808 Chestnut Street,Murray, KY 42071
Murray, KY 42071
Description
INVESTMENT OPPORTUNITY IN A PRIME LOCATION!! Positioned in a high-traffic corridor on Chestnut Street, this fully leased shopping center is a standout opportunity for investors seeking immediate income and long-term growth. The property features four total units, including a well-established restaurant and three retail spaces - offering a diverse tenant mix. With consistent occupancy and one flexible month-to-month lease, this asset provides both stability and upside potential. Situated on 1.38 acres in the heart of Murray, the property benefits from excellent visibility, surrounded by a thriving commercial district filled with popular shops and dining destinations. Just minutes from Murray State University, this location draws from a strong and reliable customer base, making it an ideal addition to any investment portfolio. INCOMEPRODUCING, STRATEGICALLY LOCATED, and full of potential - this is the opportunity you've been waiting for!!
Details
| MLS # | 26014663 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 63 |
| Listing Provided By | Elite Realty | Lindy Knight |
Features
| SQ Feet | 11,922 |
|---|---|
| Building(s) | 1 |
| Zoning | Other |
| Acreage | 0.49 |
Interior
| Cooling | Central Air, Electric, Multi Units |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat, Metal, Rubber, Tar/Gravel |
|---|---|
| Construction Materials | Block, Brick |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Open, Paved |
Utilities
| Utilities | Electricity Available, Natural Gas Connected, Phone Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Area Information
| State | KY |
|---|---|
| County | Calloway |
| City | Murray |
| Zip Code | 42071 |
| Area | 114 Calloway County |
| Subarea | Calloway County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,199,000 low | high Med: $39,999 sqft: 11,922 low | high Med: 845 $ / sqft: $101 low | high Med: $47 On site: 63 low | high Med: 43 | |
Market Activity 42071
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Learn More About This Property
| State | KY |
|---|---|
| County | Calloway |
| City | Murray |
| Zip Code | 42071 |
| Area | 114 Calloway County |
| Subarea | Calloway County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $1,199,000 low | high Med: $39,999 sqft: 11,922 low | high Med: 845 $ / sqft: $101 low | high Med: $47 On site: 63 low | high Med: 43 | |