$850,000
Berea, KY 40403
MLS# 23021107
Status: Closed
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Property Description
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)
Details
Listing Information
Comp Sale YN: No
Status Change Information
Status Change Timestamp: 2024-09-11
Purchase Contract Date: 2024-04-02
Close Date: 2024-09-09
Close Price: 850000
Buyer Financing: Conventional
Sale Type: Arms Length Sale
Address
County: Madison
Street Number: 106
Street Name: Fairgrounds
Street Suffix: Road
State: KY
Zip Code: 40403
Parcel Number: B009-0006-0006
Contract
Current Price: $850,000
Original List Price: 975000
Status: Closed
Start Showing Date: 2023-11-01
Listing Contract Date: 2023-11-01
Sold Price: $850,000
Listing Agreement: Exclusive Right To Sell
Occupant Type: Occupied
Office Exclusive YN: No
SP/LP: 0.87
Parking Information
Parking Total: 20
Building
Year Built: 1990
Stories Total: 1
Lot
Lot Size Acres: 0.98
Lot Size Square Feet: 42689
Lot Size Dimensions: 196 x ?
Road Frontage Feet: 229
Remarks
Public Remarks: 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)
Building and Property Details
Building Expansion Potential YN: Yes
Showing Information
Showing Instructions: Showing Time
Tax Legal
MLS Area Major: 008 - Madison County
Subdivision Name: Downtown
Property Features
Utilities: Phone Available; Phone Available
Building Features: Concrete Floor
Business Type: Other
Construction Materials: Block
Docks: None
Electric: 3 Phase
Existing Lease Type: None
Parking Features: Off Site; On Site; Paved
Possession: Close Of Escrow
Roof: Composition; Shingle
Sale Includes: Building(s); Business; Equipment; Fixtures; Furniture; Inventory; Land
Sewer: Public Sewer
Special Listing Conditions: Standard
Documents: Appraisal
Listing Office: Berkshire Hathaway HomeServices Foster Realtors
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.