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Property profile & analytics
FOR SALE
Commercial real estate

207 N Broadway St Berea, KY 40403

7,660 SF
Entity Owned 3-yr Hold Free & Clear
Property ID
US34-1445483
Property summary
AI-generated overview

This exceptional commercial property, located at 207 N Broadway in Berea, Kentucky's charming Old Town, presents a unique opportunity for businesses seeking a versatile and strategically positioned space. The building boasts a substantial 9,012 square feet, intelligently divided into a spacious 7,208-square-foot warehouse area and a well-appointed 1,804-square-foot section perfectly suited for office or retail use. Its B2 zoning classification unlocks a wide array of potential business applications, ensuring flexibility for diverse operational needs. The property's significant size and layout offer ample room for expansion or the establishment of a substantial business presence. Three-phase electric power is already installed, eliminating the need for costly upgrades and ensuring sufficient power for even the most demanding operations. Two conveniently located bathrooms cater to both employees and customers. The building benefits from an attractive street frontage, ensuring high visibility and easy accessibility for clients and customers. Situated on a 0.3-acre lot, this property offers a blend of space and prime location within a thriving community, making it an ideal investment for businesses seeking growth and success in Berea, Kentucky. The asking price is $449,500.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 7,660 SF
APN B006-0010-0004
UPID US34-1445483
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
Current use
Occupant on record · Public records
  • In Cahoots Mercantile Department Store Grocery & Convenience Store
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
Dreaming Creek Holdings LLC · 3 yrs held
Dreaming Creek Holdings LLC
since 2023
Last sale
$325,000
3 recorded transactions
2023
Price N/A
2023
$325,000
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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