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Professional Office Suite
For Lease
$1,500/Mo

203 E Mount Vernon Street #Suite B, Somerset, KY 42501

A reception area, two private offices, and a kitchenette support a range of professional office uses.

Space Size1,700 SF
Days on Market132

Property Features for 203 E Mount Vernon Street #Suite B

General Information

Standard status Active
Size 1,700 SF
Net Rentable 1,700 SF
Zoning Mixed use, Professional office, Retail
Lease Term 12 Months

Space & Availability

Available Space 1,700 SF
Contiguous Space 1,700 SF
Space Use Office
Available From Immediate
Private Offices 2

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500
Rent per SF/Year $10.59
Lease Term 12 months

Amenities

dedicated reception/administrative area
private restroom
kitchenette
file/storage room
beautiful hardwood floors

Building Details

Building Size 1,700 SF
Listing Agency: Lake Cumberland Real Estate Professionals
Listed By: Farrah Dobbs
Source: Bluegrasspropertiesgroup
Added: Jun 14 Changed: Oct 22 Last Checked: Oct 22 at 2:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lake Cumberland Real Estate Professionals

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Investment Insights

Based on property information with market context.

Suite B is a 1,700-square-foot office unit with two private offices, a reception and administrative area, and a separate file and storage room. The layout also includes a private restroom and kitchenette, with hardwood flooring throughout. The space is available for lease and is zoned for mixed use, professional office, and retail.

At 203 East Mount Vernon Street, the suite is in downtown Somerset, within walking distance of restaurants, banks, government offices, and other local businesses.

Key Highlights

  • 1,700‑square‑foot office suite
  • Two private offices plus a reception and administrative area
  • Private restroom, kitchenette, and file/storage room

Property Analytics

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Current Use

Department of Public Advocacy State Government Office Winter Huff Attorney Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Electrical Service Florist Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

986
Businesses Nearby

Demographics for 42501, KY

18,047
Population
8,039
Households
2.2
Avg Household Size
43
Median Age
17%
College-Educated
84%
High-School Grad
199.7 sq mi
ZIP Area
90
Density / Sq Mi
$49,449
Median Household Income
$38,121
Median Earnings
$808
Median Rent
$131,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Somerset, KY

$24.3 /SF/Yr
Avg Asking Price
$2.73–$40 /SF/Yr
Price Range
9,273 SF
Avg Space Size

This space is priced 56% below the average of $24.3 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A reception area, two private offices, and a kitchenette support a range of professional office uses.
Where is this office unit located?
The property is located at 203 E Mount Vernon Street #Suite B Somerset, KY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,700‑square‑foot office suite; Two private offices plus a reception and administrative area; Private restroom, kitchenette, and file/storage room
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