For Sale
$595,000

1762 Big Hill RdBerea, KY 40403

Retail, storage, & land; 23,422 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
117
This Berea, KY estate sale presents a unique investment opportunity encompassing 23,422 square feet on approximately 4 acres. The property includes nine buildings, constructed in the 1940s and 1970s, with renovations completed in 2009, featuring thermal windows in aluminum frames. The main retail building offers 5,887 square feet of space with wooden and concrete floors. A significant component is the 125 self-storage units totaling 14,873 square feet, comprised of various sizes (72-10x10, 20-10x15, 8-12x20, and 25-5x10). Additionally, there's a 2,662 square foot service garage/warehouse and a 36'x60' wooden pole barn. The property boasts 15 asphalt parking spaces and gravel driveways, with potential for expansion. Included in the sale are two forklift trucks, assorted farm and construction tools, store fixtures, and some older wooden furniture. The property is zoned UD-4 (General Commercial) and is located within Berea city limits, though it's noted that Tract 1 has 1.6 acres per survey and Tract 2 has an estimated 2.4 acres. Please note: this property is located in a flood plain (FEMA Map# 21151C0359C, October 2, 2012). An appraisal is available upon request with a signed NDA. Buyer and/or buyer's agent are responsible for verifying lot size and building square footage. The business has been inactive since early 2021, and no profit and loss statements are available. This is an estate sale.

Highlights

  • $595,000 asking price for a retail and self-storage property in Berea, KY.
  • 14,873 square feet of net rentable space, comprised of 125 self-storage units.
  • Additional 7,549 square feet of space includes a service garage/warehouse and retail building.
  • Located on a 4-acre lot with 15 parking spaces.
  • Property features nine buildings, including a pole barn, renovated in 2009.
  • Zoned UD-4 (General Commercial) in Berea, KY.

Property Details for 1762 Big Hill Rd

Property type
Retail properties, Self storage facilities
Square Feet
23,422 SF
Year Built/Renovated
1940/2009
Buildings
9
Stories
1
Lot Size (sq. ft)
174,240 SF
Units
125

Location Insight

City
Berea
County
Madison
State
Kentucky
Latitude
37.563980849848
Longitude
-84.259849933811
1762 Big Hill Rd, Berea, Kentucky

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1762 Big Hill Rd
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