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Private-Entry Office Suite
For Lease
$1,100/Mo

823 S Hwy 27 #1, Somerset, KY 42501

Compact layout includes a front workspace, separate rear room, and dedicated restroom.

Space Size420 SF
Days on Market810

Property Features for 823 S Hwy 27 #1

General Information

Standard status Active
Size 420 SF
Net Rentable 420 SF
Total Parking Spaces 10
Zoning Commercial

Space & Availability

Available Space 420 SF
Contiguous Space 420 SF
Space Use Office

Lease Terms

Flexible Term Yes
Utilities Included in Rent water, trash

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1970
Buildings 1
Stories 1
Listing Agency: Next Level Property Management LLC
Listed By: MISTY TINGLE
Source: Bluegrasspropertiesgroup
Added: Aug 19, 2024 Changed: Nov 4 Last Checked: Nov 6 at 12:38AM

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 Next Level Property Management LLC

Rey
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Investment Insights

Based on property information with market context.

This office suite offers approximately 420 square feet across a large front room and a smaller room at the rear. A private entrance and single-use bathroom serve the space. The front area can accommodate reception, meetings, or open workstations, while the rear room can function as a private office, break area, or storage. Remodeling to suit the tenant is negotiable, with a two-year minimum lease term.

The property fronts S Hwy 27 in Somerset. Parking is shared with State Farm Insurance, and the lease includes water, trash, property insurance, and taxes. The tenant is responsible for electricity and individual services such as cable, internet, and phone.

Key Highlights

  • Approximately 420 square feet
  • Private entrance and single‑use bathroom
  • Large front room plus a separate rear room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ResourceMFG Employment Agency Chad Smallwood - State ... Insurance Agency Piatt's Tree & Lawn ... Landscaping Treasure Chest Flowers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Electrical Service Big Box & Wholesale Store Storage Facility

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35
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
View Realmo Analytics

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 38% above 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 - Compact layout includes a front workspace, separate rear room, and dedicated restroom.
Where is this office unit located?
The property is located at 823 S Hwy 27 #1 Somerset, KY.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Approximately 420 square feet; Private entrance and single‑use bathroom; Large front room plus a separate rear room
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