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Property profile & analytics
FOR LEASE
Banks

100 Public Sq Somerset, KY 42501

26,400 SF 0.29 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US34-0507352
Property summary
AI-generated overview

This exceptional commercial lease opportunity presents approximately 6,000 square feet of beautifully finished office space within the prestigious Hemisphere Building in downtown Somerset, Kentucky. Located at 100 Public Square, Unit A, this property boasts a highly desirable downtown location, providing convenient access to all Somerset amenities. The space features charming wood finishes, newer carpeting, and aesthetically pleasing furniture throughout. Several offices include partitioned reception areas, while larger offices incorporate small tables ideal for informal meetings or business transactions. Two separate external entrances offer convenient access for tenants and their clients. A significant advantage is the inclusion of all utilities within the lease payment of $9,750. Tenants will also have access to a stunning conference room, equipped with ample seating and the necessary technical equipment to facilitate productive staff and client meetings. The building's proximity to government offices, financial institutions, and other key businesses makes this location exceptionally convenient for both employees and clients, offering a truly walkable environment. This unique opportunity combines prime location, attractive aesthetics, and practical amenities to create an ideal workspace.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 26,400 SF
Lot 0.29 ac (12,600 SF)
APN 061-7-3-15
UPID US34-0507352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hemisphere Limited LLC Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$915k
Owner & transaction history
HEMISPHERE LIMITED LLC
HEMISPHERE LIMITED LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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