$499,900
Price cut: $150K1031 Highway 1016, Berea, KY 40403
- 1,560
- sqft
- 2.92
- acres
- Mixed Use
- Property type
- 2.92 acres
- Lot size
- $320
- Price / sq ft
Listing 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.
Listed by Century 21 Pinnacle · sandy@c21thepinnacle.com
MLS #26006201 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Mixed Use
- Lot size
- 2.92-acre lot
- Price / sq ft
- $320 / sq ft
Interior
- 0 bathrooms
Property
- Mixed Use
- 1,560 sq ft
- 2.92-acre lot
Construction
- Metal, Shingle
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
Show all home details
Interior
- Basement
- Partial, Sump Pump, Unfinished, Walk-Up Access
Exterior & parking
- Roof
- Metal, Shingle
- Parking features
- Gravel, Paved
Utilities & comfort
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Gravel, Paved
Property & Price History
| Date | Event | Price |
|---|---|---|
| Mar 27, 2026 | Listed for sale | $649,900 |
| May 24, 2019 | Sold |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,186/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $2,594
- Taxes
- $446
- Other costs
- $146
- $499,900
- Home price
- 20% · $99,980
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $2,594
- Estimated property taxes
- $446
- Home insurance
- $146
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $2,594
- Estimated property taxes
- $446
- Home insurance
- $146
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Assigned Schools
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty