Somerset, KY, has shown encouraging trends in its commercial real estate landscape, particularly in office leasing. Recent reports indicate a steady decline in vacancy rates, down to approximately 10 percent, signaling a resurgence in demand. This uptick is fueled by the growing need for flexible work environments, leading to an increase in coworking spaces. These spaces are particularly attractive to small businesses seeking costeffective solutions and short term commitments.
Market health indicators, such as rising rental rates and improved tenant retention, suggest positive sentiment among local businesses. For small enterprises, the expansion of coworking facilities provides accessibility to modern amenities without the burden of longterm leases. Moreover, small businesses can benefit from networking opportunities within these shared environments. As Somerset evolves, small businesses should consider coworking options that align with their growth strategies while ensuring adaptability in an increasingly competitive market.
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Showing 21 - 40 of 198 buildings with 52 total listings
186 Robinson Dr, Somerset, KY 42501
Business Opportunity!! Mobile Home Park that rents lots, 18 lots rented at $115.00 per month. 2 mobile homes goes with the park, one is a double...
1 office space
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150 Makena Dr, Somerset, KY 42501
The city of Somerset on US Hwy 27, 73 miles south of Lexington, Kentucky and 129 miles north of Knoxville, Tennessee. Somerset is located at...
2 retail spaces from 10,000 to 60,000 square feet.
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600 Monticello St, Somerset, KY 42501
Absolute Auction Selling to the Highest Bidder Regardless of Price!! The following are being sold as one offering. One Bid buys it ALL !!!!!!...
Listings 41,000 square feet.
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Sam Jones Rd, Somerset, KY 42501
The Northern portion of the parcel, around 30 acres, contiguous with the Medpark/VA Clinic, etc is $60,000 per acre. The balance of acreage,...
Listings
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1 land 22,215 square feet.
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