113 Lester St 3,000 SF 50% Leased Retail Building Berea, KY 40403 $549 ($0.18/SF)

Rare opportunity to acquire a mixed-use triplex property in downtown Berea featuring income-producing residential units and flexible commercial space on a combined 1.21 acres across two parcels. The property offers a unique blend of current rental income and future redevelopment or owner-user potential in one of Madison County's established commercial districts.
The main level includes approximately 1,500 square feet configured for commercial use with a roughed-in half bath, two 10' x 10' garage doors, HVAC service, and a layout suitable for a variety of business operations. The commercial component benefits from B-2 Commercial zoning and provides flexibility for retail, service, office, workshop, or other permitted commercial uses.
Above the commercial space are two residential apartments, each featuring two bedrooms and one full bathroom. Both units are currently occupied, providing in-place rental income and supporting the property's mixed-use investment profile.
The offering includes two separate tracts. Parcel PVA#B006-0007-0026 contains the triplex improvements on approximately 0.60 acres and is zoned B-2 Commercial. Parcel PVA#B006-0007-0027 contains approximately 0.61 acres and is zoned Residential. The combination of commercial and residential zoning creates multiple possibilities for future use, expansion, redevelopment, or long-term hold strategies, subject to local regulations and approvals.