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Professional Office Suite
For Lease
$1,500/Mo

203 E Mount Vernon Street, Somerset, KY 42501

Commercial Lease, Somerset, KY

Space Size1,700 SF
Lot Size0.15 Acres
Days on Market86

Property Features for 203 E Mount Vernon Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description Mixed use, Professional office, Retail
Parking features On Street, Open
Subdivision Downtown
Directions Take KY-80 West toward Somerset. Continue onto South Highway 27 (US-27) toward downtown Somerset. Turn right onto East Mount Vernon Street (near downtown Somerset). Continue approximately 0.2 miles. 203 East Mount Vernon Street will be on your left in the downtown business district.
Standard status Active
APN 061-4-8-46
Size 1,700 SF
Lot size 0.15 Acres

Amenities

Dedicated reception/administrative area
Private restroom
Kitchenette
File/storage room
Beautiful hardwood floors
Listing Agency: Lake Cumberland Real Estate Professionals
Listed By: Farrah Dobbs
Added: Jun 14 Changed: Sep 6 Last Checked: Sep 7 at 2:06PM
MLS# 26013782

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Suite B provides approximately 1,700 square feet of office space with a functional arrangement for professional operations. The interior includes two private offices, a reception and administrative area, a private restroom, kitchenette, and separate file or storage room. Hardwood flooring adds a finished interior detail, and immediate occupancy is available.

The property is located at 203 East Mount Vernon Street in downtown Somerset, within walking distance of restaurants, banks, government offices, and other local businesses. On-street and open parking are available. The suite is presented for lease with a one-year lease term and is positioned for a range of professional office uses, including legal, accounting, insurance, consulting, financial, therapy, and medical-related practices.

Key Highlights

  • Approximately 1,700 square feet of office space
  • Two private offices plus reception and administrative area
  • Private restroom, kitchenette, and file/storage room

Property Analytics

Current Use

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

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store 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

725
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

Market

Lease Benchmarks for Somerset, KY

$20.89 /SF/Yr
Avg Asking Price
$2.73–$40 /SF/Yr
Price Range
12,581 SF
Avg Space Size

This space is priced 49% below the average of $20.89 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two private offices, reception space, kitchenette, storage, and a private restroom support a practical professional layout.
Where is this office units located?
The property is located at 203 E Mount Vernon Street Somerset, KY.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Approximately 1,700 square feet of office space; Two private offices plus reception and administrative area; Private restroom, kitchenette, and file/storage room
More about this property
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