Address
38 Public Square, Somerset, KY
Price
$ 779,900
Property Attributes
- MLS#25505433
- TypeCommercial
- Listing Status Active
- CountyPULASKI
- CitySomerset
- Area909 - Somerset City - Pulaski County
- NeighborhoodSomerset City
- Zip42501
- StyleBusiness
- Year Built1920
- Price$ 779,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5000
Data Source:
ImagineMLS
Property Description
Be part of the growing downtown community with this exceptional commercial opportunity! Own a piece of history—late 1800's building, fully renovated to combine timeless character with modern functionality. This impressive 5,000 sq ft, two-story property sits directly on the square in the center of town, offering outstanding visibility with hundreds of cars passing by daily. A prime location for tourism traffic and annual city festivals, this property is perfectly positioned for success. No detail has been overlooked in the renovation: - New HVAC throughout - New electric and lighting - New plumbing - New roof - New flooring on both levels, featuring upscale hardwood upstairs - Elevator lift installed for accessibility - New exterior paint - ADA-compliant restrooms. Designed with versatility in mind, the building includes two separate entrances, making it ideal for a dual business concept, mixed-use development, or multiple tenants. The second level features a full kitchenette equipped with a 3-compartment sink and grease trap, opening the door for food service, events, or additional revenue streams. Whether you're an investor, entrepreneur, or visionary business owner, this property offers the perfect blend of historic charm, modern upgrades, and unbeatable downtown location. PLEASE NOTE: Some photos have been digitally decluttered to accurately reflect the space. Wall decor and furniture has been removed since professional photos were taken.
| Price History | |
|---|---|
| 11/5/2025 | Listed $849,000 |
| 1/13/2026 | 9$779,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump,Natural Gas,Zoned |
| Cooling | Ceiling Fan(s),Gas,Heat Pump,Multi Units |
| Utilities | Cable Connected,Electricity Available,Phone Connected,Propane Connected,Sewer Connected,Water Available |
| Possession | Close Of Escrow,Subject To Tenant Rights |
| Roof | Rubber |
| Zoning | R-1C |
| Security Features | Security System Leased |
| Construction Materials | Brick |
| Year Built | 1920 |
| Electric | 200+ Amp Service |
| Tenant Pays | Interior Maintenance,Water,Trash Collection,Sewer,Gas,Electricity |
| Property Subtype | Business |
| Parcel Number | 061-7-1-03 |
| Business Type | Retail,Restaurant,Professional/Office,Professional Service,Mixed,Food & Beverage |
| County | Pulaski |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Subdivision Name | Somerset City |
| Building Features | Wood Flooring,Reinforced Floor,Other Flooring Type,Elevator(s) |
| Status | Active |
| Directions | East Mt. Vernon Street to Public square,building is to the left of Citizens National Bank |
| City | Somerset |
| Zoning Description | 22 |
| MLS Area | 909 - Somerset City,Pulaski County |
| Lot Size Square Feet | 0.0 |
| Land Lease Y/N | No |
| MLS Area Minor | 909 - Somerset City,Pulaski County |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Building Area Units | Square Feet |
| Lease Type | None |
| Living Area Units | Square Feet |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| Sewer_co_Public_sp_Sewer | True |
| Utilities_co_Cable_sp_Connected | True |
| Utilities_co_Electricity_sp_Available | True |
| Water Body Access Y/N | None |
| Accessibility Features Y/N | None |
Interior Features
| Total Stories | 2 |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Heating-Heat Pump | True |
| Heating-Natural Gas | True |
Exterior Features
| Parking Features | Paved,Other |
|---|---|
| Number of Buildings | 1 |
| Building Area Total | 5000.0 |
| Lot Size Acres | 0.0 |
| Crops Included Y/N | No |
| Irrigation Water Rights Y/N | No |
| ExteriorFeatures@Core.Permissions | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 42501
Price
Year Built
Visits
Data last updated: September 12, 2026 12:39 PM UTC and updating occurs daily