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301 East Mt Vernon Street, Somerset, KY 42501

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For Sale
Sale Pending

$439,000

0.19 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Look at this INVESTMENT OPPORTUNITY now available! It is a stunning refurbished structure that has an 'event venue' PLUS two Air BnB's that can also be utilized for business space or long term rental income. The internal 'event venue' space can be transformed into a professional office or retail business space. There are various options for utilizing the space available for this highly visible iconic property in Downtown Somerset! The two story structure also has a basement. Since the property location is in the middle of Somerset's business district, it is a short distance to all businesses, entertainment, festivites, concerts, CAR SHOWS and fine dining options that Somerset has to offer. Zoned B1 this is a great opportunity for commercial, residential, or mixed use of the property. Some of the improvements to the property include new HVAC system upstairs, updated electricity, plumbing, flooring and kitchen cabinets, and upgraded landscaping and fencing. Owners selling as they have relocated to another state. This property is remarkable, call today to check it out for yourself!
MLS# 24009515

Courtesy Of Lake Cumberland Properties, Ltd. Co.

(606) 679-4316

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Concrete, Wood
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 301 East Mt Vernon Street, Somerset, KY 42501

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(606) 451-1021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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