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Mixed-Use Building With Loft
New
For Lease
$1,900/Mo

118 Lester Street, Berea, KY 40403

Ground-floor commercial space includes a loft, private parking, and updated building systems and finishes.

Space Size3,000 SF
Lot Size0.24 Acres
Days on Market5

Property Features for 118 Lester Street

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Lot size 0.24 Acres
Property subtype Office
Zoning B-3
Lease Type Modified Gross
Lease Term MG

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Floor Ground Floor
Space Use Office
Sublease No

Lease Terms

Lease Rate $1,900 /USD/MO
Total Rate $1,900
Monthly Rent $1,900
Rent per SF/Year $7.60

Amenities

private parking lot

Spaces For Lease

at 118 Lester Street Contact us

118 Lester Street $1,900/Mo

Size
3,000 SF
Term
Negotiable
Contact us
Listing Agency: SVN Stone Commercial Real Estate
Listed By: Neal Metcalfe · License #217705
Source: Svnstone
Added: Sep 18 Last Checked: Sep 21 at 4:47AM

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 SVN Stone Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 118 Lester Street in Berea, Kentucky, this mixed-use property provides approximately 3,000 square feet on the ground floor within a 0.24-acre site. The layout includes a loft that can serve as an apartment or living quarters for a manager or staff member, along with a private parking lot.

Property improvements include updated electrical service, windows, lighting, drywall, and exterior paint. The drywall was updated in 2023. The building’s combination of commercial floor area, loft space, and on-site parking supports a range of office, retail, and other mixed-use configurations.

Key Highlights

  • ± 3,000 SF ground floor on 0.24 acre site
  • Loft space configured for apartment or staff living use
  • Private parking lot

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Real Estate Agency HVAC Service Plumbing Service

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

NNN (Triple Net)
Lease Type
$1.14 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

502
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space includes a loft, private parking, and updated building systems and finishes.
Where is this mixed-use property located?
The property is located at 118 Lester Street Berea, KY.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: ± 3,000 SF ground floor on 0.24 acre site; Loft space configured for apartment or staff living use; Private parking lot
More about this property
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