Live - Work Space

Berea, KY Live-work Space for Sale

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Live-Work Property with Storage Units
Updated: May 8
Live-Work Property with Storage Units

1031 Highway 1016, Berea, KY 40403

$499,900
7,880 sqft 2.92 AC lot
B2‑zoned commercial property in Berea, KY, located just off the Berea Bypass.
Nearly 2.917‑acre level lot with extensive road frontage for signage and customer access.
Multiple storage unit buildings on site, providing an immediate revenue stream.
On‑site house adds flexibility for use as a residence, business office, or rental unit.
Property is within city limits and offers a live/work setup with room to grow.
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Live-Work Space with Full Basement
Updated: Jul 28
Live-Work Space with Full Basement

2428 Big Hill Rd, Berea, KY 40403

$340,000
2,215 sqft
Live‑work setup with residential living included
2,215 sq ft PLUS a full basement for additional storage or workspace
Full basement not included in listed square footage
Zoned commercial with a flexible layout
High‑traffic location with excellent visibility
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Mixed-Use Property with Loft
Mixed-Use Property with Loft

118 Lester Street, Berea, KY 40403

$349,000
0.24 AC lot

Updated commercial building with private parking and space suited to varied business uses.

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Mixed-Use Property with Office Layout
Mixed-Use Property with Office Layout

1315 Gabbardtown Road, Berea, KY 40403

Contact for pricing
5,000 sqft

UC-1-zoned property with a layout historically used for office space.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Berea, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Live-Work Property
Historic Live-Work Property

219 S 4th Street, Danville, KY 40422

$499,900
4,685 sqft 0.37 AC lot

Two-level layout combines an established business setting with living quarters that can be completed with modifications.

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Two-Story Live-Work Property
Two-Story Live-Work Property

4418 Main Street, Clay City, KY 40312

$250,000
2,400 sqft 0.14 AC lot

Flexible commercial layout with office space below and an upper-level apartment configuration.

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Two-Story Live-Work Property
Two-Story Live-Work Property

4418 Main St, Clay City, KY 40312

$250,000
2,400 sqft

Flexible commercial layout with separate office and residential configurations, multiple entrances, and dedicated HVAC for each level.

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Historic Live-Work Property
Historic Live-Work Property

219 S 4th St, Danville, KY 40422

$499,900
4,685 sqft

Two-level configuration supports a commercial operation on the first floor with living quarters above.

View details

Berea, KY Live-Work Space Market Trends and Statistics

Explore 4 live-work space for sale in Berea, KY, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 15,095 square feet of properties for sale, with an estimated market value of $1,188,900.

Sale prices for live-work properties in Berea, KY start at $340,000, averaging $396,300, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 4
Office buildings 1

Demographics Overview

Population 28K
Population Growth (5Y) +9.9%
Median Household Income $60,105
College Educated 46.7%

High-Yield Neighborhoods for Investment

Identify Berea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
40403 $396.3K

Taxes & Financing

Tax Rate (average for all types) 1.04%
Property Tax per SF $8.98 per SF
Tax Rate vs County Average 0.05 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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