106 Fairgrounds Road Berea, KY ^$ 975,000

106 Fairgrounds Road

^$ 975,000

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106 Fairgrounds Road

Berea, KY, 40403

^$ 975,000

Studio Baths0.0

Monthly Estimate*

^$ 6,480

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Studio

Commercial Property for sale in Berea, KY

for $975,000. This building was built in 1990 on a lot size of 0.98.

Very Successful Business and Real Estate Buildings. Seller has operated this profitable business for 17 years, and now is retiring due to illness. Real Estate consists of 3 buildings. #106 consists of office, clean up bay and body and frame shop. #110 consists of paint room and paint primer shop. #109 Body Shop and 108 Body-PDR Shop. The 3rd structure consists of 11 Storage units in adjoining buildings. Business shows a great net income, P&L's are available. Great location off the Berea Strip (US 25). short distance to By-pass to Exit 77 (I-75)

Commercial Pending

Price

^$ 975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.98

Year Built

1990

Town/City

Berea

County/Region

Madison

MLS | Web ID

23021107

Features

General

Sewer Public Sewer

Lease Type None

Utilities Telephone

Possession Close of Escrow

Roof Composition Shingle

Parking 11 - 20 Spaces Off Site On Site Paved

Sprinklers None

Year Built 1990

Subdivision Downtown

County Madison

Tax Rate 0.0107

Business Type Other

Property Type C

Area 008 - Madison County

Terms Sale

Construction Materials Block

Directions Located off the Strip in Berea (US 25) on Fairgrounds Road.

City Berea

Street Name Fairgrounds

Exterior

Docks None

Number of Buildings 3

Interior

Stories One

Street Suffix Road

* Excluded Features

List By

Berkshire Hathaway Homeservices Foster Realtors

Broker

dfoster@donfoster.com

Affordability Calculator

$6,480

Per Month

Monthly Principal & Interest: $6,480
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Berea, KY

Average List Price ^$565,214

Percent of Sale Price 42%

About Berea, KY

14,262 Population

24% Since 2002

^$41,900 Median Income

34.74 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

458656 Elementary School

458772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/1/2023	$975,000		Listed Price

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106 Fairgrounds Road, Berea, KY, 40403 is a Commercial Property for sale at $975,000 with a lot size of 0.98. 106 Fairgrounds Road is a studio with 0.0 baths and was built in 1990. The property's zip code is 40403 which is in Berea, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of Bluegrass REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bluegrass REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/29/2024.

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106 Fairgrounds Road

Commercial Property for sale in Berea, KY

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