Somerset, KY
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    Somerset, KY Shopping Centers for Sale

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    Ferguson, KY Science Hill, KY Bronston, KY
    Highway 27 Commercial Property
    $2,800,000

    Highway 27 Commercial Property

    450 S Highway 27, Somerset, KY 42501

    2.3 AC site with income streams on Highway 27.

    • 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.
    Updated: Nov 21, 2025
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    Renovated Retail Center on US 27
    Contact for pricing
    293,613 SF

    Renovated Retail Center on US 27

    2835 S Highway 27, Somerset, KY 42503

    Recently renovated 293,613 SF retail center with excellent visibility.

    • 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.
    Updated: Jan 27
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Retail Center Leasing Opportunities Available
    Contact for pricing
    37,191 SF

    Retail Center Leasing Opportunities Available

    Retail center with leasing opportunities near major retailers and highway.

    100 Bacho Way, London, KY 40741
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    Central Shopping Center Opportunities
    Contact for pricing

    Central Shopping Center Opportunities

    Retail spaces for lease in Campbellsville, Kentucky.

    103 Central Shopping Center, Campbellsville, KY 42718
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    Prime Retail Space Available
    Contact for pricing

    Prime Retail Space Available

    Retail space for lease with high visibility location.

    1752 & 1758 West KY 192, London, KY 40741
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    Former Kroger Center For Sale
    Contact for pricing
    34,000 SF

    Former Kroger Center For Sale

    34,000 SF former Kroger center in Campbellsville, Kentucky.

    1505 E Broadway St, Campbellsville, KY 42718
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    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 Mixed-Use Development Opportunity
    $4,950,000
    15.00 Acres

    Prime Mixed-Use Development Opportunity

    Exceptional 15+/- acre tract with high visibility and flexibility.

    St Joseph Lane, London, KY 40741
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    Prime Development Land I-75 Exit
    $4,950,000
    15.00 Acres

    Prime Development Land I-75 Exit

    Exceptional 15-acre development opportunity off I-75, London, Kentucky.

    St Joseph Lane, London, KY 40741
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    Prime Commercial Land Near I-75
    $3,655,000
    17.00 Acres

    Prime Commercial Land Near I-75

    17 acres of B-4 zoned land with high visibility.

    261 Paint Lick Road, Berea, KY 40403
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    Richmond, KY Commercial Land
    $3,200,000
    16.00 Acres

    Richmond, KY Commercial Land

    16 acres of B-3 commercial land on Robert Martin Bypass.

    999 Dr Robert R Martin Bypass, Richmond, KY 40475
    View details

    Somerset, KY Shopping Centers Investment Opportunities Market Analysis

    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 start at $0.00, averaging $1,400,000, and reaching up to $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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Somerset.

    Top Commercial Asset Segments

    Storefront properties 5
    Shopping centers 3
    Automotive properties 2
    Gas stations 1
    Showrooms 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    42501 $2.8M

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