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$699,000

304 Sallee Street Somerset, KY  42501

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Property Description for 304 Sallee Street Somerset, KY 42501

Here is a nice well-maintained Commercial Building in a great location - just off HWY 27 Stop Light # 9. The established & successful business - ''Heritage Bookstore'' opened originally in 1968 - very near the current location. The owners (at that time) had this structure custom built in 1990. The current owner is the second-generation owner of the family owned (and operated) business. This is a profitable business already set up in a prime location as an estimated 19,000 cars travel that section of HWY 27 daily. The building boost 4800 sq feet, with all interior LED lighting and a paved parking lot. The iconic business has an expanded ''repeat customer'' base ... servicing multiple cities/counties within a 60-mile radius. The displays, shelving, financial transaction equipment along with other business necessity supplies will convey with the purchase. In addition, the inventory, customer & vendor information will be passed along to the new owner. The current owner will entertain a transitional plan in hopes of avoiding any business interruption. This is a great opportunity to purchase a building & business combination!

Address:304 Sallee Street Somerset KY 42501
Status:Active
on site: 317 days
Price:$699,000
Bathrooms:0
Year Built:1990
Lot Size:0.60
County: Pulaski
MLS #:24001620

Lot Dimensions:26136
Directions:Travelling north on Hwy 27, turn right onto Sallee Street (at light 9), business is on the right.

Loan Price
$3,937
Price And Interest $3,646/month
Property Tax $0/month
MTG INS $0/month
HOME INS $291/month
Price
$699,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 045 - Pulaski County
Subdivision: Somerset City
Zip Code:42501

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Jill Johnson and Tammy Anger with Eagle Realty & Development LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Somerset, KY Market Report

123
Avg. DOM
$147.19
Avg. $ / Sq.Ft.
$ 322,500
Med. List Price

The house prices in Somerset are indeed dropping at the moment. There has been a decrease in price of $50,332.49. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Somerset are going Down. The average house price is $325,000.00 and the average price per square feet is $145.36 per square feet. At the moment, the amount of homes listed is exactly 466 houses, with 185 with active status, 36 with pending status and 245 sold in Somerset .

The most popular place to buy a home in Somerset is 045 - Pulaski County. 045 - Pulaski County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Somerset .

The average amount of property taxes you would have to pay for a home in Somerset is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Somerset are staying listed for an average of 99 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Somerset was 1968 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Somerset is $1,299,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Somerset is $34,900.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Somerset in year 1932 and the newest built house is in year 9999.

The average size of properties in Somerset is 57.03 sq.ft. , the biggest one being 5107 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.