38 Public Sq, Somerset, KY 42501

$779,900

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List Price
$779,900
MLS#
25505433
Status
ACTIVE
Type
Commercial
Subtype
Business

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.

Additional Information

Year Built
1920
Sewer
Public Sewer
Heating
Heat Pump, Natural Gas, Zoned
Roof
Rubber

How Much Is Your Home Worth?

If you’re thinking about selling your home in Laurel, Whitley, Knox, or Pulaski County, one of the first questions you’ll ask is: “What is my home worth?” At Prime Realty KY, we provide accurate, data-driven property valuations that reflect today’s Kentucky real estate market. Whether you own a family home in London, an investment property in Corbin, or land near Laurel Lake, our free valuation tool gives you a clear picture of your home’s true market value.

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Don’t wait for weeks to get answers—our online home valuation tool delivers an instant estimate of your property’s worth. Simply enter your address, and you’ll receive a personalized report based on recent sales, neighborhood trends, and local market activity. This quick, no-obligation valuation is the perfect first step if you’re planning to sell, refinance, or explore investment opportunities in southeastern Kentucky.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 Advantage Realty.