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    Commercial Building Investment Opportunity Title is generated by Realmo AI

    162 E Somerset Church Road, Somerset, KY 42503

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    Claim this Listing
    For Sale
    $409,900

    COMMERCIAL - Somerset, KY

    Type:Office
    Property size:
    2,960 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $138/SF
    Added:
    Sep 4, 2025
    Days on Market:
    299
    Last Refresh:
    Jun 29 at 9:06 am

    Property Features for 162 E Somerset Church Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    060-9-1-55.1
    Size
    2,960 SF
    Lot size
    0.60 Acres

    Building Details

    Year built
    2000
    Floors in Building
    1

    We can help!

    Contact an agent
    Cassandra Akin

    Listing agent Cassandra Akin License #273503

    Listing office Weichert Realtors Ford Brothers, Inc. 1406 South Highway 27, Suite A Weichert Realtor Ford Brothers, Somerset, KY

    Listing date Sep 4, 2025

    MLS# 25500401

    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.

    HighLights

    • Priced below recent appraisal.
    • Income‑producing property with a strong tenant in place.
    • Triple net (NNN) lease provides immediate return and minimal owner responsibility.
    • Convenient location just off Highway 39 with great visibility and accessibility.
    • Ample parking available.
    • Well‑maintained building built in 2000.

    Overview

    This commercial building presents an investment opportunity with a strong tenant currently in place. Leased under a triple net (NNN) lease with two years remaining, the property offers immediate return. The building features ample parking and is situated in a convenient location just off Highway 39, providing visibility and accessibility. The property size is 2960 square feet and the lot size is 0.6 acres. Located in Somerset, Pulaski County, Kentucky, this well-maintained property is suitable for those looking to expand or begin their commercial real estate investment portfolio.

    Local Financial Insights For Office B

    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 $40.5k $13.68
    − Vacancy −$5.6k −$1.89
    EGI $34.9k $11.79
    − OpEx −$8.7k −$2.95
    NOI $26.2k $8.84
    2,960 SF · lease $13.68/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $374.0K
    $327.2K – $436.3K (±1% cap)
    NOI $26,179 @ 7.0% cap · market cap 6.39%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $504.3K
    $441.3K – $588.3K (±1% cap)
    NOI $35,300 @ 7.0% cap · market cap 8.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Central Kentucky Office ... Furniture & Home Goods Luxe Spa Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Pulaski
    State
    Kentucky
    Longitude
    -84.598609
    Latitude
    37.107545

    FAQs

    What type of property is this?
    Office building - Income-producing property with a strong tenant in place.
    Where is this office building located?
    The property is located at 162 E Somerset Church Road Somerset, KY.
    What is the asking price?
    The asking price for this property is $409,900.
    What are key features of this property?
    This property features: Priced below recent appraisal.; Income‑producing property with a strong tenant in place.; Triple net (NNN) lease provides immediate return and minimal owner responsibility.
    More about this property
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