Lake Cumberland- Somerset-Hwy 27 Development Land

Highlights

• Up to 18.31 acres Commercial Redevelopment Land
• Would Consider Partial sale, Subdivide
• Multi Access' to U.S. 27 from front 2+ acres
• Mixed use options, Retail, Hospitality, Healthcare, Storage
• All utilities on site, or nearby
• Easy access to Lake Cumberland, Marinas

Description

SVN Stone Commercial Real Estate is pleased to bring to market a redevelopment option of up to 18.31 acres of commercially zoned land located off S Hwy 27 in Somerset, Kentucky. Recently Ranked as America's Best Lake Town in USA Today, the frontage of this site has an unobstructed view of Lake Cumberland! Near the Burnside, Kentucky, end of Hwy 27, this land offers an abundance of options for many uses, like healthcare, Retail, Hospitality, and even large Storage developments. It could be multi-use, with retail on the front and storage or offices in the back. The Front 2+ acres have three existing ingress and egress options for the next developed concept. The rear 16 acres can be accessed from this former parking lot and also multi-access' on nearby Empire Drive.

For more information, please contact Neal Metcalfe at 859.312.8069 // neal.metcalfe@svn.com.

Somerset, Kentucky is a thriving city nestled in the heart of Pulaski County. Known for its natural beauty and warm community spirit, Somerset offers a welcoming environment for residents and visitors alike. With a population of approximately 11,000 people, Somerset is a diverse city with a rich cultural heritage. The median age of its residents is 40 years, reflecting a mix of young professionals, families, and retirees. The city boasts a strong economy supported by a variety of industries including manufacturing, healthcare, and tourism. Somerset's unemployment rate is consistently lower than the national average, indicating a robust job market. The cost of living is affordable, making it an attractive destination for individuals and families looking to settle down. With its picturesque landscapes, proximity to stunning Lake Cumberland, and a range of recreational activities, Somerset offers a high quality of life. The city also features excellent educational opportunities, with well-regarded schools and a number of higher education institutions. Whether it's exploring the vibrant downtown area, enjoying outdoor adventures, or immersing oneself in the rich history of the region, Somerset has something for everyone.

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