Listed by NAI Isaac
$2,500,000
+/-2.3 AC Direct Frontage on Hwy 27
Details
APN 061-4-2-57
Property Type Retail, Land
Sub Type Commercial
Square Footage 19,500
Tenancy Multi
Broker Co-Op Yes
Buildings 2
Stories 1
Acreage 2.300
Zoning Commercial
NAI Isaac is please to present +/-2.3 AC with direct frontage/access to S Hwy 27 in Somerset
Marketing description
NAI Isaac is pleased to present +/-2.3 AC with direct frontage and access to South Highway 27 in Somerset, Kentucky. The city of Somerset on US Hwy 27, 73 miles south of Lexington, Kentucky and 129 miles north of Knoxville, Tennessee. Somerset is located at the convergence of Knox, Laurel and Whitley Counties and serves a regional trade area population of 195,000 plus. Lake Cumberland also provides considerable tourist/weekend shoppers.
Investment highlights
- +/-2.3 AC site with multiple income producing revenue streams in place
- +/-16,500 SF freestanding, multi-tenant retail building and +/- 3,000 SF flex/garage building in the rear of site
- Current ground lease in place with auto tenant on pad site
- +/-233' of direct frontage on Highway 27
- Adjacent to Advance Auto Parts and Tradewinds Center, anchored by Roses and Ace Hardware
- Current Gross Operating Income: $165,600; Contact agent for additional information
- Value Add + Redevelopment Potential, both short and long term
- Zoned Commercial
- Sale Price: $2,500,000 REDUCED!
Listing Contacts
Listed by NAI Isaac
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