1031 Highway 1016, Berea, KY 40403
$599,900
Property Type:
Commercial Sale
Square Footage:
7,880
Lot Size (sq. ft.):
127,065
Status:
Active
Current Price:
$599,900
List Date:
3/27/2026
Last Modified:
6/05/2026
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.
Supplements: ********
More Information MLS# 26006201
Listing Information
Comp Sale YN: No
Property Sub Type: Mixed Use
Address
Parcel Number: 0073-0000-0074
County: Madison
Street Number: 1031
Street Name: Highway 1016
State: KY
Zip Code: 40403
Contract
Start Showing Date: 2026-03-27
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 76.13
Current Price: $599,900
Original List Price: 649900
Status: Active
Listing Contract Date: 2026-03-27
List Price: $599,900
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
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
Building
Basement YN: Yes
Stories Total: 1
Accessibility Features YN: No
Year Built: 9999
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: 1
Electricity Connected: 1
Phone Available: 1
Sewer Available: 1
Water Connected: 1
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.
Basement
Partial: 1
Sump Pump: 1
Unfinished: 1
Walk-Up Access: 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Natural Gas: 1
Parking Features
Gravel: 1
Paved: 1
Possession
Close Of Escrow: 1
Rental Agreement: 1
Roof
Metal: 1
Shingle: 1
Sewer
Septic Tank: 1
Water Heater
Gas: 1
Building and Property Details
Building Expansion Potential YN: Yes
Inground Tank YN: Yes
Building Features
Concrete Floor: 1
Business Type
Mixed: 1
Electric
200+ Amp Service: 1
Sale Includes
Building(s): 1
Fixtures: 1
Leases: 1
Showing Requirements
Showing Service: 1
Showing Information
Showing Instructions: ShowingTime
Status Change Information
Price Change Timestamp: 2026-06-05T13:36:27Z
Status Change Timestamp: 2026-03-27
Tax Legal
MLS Area Major: 008 - Madison County
Subdivision Name: Downtown
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: June - 05 - 2026
Information deemed reliable but not guaranteed.
