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 161 - 180 of 198 buildings with 52 total listings
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,...
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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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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,...
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2835 US-27, Somerset, KY 42503
Grand Central Place is located in the city of Somerset on US Hwy 27, 73 miles south of Lexington, Kentucky and 129 miles north of Knoxville,...
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50 Makena Drive, Somerset, KY 42501
Somerset is the seat of Pulaski County which has a population of nearly 65,000. It borders Lake Cumberland, a popular vacation destination that...
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1 multi-family space
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