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    Somerset, KY
    Mixed-Use

    Somerset, KY Mixed-use Properties for Sale

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    Ferguson, KY Nancy, KY Science Hill, KY Bronston, KY Burnside, KY Eubank, KY Monticello, KY Bethelridge, KY
    Renovated Mixed-Use Building
    Updated: Nov 3, 2025
    Renovated Mixed-Use Building

    38 Public Square, Somerset, KY 42501

    $779,900
    5,000 sqft
    5,000 square feet across two stories
    Directly on 38 Public Square in downtown Somerset
    Two separate entrances support divided occupancy
    Second‑floor kitchenette with 3‑compartment sink and grease trap
    Elevator lift and ADA‑compliant restrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    38 Public Square, Somerset, KY 42501

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $57K
      Annual

    • Price @ 7% Cap

      $814K
      Above asking

    • Property Type

      Office Building (Multi-Story)
      Built 1970
    View Property Analytics
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Somerset, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Finished Loft
    Mixed-Use Property with Finished Loft

    404 Ford Street, Corbin, KY 40701

    $824,900
    4,313 sqft 0.24 AC lot

    C2-zoned property with dual-street access, finished auxiliary space, parking, and updated building systems.

    View details
    Mixed-Use Property with Living Quarters
    Mixed-Use Property with Living Quarters

    810 S Main Street, Corbin, KY 40701

    $995,000
    5,136 sqft 0.26 AC lot

    Commercial space and an expansive residential component combine in a steel, brick, and concrete building on South Main Street.

    View details
    Self Storage Facility with House
    Self Storage Facility with House

    1031 Highway 1016, Berea, KY 40403

    $549,900
    1,560 sqft 2.92 AC lot

    B2-zoned acreage includes multiple storage buildings and a separate house for residential or office use.

    View details
    Mixed-Use Property with Office Layout
    Mixed-Use Property with Office Layout

    1315 Gabbardtown Road, Berea, KY 40403

    Contact for pricing
    5,000 sqft

    UC-1-zoned property with a layout historically used for office space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land Near Lake
    Prime Development Land Near Lake

    5800 S Highway 27, Somerset, KY 42501

    $2,900,000
    18.31 AC lot

    18.31-acre tract ideal for commercial or residential development.

    View details

    Off-Market Properties in Somerset, KY

    Consider similar Off-Market properties in Somerset, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1313 Mt Vernon St
    STORE/OFFICE (MIXED USE)

    1313 Mt Vernon St, Somerset, KY 42501-1235

    $310,000
    Estimated value
    1.11 AC lot
    View details

    Somerset, KY Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Somerset, KY on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $779,900.

    Sale prices for multi use buildings in Somerset, KY average $779,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 43K
    Population Growth (5Y) +4.0%
    Median Household Income $51,787
    College Educated 19.4%

    Listings Trend

    New vs delisted commercial listings in Pulaski County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pulaski County

    Residential Income

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