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Property profile & analytics
OFF-MARKET
Retail space

304 Sallee St Somerset, KY 42501-2300

4,800 SF 0.52 ac lot Built 1970
Individually Owned Free & Clear
Property ID
US34-0537397
Property summary
AI-generated overview

This exceptional retail storefront opportunity in Somerset, Kentucky, presents a unique chance to acquire a thriving business and its custom-built building. Located just off Highway 27 at Stop Light #9, this 4,800 square foot property boasts a prime location with an estimated 19,000 cars passing daily. The building, constructed in 1990, is well-maintained and features all LED interior lighting and a paved parking lot. The current business, operating successfully since 1968, benefits from a loyal customer base spanning a 60-mile radius. Included in the sale are all displays, shelving, financial transaction equipment, and other business necessities. The seller will also provide inventory, customer, and vendor information to ensure a smooth transition. The asking price is $699,000, translating to $145.62 per square foot. This turnkey operation offers a rare chance to own a profitable business in a high-traffic area, with the potential for continued growth and success. The seller is open to a transitional plan to minimize business interruption. This is a truly exceptional opportunity to acquire both a thriving business and a well-located commercial property. The property is situated at 304 Sallee St, Somerset, KY 42501, in Pulaski County.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction STEEL FRAME
Total area 4,800 SF
Lot 0.52 ac (22,500 SF)
APN 061-5-2-08
UPID US34-0537397
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Heritage Christian Book Store Religious Bookstore
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
JANET RUTHERFORD
JANET RUTHERFORD
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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