207 N Broadway St Berea, KY 40403
For Sale
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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.
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In Cahoots Mercantile Department Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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