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Two-Room Office Unit
For Lease
$670/Mo

301 E Mount Vernon Street #A, Somerset, KY 42501

Commercial zoning and a side entrance serve this upstairs workspace.

Space SizeContact for details
Property Size600 SF
Days on Market1025

Property Features for 301 E Mount Vernon Street #A

General Information

Standard status Active
Size 600 SF
Zoning commercial

Building Details

Building Size 600 SF
Listing Agency: Eagle Realty & Development LLC
Listed By: Linda Skaarup · License #204046
Source: Bluegrasspropertiesgroup
Added: Jan 17, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:20AM

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 Eagle Realty & Development LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This upstairs office unit offers approximately 600 square feet arranged as two rooms, with one bathroom and a separate side entrance. The property is zoned commercial.

At 301 E Mount Vernon Street in downtown Somerset, the space is next to Charred Oak and the Boutique.

Key Highlights

  • Approximately 600 square feet upstairs
  • Two rooms and one bathroom
  • Separate side entrance

Property Analytics

Current Use

Thee Parsonage Vacation Rental The Commons of Somerset Hotel & Motel

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Acupuncture

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
$2.01 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

626
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

$22.82 /SF/Yr
Avg Asking Price
$2.73–$40 /SF/Yr
Price Range
7,429 SF
Avg Space Size

This space is priced 41% below the average of $22.82 /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 - Commercial zoning and a side entrance serve this upstairs workspace.
Where is this office unit located?
The property is located at 301 E Mount Vernon Street #A Somerset, KY.
What is the lease rate?
The lease rate is $670/Mo.
What are key features of this property?
This property features: Approximately 600 square feet upstairs; Two rooms and one bathroom; Separate side entrance
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Includes: Price & PSF · Cap rate · Location · Zoning

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