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Triplex With Commercial Space
New
For Sale
$549,900

113 Lester St, Berea, KY 40403

Mixed-use property combining a commercial storefront with two leased upstairs apartments and separate commercial and residential land components.

Property Size1,500 SF
Price / SF$366.60
Days on Market5

Property Features for 113 Lester St

General Information

Standard status Active
Size 1,500 SF
Property subtype Residential Income
Listing Agency: Century 21 Pinnacle
Listed By: Bradley Warford · License #208360
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 6:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Pinnacle

Investment Insights

Based on property information with market context.

This triplex combines a ground-floor business area with two residential units above. The main level provides 1,500 square feet of commercial space, a roughed-in half bath, HVAC, and two 10-by-10-foot garage doors. Upstairs are two two-bedroom, one-bath apartments that are currently rented.

The transaction includes two land tracts totaling 1.21 acres at 113 Lester St in Berea. The triplex occupies the 0.60-acre tract identified as PVA#B006-0007-0026, which carries B-2 commercial zoning. The additional 0.61-acre tract, identified as PVA#B006-0007-0027, is zoned residential.

Key Highlights

  • Two upstairs apartments, each with 2 bedrooms and 1 full bath, are currently rented
  • 1,500 sq ft ground‑floor business area with HVAC and a roughed‑in half bath
  • Two 10'x10' garage doors serve the commercial level

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Plumbing Service Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

536
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use property combining a commercial storefront with two leased upstairs apartments and separate commercial and residential land components.
Where is this triplex located?
The property is located at 113 Lester St Berea, KY.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two upstairs apartments, each with 2 bedrooms and 1 full bath, are currently rented; 1,500 sq ft ground‑floor business area with HVAC and a roughed‑in half bath; Two 10'x10' garage doors serve the commercial level
More about this property
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