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    Somerset, KY Shopping Centers for Sale

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    Highway 27 Commercial Property
    Updated: Jul 15, 2025
    Highway 27 Commercial Property

    450 S Hwy 27, Somerset, KY 42501

    $2,500,000
    19,500 sqft
    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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    See hot listings in Somerset

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 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.

    Two-Building Shopping Center
    Two-Building Shopping Center

    150 Wallace Wilkinson Boulevard, Liberty, KY 42539

    $3,009,999
    56,900 sqft 4.26 AC lot

    The offering includes two commercial buildings with open parking.

    View details
    Two-Building Shopping Center
    Two-Building Shopping Center

    150 Wallace Wilkinson Blvd, Liberty, KY 42539

    $3,009,999
    56,900 sqft

    Shopping-center property comprising two commercial buildings in Liberty, Kentucky.

    View details
    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.

    View details
    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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    Commercial Land Near Hospital
    Commercial Land Near Hospital

    St Joseph Lane, London, KY 40741

    $4,895,000
    15.00 AC lot

    Flexible development land with water available and potential for commercial, professional, or residential projects.

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    Commercial Land Near I-75
    Commercial Land Near I-75

    St Joseph Lane, London, KY 40741

    $4,895,000
    15.00 AC lot

    Flexible commercial land outside city limits with no zoning restrictions and water available.

    View details

    Somerset, KY Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Somerset, KY on our real estate platform. These investment opportunities span a total of 19,500 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for plazas in Somerset, KY average $2,500,000 — 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 14
    Automotive properties 1
    Shopping centers 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 $2.5M

    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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