$499,900
( $320.45Per Sq Foot )
 $2,838 est/mo Sourced by Back At You

1031 Highway 1016,Berea, KY 40403

Berea, KY 40403

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Description

A versatile commercial property in Berea, KY, zoned B2 and positioned just off the Berea Bypass, offers exceptional visibility and a wide range of income producing possibilities. The level 2.917 acre lot provides extensive road frontage, making it ideal for signage, customer access, and future development. Multiple storage unit buildings already on site create an immediate revenue stream, with strong demand in the area for secure storage options. A house located on the property adds even more flexibility, functioning as a comfortable residence, a business office, or a rental unit depending on your needs. The combination of commercial zoning, existing infrastructure, and prime location within city limits makes this property well suited for entrepreneurs, investors, or anyone seeking a live work setup with room to grow.

Details

MLS #26006201
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year9999
Days On Site180
Listing Provided ByCentury 21 Pinnacle | Bradley Warford

Features

SQ Feet1,560
BasementY
Building(s)6
ZoningOther
Acreage2.92

Interior

CoolingCentral Air
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofMetal, Shingle

Parking

Attached Garage Yes / NoNo
Parking FeaturesGravel, Paved

Utilities

UtilitiesCable Available, Electricity Connected, Phone Available, Sewer Available, Water Connected
SewerSeptic Tank
Electric200+ Amp Service

Area Information

StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$499,900
low | high
Med:
$229,900
100% of Average
sqft:
1,560
low | high
Med:
1,581
48.653846153846% of Average
$ / sqft:
$320
low | high
Med:
$146
100% of Average
On site:
180
low | high
Med:
718
25.069637883008% of Average
Sourced by Back At You

Market Activity 40403

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Contact

Learn More About This Property

Carrie Lepore

Carrie L. Lepore

Coldwell Banker McMahan

 (859) 608-8107carrie@leporerealty.com
StateKY
CountyMadison
CityBerea
Zip Code40403
Area008 Madison County
SubareaMadison County
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$499,900
low | high
Med:
$229,900
100% of Average
sqft:
1,560
low | high
Med:
1,581
48.653846153846% of Average
$ / sqft:
$320
low | high
Med:
$146
100% of Average
On site:
180
low | high
Med:
718
25.069637883008% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $374K - $624K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
204 Beechwood Drive Property Photo 1
$265,000
204 Beechwood Drive
Berea, KY 40403
Listing Updated: September 21, 2026 at 5:15:26 PM PDT

Carrie Lepore - Coldwell Banker McMahan