For Sale
$499,000

512 12Th St Murray, KY 42071

High-traffic location, excellent investment.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 12,060 square foot commercial property at 512 S 12th Street, Murray, KY, presents a compelling investment opportunity. Situated in a high-traffic area on Murray's south side, this property benefits from its proximity to a variety of established businesses, including retail stores, lodging facilities, and restaurants. Currently occupied by a tenant with a lease expiring December 25th, the property offers immediate income potential. Beyond the main building, a valuable asset is the inclusion of a two-bay garage located on the south side, currently utilized for storage. This versatile space offers additional income potential or could be adapted to suit a variety of needs. The property boasts a recently installed roof (2021), ensuring long-term cost savings and peace of mind. Three-phase electric power is readily available, catering to a wide range of commercial uses. Access is facilitated by a shared drive easement with an adjacent carwash, ensuring convenient ingress and egress. This property is ideally suited for investors seeking a strong return on investment in a thriving commercial district. The combination of existing tenancy, versatile space, and prime location makes this an exceptional opportunity not to be missed.

Property Details for 512 12Th St

Property type
Commercial real estate
Square Feet
12,060 SF

Location Insight

City
Murray
County
Calloway
State
Kentucky
Latitude
36.60145
Longitude
-88.31583

FAQs

What type of property is this?
Commercial real estate - High-traffic location, excellent investment.
Where is the commercial real estate located?
The property is located at 512 12Th St Murray, KY.
What is the asking price?
The asking price for this property is $499,000.
How can I contact the broker?
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512 12Th St
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