1031 Highway 1016, Berea, KY 40403

$549,900
Property Type: Commercial Sale Square Footage: 7,880 Lot Size (sq. ft.): 127,065 Status: Active
Current Price: $549,900 List Date: 3/27/2026 Last Modified: 8/09/2026

Overview

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 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.

Listing Details MLS# 26006201

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Price Change Timestamp
2026-08-09T12:56:45Z
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
69.78

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

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

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
Listing Office: Century 21 Pinnacle
Last Updated: August - 09 - 2026
Information deemed reliable but not guaranteed.