1031 Highway 1016, Berea, KY 40403
$649,900
Property Type:
Commercial Sale
Square Footage:
7,880
Lot Size (sq. ft.):
127,065
Status:
Active
Current Price:
$649,900
List Date:
3/27/2026
Last Modified:
3/27/2026
Overview
Description
Listing Details MLS# 26006201
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Mixed Use
Status Change Information
- Status Change Timestamp
- 2026-03-27
Address
- County
- Madison
- Street Number
- 1031
- Street Name
- Highway 1016
- State
- KY
- Zip Code
- 40403
- Parcel Number
- 0073-0000-0074
Contract
- Original List Price
- 649900
- Start Showing Date
- 2026-03-27
- Listing Contract Date
- 2026-03-27
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/SqFt
- 82.47
Tax Legal
- MLS Area Major
- 008 - Madison County
- Subdivision Name
- Downtown
Interior
- Living Area
- 1560
- Living Area Units
- Square Feet
- Living Area Source
- Public Records
- Building Area Total
- 7880
- Building Area Source
- Public Records
- Building Area Units
- Square Feet
More Information
Building
- Basement YN
- Yes
- Year Built
- 9999
- Stories Total
- Yes
- Accessibility Features YN
- No
Lot
- Lot Size Acres
- 2.917
- Lot Size Square Feet
- 127064.52
- Lot Size Dimensions
- See plat attached to listing
- Road Frontage Feet
- 361
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Cable Available
- Yes
- Electricity Connected
- Yes
- Phone Available
- Yes
- Sewer Available
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- A versatile commercial property in Berea, KY, zoned B2 and positioned just off the Berea Bypass, offers exceptional visibility and a wide range of incomeproducing possibilities. The level 2.917acre lot provides extensive road frontage, making it ideal for signage, customer access, and future development. Multiple storageunit 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 livework setup with room to grow.
Building and Property Details
- Building Expansion Potential YN
- Yes
- Inground Tank YN
- Yes
Showing Information
- Showing Instructions
- ShowingTime
Tax & Legal
- Tax Rate
- 0.0104
- Zoning
- Other
- Zoning Description
- B-2
- Directions
- From the bypass take the roundabout towards town on HWY 1016 and property will be on the left.
Association/Community
- Number Of Buildings
- 6
Basement
- Partial
- Yes
- Sump Pump
- Yes
- Unfinished
- Yes
- Walk-Up Access
- Yes
Cooling
- Central Air
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Parking Features
- Gravel
- Yes
- Paved
- Yes
Possession
- Close Of Escrow
- Yes
- Rental Agreement
- Yes
Roof
- Metal
- Yes
- Shingle
- Yes
Sewer
- Septic Tank
- Yes
Water Heater
- Gas
- Yes
Building Features
- Concrete Floor
- Yes
Business Type
- Mixed
- Yes
Electric
- 200+ Amp Service
- Yes
Sale Includes
- Building(s)
- Yes
- Fixtures
- Yes
- Leases
- Yes
Showing Requirements
- Showing Service
- Yes
Property Features
Utilities:
Cable Available; Electricity Connected; Phone Available; Sewer Available; Water Connected; Cable Available; Electricity Connected; Phone Available; Sewer Available; Water Connected
Basement:
Partial; Sump Pump; Unfinished; Walk-Up Access
Building Features:
Concrete Floor
Business Type:
Mixed
Cooling:
Central Air
Electric:
200+ Amp Service
Heating:
Forced Air; Natural Gas
Parking Features:
Gravel; Paved
Possession:
Close Of Escrow; Rental Agreement
Roof:
Metal; Shingle
Sale Includes:
Building(s); Fixtures; Leases
Sewer:
Septic Tank
Water Heater:
Gas
Showing Requirements:
Showing Service
Buildings Sketch ›
Listing Office:
Century 21 Pinnacle
Last Updated: March - 27 - 2026
Information deemed reliable but not guaranteed.