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    Somerset, KY
    Shopping Center

    Somerset, KY Shopping Centers for Sale

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    Ferguson, KY Nancy, KY Science Hill, KY Bronston, KY Burnside, KY Eubank, KY Monticello, KY Bethelridge, KY
    Renovated Retail Center on US 27
    Updated: Jan 27
    Renovated Retail Center on US 27

    2835 S Highway 27, Somerset, KY 42503

    Contact for pricing
    293,613 sqft
    Anchored by Hobby Lobby, Dunham Sports, and TJ Maxx, attracting significant customer traffic.
    Excellent visibility and access from US Highway 27 (ADT +26,818).
    Below market rental rates and flexible lease terms.
    Recently renovated 293,613 SF retail shopping center.
    Serves a regional trade area population of over 255,000.
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    Highway 27 Commercial Property
    Updated: Nov 21, 2025
    Highway 27 Commercial Property

    450 S Highway 27, Somerset, KY 42501

    $2,800,000
    Income‑producing property with a current Gross Operating Income of $165,600 and multiple revenue streams.
    +/-2.3 AC site featuring a +/-16,500 SF multi‑tenant retail building and a +/-3,000 SF flex/garage building.
    Excellent location with +/-233' of direct frontage on Highway 27 in Somerset, Kentucky.**
    Ground lease in place with an auto tenant on a pad site.
    Value‑add and redevelopment potential for both short and long term.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Multi-Tenant Retail Center with Parking
    Multi-Tenant Retail Center with Parking

    145 Cemetery Rd, Lebanon, KY 40033

    Contact for pricing
    3,800 sqft

    Six-unit retail center for sale with ample parking, a new roof, and excellent tenant signage.

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    Retail Center Leasing Opportunities Available
    Retail Center Leasing Opportunities Available

    100 Bacho Way, London, KY 40741

    Contact for pricing
    37,191 sqft

    Retail center with leasing opportunities near major retailers and highway.

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    End Cap Restaurant Space Available
    End Cap Restaurant Space Available

    770 W. Main Street, Lebanon, KY 40033

    Contact for pricing
    59,760 sqft

    End cap restaurant space in former Walmart center.

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    Retail Center Near I-75 Exit
    Retail Center Near I-75 Exit

    100 Shiloh Landing, London, KY 40741

    Contact for pricing

    Retail spaces available near I-75 in London, Kentucky.

    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.

    24 Acres on Highway 90
    24 Acres on Highway 90

    1 E Highway 90 Bypass, Monticello, KY 42633

    $1,087,920
    24.00 AC lot

    24-acre tract on Highway 90 Bypass in Monticello, KY.

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    High-Visibility Commercial Land
    High-Visibility Commercial Land

    St Joseph Lane, London, KY 40741

    $4,895,000
    15.00 AC lot

    Commercial land site with prominent interstate access, hospital-adjacent frontage, water available, and no zoning restrictions.

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    Mixed-Use Development Land
    Mixed-Use Development Land

    St Joseph Lane, London, KY 40741

    $4,895,000
    15.00 AC lot

    Large mixed-use development land tract with water available and prominent I-75 visibility near CHI St. Joseph Hospital.

    View details

    Somerset, KY Shopping Centers Market Trends and Statistics

    Explore 2 shopping centers for sale in Somerset, KY on our real estate platform. These investment opportunities span a total of 293,613 square feet of properties for sale, with an estimated market value of $2,800,000.

    Sale prices for plazas in Somerset, KY average $2,800,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 17
    Shopping centers 3
    Automotive properties 2
    Gas stations 1
    Grocery and convenience stores 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    42501 $2.8M

    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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    • 42503

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