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    Berea, KY Storefront Properties for Sale

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    Prime Retail Location in Berea
    Updated: Jan 14, 2024
    Prime Retail Location in Berea

    310 Richmond Rd N, Berea, KY 40403

    $950,000
    11,923 sqft
    Prime retail location in Berea, KY with high traffic.
    Immediate occupancy and blank canvas for customization.
    Located in a bustling area with many area retailers.
    Unparalleled exposure to potential customers.
    Strategic business advantage in a sought‑after area.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Berea, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Two-Story Storefront
    Historic Two-Story Storefront

    35 Public Square, Lancaster, KY 40444

    $224,900
    4,968 sqft 0.08 AC lot

    Brick commercial building with open retail space, public parking, and central heating and cooling on Lancaster Public Square.

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    Two-Story Storefront Building
    Two-Story Storefront Building

    35 Public Sq, Lancaster, KY 40444

    $224,900
    4,968 sqft

    Open first-floor layout includes restrooms, a dressing room, office, and central heating and air.

    View details
    Multi-Parcel Commercial Land
    Multi-Parcel Commercial Land

    351363 351-363 Big Hill Ave, Richmond, KY 40475

    $699,000
    2,517 sqft

    B-3-zoned commercial land with existing structures, available utilities, and frontage along Big Hill Avenue.

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    Updated Storefront Retail Building
    Updated Storefront Retail Building

    1065 Berea Rd, Richmond, KY 40475

    $420,000
    1,875 sqft 0.24 AC lot

    Open commercial layout with a rear kitchen and office, supported by public sewer service and recent building improvements.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land
    Commercial Development Land

    212 Pauline Drive, Berea, KY 40403

    $279,000
    1.20 AC lot

    Flat commercial parcel with access to electricity, water, sewer, and high-speed internet service.

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    B-2 Commercial Land
    B-2 Commercial Land

    164 E College Avenue, Stanton, KY 40380

    $200,000
    1.10 AC lot

    Vacant B-2-zoned land with accessible utilities near Red River Gorge tourism.

    View details

    Berea, KY Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Berea, KY on our real estate platform. These investment opportunities span a total of 11,923 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for retail units in Berea, KY average $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) +9.9%
    Median Household Income $60,105
    College Educated 46.7%

    High-Yield Neighborhoods for Investment

    Identify Berea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    40403 $950K

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $8.98 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Residential Income

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