Listing provided courtesy of Century 21 Pinnacle- MLS# 26006201MLS Provider

1031 Highway 1016Berea, KY 40403

Commercial · 1,560 Sq. ft. | 2.92 Acres
$599,900 Active

1031 Highway 1016 Overview

Time on Site:
95 days
Visits:
1

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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1031 Highway 1016 Facts & Features

  • Type Commercial
  • Sq. ft. 1,560
  • Price/Sq.ft. $385
  • Lot 2.92 Acres

Details

General

Building Information

  • Year Built: 9999

Business Information

  • Business Type: Mixed

Location/Region

  • County Or Parish: Madison
  • MLS Area Major: 008 - Madison County
  • MLS Area Minor: 008 - Madison County
  • Subdivision Name: Downtown

General Information

  • Parcel Number: 0073-0000-0074
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 7880.0
  • Building Area Units: Square Feet

General Information

  • Building Features: Concrete Floor
  • Electric: 200+ Amp Service
  • Living Area: 1560.0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Gravel,Paved

Lot Information

  • Lot Size Acres: 2.917
  • Lot Size Area: 2.92
  • Lot Size Dimensions: See plat attached to listing
  • Lot Size Square Feet: 127064.52
  • Lot Size Units: Acres
  • Number Of Buildings: 6

Building Exterior/Construction

  • Attached Garage: false
  • Roof: Metal,Shingle

General Information

  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Available,Water Connected

1031 Highway 1016 Neighborhood

Community

40403 (Berea) Demographics

37
Median Age
217
Population Density (per sq. mile)
33%
College Educated
$47,703
Estimated Median Income
6,196
Estimated Total Home Owners
3,075
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1031 Highway 1016 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1031 Highway 1016 Market Data

Based on the last 30 days in this zip code

$301,861
Average List Price
$170
Average Price per Square Foot
32
Properties Sold
80
Average Days on Market
160
Properties for Sale
Calculations provided by Reliance Network

1031 Highway 1016 History

Date Event Value Agent
6/5/2026Source: Imagine MLS/Bluegrass Price Reduction
$599,900 -7.7%
3/27/2026Source: Imagine MLS/Bluegrass Added to Database
March 27, 2026