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309-311 West Mt. Vernon,  Somerset KY, 42501

(Active)
$480,000
|
12,960 sqft
|
MLS# 20121538
1of
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Last Updated: 10/19/2021 6:30 AM
Description for 309-311 West Mt. Vernon Somerset, KY 42501
Don't miss your chance to own one of the hottest business locations in downtown Somerset! This 12, 960 sq. ft. property on about 1.3 acres is being offered at a fraction of the price-per-square-foot of recently sold south central Kentucky area restaurant/bar properties. The perfect space for a restaurant/bar, the property comes with several restaurant furnishings. Or renovate the space into professional offices, a retail showroom, or upscale venue/meeting space. The large enclosed patio is the perfect spot for live entertainment, adding room for dozens more seats for patrons, or could be used as an outdoor display space. The inviting lawn area out back provides room for a variety of uses. There is ample parking in front and a large parking lot in back. A convenient loading dock is in the center of the building, near the kitchen. A separate outbuilding provides extra storage space. The property includes an additional retail space that is currently leased as a barber shop, and there's a three-bedroom apartment up the outdoor stairway. Additional outdoor storage is available under the stairs. As shown by the price, this owner is highly motivated to sell. Call today to schedule a tour.
Price
$480,000
Commercial
Pulaski
12,960 (approx)
20121538
Active
Description
Don't miss your chance to own one of the hottest business locations in downtown Somerset! This 12, 960 sq. ft. property on about 1.3 acres is being offered at a fraction of the price-per-square-foot of recently sold south central Kentucky area restaurant/bar properties. The perfect space for a restaurant/bar, the property comes with several restaurant furnishings. Or renovate the space into professional offices, a retail showroom, or upscale venue/meeting space. The large enclosed patio is the perfect spot for live entertainment, adding room for dozens more seats for patrons, or could be used as an outdoor display space. The inviting lawn area out back provides room for a variety of uses. There is ample parking in front and a large parking lot in back. A convenient loading dock is in the center of the building, near the kitchen. A separate outbuilding provides extra storage space. The property includes an additional retail space that is currently leased as a barber shop, and there's a three-bedroom apartment up the outdoor stairway. Additional outdoor storage is available under the stairs. As shown by the price, this owner is highly motivated to sell. Call today to schedule a tour.
Listing Information
Property Type: Other, 2 Story
1.3 Acres 12,960 (approx) $0
2 Block,Brick
Commercial
Water Connected
Public Sewer, Sewer Connected
Neighborhood
Room Information
Interior Features
Concrete
Central Air
Exterior / Lot Features
35 Parking Spaces, 21 - 35 Spaces, On Site, Paved
Brick, Block
None
Tar Gravel, Flat, Shingle
Bar/Lounge R4
Driving Directions
From Hwy. 80 and 27, turn onto Hwy 80 East to Hwy. 1247 (Main Street). Take a right and drive to Fountain Square in downtown. Turn right onto West Mt. Vernon Street, and continue for about a half mile. The property is on the left, just past S. Richardson Drive.
Financial Considerations
Not Provided
Listing Price History

Somerset Real Estate

Somerset is located in Kentucky. Somerset, Kentucky 42501 has a population of 11,633.

The median household income in Somerset, Kentucky 42501 is $30,286. The median household income for the surrounding county is $39,105 compared to the national median of $61,963. The median age of people living in Somerset 42501 is 42 years.

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Courtesy: Realty World Dowell & Associates
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2021 Lexington Bluegrass Multiple Listing Service. All rights reserved.
This content last refreshed on 10/19/2021 6:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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