 /SF/Yr
Price Range
3,405 SF
Avg Space Size

This space is priced 13% below the average of $18.65 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - B-1-zoned storefront with included utilities and central air conditioning.
Where is this storefront property located?
The property is located at 1340 S Highway 27 Somerset, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,850‑square‑foot storefront building on a 2‑acre parcel; B‑1 zoning; All utilities included
More about this property
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