107 Jane St Berea, KY 40403
- Commercial real estate
- 0.61 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 107 Jane St
- Lot size
- 0.61 lot acres
- Property type
- Commercial real estate
- APN
- B002-0003-0003
- APU
- B00200030003
Description
This exceptional 0.61-acre commercial land parcel, located at 107 Jane Street in Berea, Kentucky, presents a unique investment opportunity. Zoned B-4, this property offers significant potential for retail development. The site is ideally situated next to Central Bank and Walmart, benefiting from high visibility and traffic flow at Berea's main retail interstate exit. Utilities are already on-site, and the land is level, simplifying development. A previously approved plan exists for a 4,136 square foot multi-tenant building, though a build-to-suit option is also available. The property is offered for ground lease or build-to-suit arrangements, providing flexibility for prospective developers. The property's location at the main interstate exit ensures high visibility and accessibility for businesses. The Madison County location (APN B002-0003-0003) offers a strong foundation for a successful retail venture. This is a rare chance to acquire a prime retail site in a thriving Kentucky community. Note that information regarding alcohol sales by restaurants in Berea is based on data from October 2015 and may be subject to change. Interested parties should conduct their own due diligence to verify current regulations.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berea
- County
- Madison
- State
- Kentucky
- Longitude
- -84.3111
- Latitude
- 37.5669
- CBSA code
- 40080
- CBSA name
- RICHMOND-BEREA, KY MICROPOLITAN STATISTICAL AREA