808 Chestnut St, Murray, KY 42071

$1,199,000

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List Price
$1,199,000
Status
ACTIVE
Days on Market
88
MLS#
26014663
Subtype
Commercial Sale
Year Built
9999
Lot Size
21,213
Acres
0.49
Subdivision
Commercial
Neighborhood
114 - Calloway County
MLS Area Major
114 - Calloway County

Property 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!!

Additional Information

Zoning
Other
Heating
Natural Gas
Air Conditioning
Central Air, Electric, Multi Units
Roof
Flat, Metal, Rubber, Tar/Gravel
Parking Features
On Site, Paved, Open

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lindy Knight of Elite Realty.