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Self Storage Facility with House
For Sale
$499,900

1031 Highway 1016, Berea, KY 40403

Commercial Sale, Berea, KY

Property Size1,560 SF
Lot Size2.92 Acres
Price / SF$320.45
Days on Market190

Property Features for 1031 Highway 1016

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-2
Rooms Basement
Basement Walk-Up Access, Unfinished, Partial, Sump Pump
Subdivision Downtown
Directions From the bypass take the roundabout towards town on HWY 1016 and property will be on the left.
Standard status Active
APN 0073-0000-0074
Size 1,560 SF
Lot size 2.92 Acres

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Floors in Building 1
Roof type Shingle, Metal
Listing Agency: Century 21 Pinnacle
Listed By: Bradley Warford · License #208360
Added: Mar 27 Changed: Oct 2 Last Checked: Oct 2 at 7:06PM
MLS# 26006201

Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This self-storage property combines multiple storage unit buildings with a house on a 2.917-acre parcel. The on-site house adds a separate improvement that may serve as a residence, office, or rental unit, while the storage buildings provide the property’s primary commercial configuration. The house includes a basement, forced-air and natural-gas heating, central air, metal and shingle roofing, cable availability, and septic service.

Located at 1031 Highway 1016 in Berea, the property is just off the Berea Bypass and within city limits. B2 zoning, extensive road frontage, and a level site support customer access, signage, and future development considerations. The property size is listed at 1,560 square feet.

Key Highlights

  • 2.917‑acre level parcel with extensive road frontage
  • Multiple storage unit buildings already on the site
  • On‑site house with basement and flexible use potential

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Dental Office Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

Demographics for 40403, KY

26,994
Population
11,008
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
87%
High-School Grad
111.0 sq mi
ZIP Area
243
Density / Sq Mi
$60,105
Median Household Income
$33,847
Median Earnings
$827
Median Rent
$180,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Self storage facility - B2-zoned property with multiple storage buildings and an on-site house for flexible commercial or residential use.
Where is this self storage facility located?
The property is located at 1031 Highway 1016 Berea, KY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2.917‑acre level parcel with extensive road frontage; Multiple storage unit buildings already on the site; On‑site house with basement and flexible use potential
More about this property
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