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1031 Highway 1016 Berea, KY $ 649,900
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1031 Highway 1016
$ 649,900
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1031 Highway 1016

Berea, KY, 40403
$ 649,900
Bedrooms-- Baths-- Sq 1,560

Monthly Estimate*

$ 4,002

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Commercial Property for sale in Berea, KY

for $649,900. This 1,560 square foot building was built on a lot size of 2.92.

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.

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Commercial Active

Price

$ 649,900

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

2.92

Town/City

Berea

County/Region

Madison

MLS | Web ID

26006201
Features
General
Sewer Septic Tank
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Phone Available Sewer Available Water Connected
Possession Close Of Escrow Rental Agreement
Roof Metal Shingle
Zoning Other
Year Built 9999
Electric 200+ Amp Service
Property Subtype Mixed Use
Parcel Number 0073-0000-0074
Business Type Mixed
County Madison
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Downtown
Building Features Concrete Floor
Status Active
Directions From the bypass take the roundabout towards town on HWY 1016 and property will be on the left.
City Berea
Zoning Description B-2
MLS Area 008 - Madison County
Lot Size Units Acres
Lot Size Square Feet 127064.52
Land Lease Y/N N
MLS Area Minor 008 - Madison County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Partial Sump Pump Unfinished Walk-Up Access
Total Stories 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
Heating-Natural Gas True
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Exterior
Parking Features Gravel Paved
Lot Size Area 2.92
Number of Buildings 6
Building Area Total 7880.0
Lot Dimensions See plat attached to listing
Lot Size Acres 2.92
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1031
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* Excluded Features
List By
Century 21 Pinnacle

Broker

soldbybw@gmail.com

Email

Affordability Calculator

$4,002
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2026$649,900 Listed Price

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1031 Highway 1016, Berea, KY, 40403 is a Commercial Property for sale at $649,900 with 1,560 sqft and a lot size of 2.92. The property's zip code is 40403 which is in Berea, KY

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