38 Public Square East Mt. Vernon Street, Somerset, KY 42501

$779,900
Property Type: Commercial Sale Square Footage: 5,000 Status: Active
Current Price: $779,900 List Date: 11/05/2025 Last Modified: 4/22/2026

Overview

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 equi ...

Listing Details MLS# 25505433

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Price Change Timestamp
2026-01-13T02:14:19Z
Status Change Timestamp
2025-11-05

Address

County
Pulaski
Street Number
38 Public Square
Street Name
East Mt. Vernon
Street Suffix
Street
State
KY
Zip Code
42501
Parcel Number
061-7-1-03

Contract

Original List Price
849000
Start Showing Date
2025-11-05
Listing Contract Date
2025-11-03
Listing Agreement
Exclusive Right To Sell
Owner Name
William and Angelique Guthrie
Occupant Type
Occupied
Office Exclusive YN
No
List Price/SqFt
155.98

Tax Legal

MLS Area Major
909 - Somerset City, Pulaski County
Subdivision Name
Somerset City

Interior

Living Area Units
Square Feet
Building Area Total
5000
Building Area Source
Plans
Building Area Units
Square Feet

More Information

Building

Basement YN
No
Year Built
1920
Stories Total
2
Accessibility Features YN
Yes

Lot

Road Frontage Feet
50
Lot Size Acres
0
Lot Size Square Feet
0

Utilities

Cooling YN
Yes
Heating YN
Yes
Cable Connected
Yes
Electricity Available
Yes
Phone Connected
Yes
Propane
Yes
Sewer Connected
Yes
Water Available
Yes

Remarks

Public Remarks
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.

Building and Property Details

Furniture, Fixtures & Equipment YN
No
Building Expansion Potential YN
No
Inground Tank YN
No
# of Men's Restrooms
2
# of Women's Restrooms
2
Seating Capacity
50
Maximum Ceiling Height
18
Retail SqFt
5000
Usable SqFt
5000

Showing Information

Showing Instructions
call listing agent

Tax & Legal

Tax Rate
11
Zoning
R-1C
Zoning Description
22
Directions
East Mt. Vernon Street to Public square, building is to the left of Citizens National Bank

Association/Community

Number Of Buildings
1

Construction Materials

Brick
Yes

Cooling

Ceiling Fan(s)
Yes
Gas
Yes
Heat Pump
Yes
Multi Units
Yes

Heating

Heat Pump
Yes
Natural Gas
Yes
Zoned
Yes

Listing Terms

Cash
Yes

Parking Features

Paved
Yes
Other
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Roof

Rubber
Yes

Security Features

Security System Leased
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Water Heater

Electric
Yes

Building Features

Elevator(s)
Yes
Other Flooring Type
Yes
Reinforced Floor
Yes
Wood Flooring
Yes

Business Type

Food & Beverage
Yes
Mixed
Yes
Professional Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes

Ceiling

Open
Yes
Tile
Yes

Docks

None
Yes

Electric

200+ Amp Service
Yes

Existing Lease Type

None
Yes

Sale Includes

Building(s)
Yes
Other
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Interior Maintenance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Utilities: Cable Connected; Electricity Available; Phone Connected; Propane; Sewer Connected; Water Available; Cable Connected; Electricity Available; Phone Connected; Propane; Sewer Connected; Water Available Building Features: Elevator(s); Other Flooring Type; Reinforced Floor; Wood Flooring Business Type: Food & Beverage; Mixed; Professional Service; Professional/Office; Restaurant; Retail Ceiling: Open; Tile Construction Materials: Brick Cooling: Ceiling Fan(s); Gas; Heat Pump; Multi Units Docks: None Electric: 200+ Amp Service Existing Lease Type: None Heating: Heat Pump; Natural Gas; Zoned Listing Terms: Cash Parking Features: Paved; Other Possession: Close Of Escrow; Subject To Tenant Rights Roof: Rubber Sale Includes: Building(s); Other Security Features: Security System Leased Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Electricity; Gas; Interior Maintenance; Sewer; Trash Collection; Water Water Heater: Electric Showing Requirements: Call Listing Agent
Listing Office: CENTURY 21 Advantage Realty
Last Updated: April - 22 - 2026
Information deemed reliable but not guaranteed.