101 Water St Berea, KY 40403
- Distribution centers
- 1,316 SF
- 1.25 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 101 Water St
- Lot size
- 1.25 lot acres
- Property size
- 1,316 SF
- Property type
- Distribution centers
Description
This exceptional Berea, KY commercial property presents a unique investment opportunity. Located at 101 Water Street, this 1.25-acre lot features two buildings totaling 1,316 square feet, currently configured as a warehouse and office space. The property is zoned B2, offering flexibility for a variety of commercial uses. Its prime location at the intersection of Hwy 1016 and Water Street ensures high visibility and accessibility, with an estimated 10,000 cars passing daily. The existing structures, including a house and garage, could be repurposed or removed to accommodate a new business. This high-traffic location is ideal for a range of commercial ventures, including retail, restaurants, or other businesses seeking maximum exposure. The asking price is $449,000. This property offers significant potential for growth and return on investment in a thriving Kentucky community. The property's existing buildings provide immediate utility, while the ample lot size allows for expansion or redevelopment. This is a rare opportunity to acquire a well-situated commercial property in a desirable location with high daily traffic counts. The property is located in Madison County, KY, zip code 40403.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berea
- County
- Madison
- State
- Kentucky
- Longitude
- -84.2740474
- Latitude
- 37.5858608
