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Mixed-Use Property with Apartments
New
For Sale
$549,900

113 Lester Street, Berea, KY 40403

Commercial Sale, Berea, KY

Property Size1,500 SF
Lot Size1.21 Acres
Price / SF$366.60
Days on Market2

Property Features for 113 Lester Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Zoning description B-2 commercial and residential
Parking 8
Subdivision Downtown
Directions I-75 to exit 76, travel east approx 1 mile and turn left onto Lester St
Standard status Active
APN B006-0007-0026 and B006-0007-0027
Size 1,500 SF
Lot size 1.21 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2017
Floors in Building 2
Building materials Block
Listing Agency: Century 21 Pinnacle
Listed By: Bradley Warford · License #208360
Added: Aug 28 Last Checked: Aug 29 at 12:06PM
MLS# 26023570

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 mixed-use property at 113 Lester Street includes a 1,500-square-foot commercial area on the main level, with a roughed-in half bath, HVAC, and two 10-by-10-foot garage doors. The upper floor contains two apartments, each configured with two bedrooms and one full bath; both are currently rented. Block construction dates to 2017.

The transaction covers 1.21 acres across two tracts in Berea. The 0.60-acre parcel containing the building is zoned commercial B-2, while the adjoining 0.61-acre tract carries residential zoning. The property has access to public sewer and cable availability.

Key Highlights

  • 1,500‑square‑foot main‑level commercial area
  • Two upper‑level 2‑bedroom, 1‑bath apartments currently rented
  • Two 10'x10' garage doors and HVAC in the business area

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.

Lease Details

Multi-tenant
Tenancy

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?
Mixed-use property - Ground-floor business space pairs with two currently rented apartments.
Where is this mixed-use property located?
The property is located at 113 Lester Street 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: 1,500‑square‑foot main‑level commercial area; Two upper‑level 2‑bedroom, 1‑bath apartments currently rented; Two 10'x10' garage doors and HVAC in the business area
More about this property
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