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Property profile & analytics
OFF-MARKET
Office Spaces

120 Broadway St Berea, KY 40403-1504

1,034 SF
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US34-1138242
Property summary
AI-generated overview

This exceptional 1,034 square foot commercial property at 120 N Broadway, Berea, KY, presents a unique investment opportunity. Situated on a sizable 0.32-acre lot, this historic building, formerly known as City Hall Jail, offers immense potential for a creative entrepreneur. The charming brick structure boasts ample space ideal for a variety of artistic endeavors, such as painting, jewelry making, or candle crafting – its previous tenant successfully operated a candle and painting business. The building's character and history provide a captivating backdrop for any creative enterprise. The adjacent lot, equally impressive, provides significant outdoor space, perfect for hosting workshops, creating a relaxing picnic area, or establishing an outdoor yoga studio. The possibilities are truly endless. This property is located in the heart of Berea's renowned craft area, ensuring high visibility and access to a thriving artistic community. The asking price is $225,000, representing a compelling investment in a prime location with significant upside potential. Don't miss this chance to own a piece of Berea's rich history and vibrant artistic landscape. This property is ready for its next chapter, and your vision could be the key to unlocking its full potential.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 1,034 SF
APN B006-0015-0052
UPID US34-1138242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Golden Hour Co · 1 yrs held
Golden Hour Co
since 2025
3 recorded transactions
2025
$207,500
2022
Price N/A
2017
$138,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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