For Sale
$499,000

512 12Th StMurray, KY 42071

High-traffic retail & warehouse, 12,060 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property at 512 S 12th Street in Murray, Kentucky, presents a lucrative investment opportunity. The 12,060-square-foot building boasts a versatile layout, combining retail and warehouse space, currently operating at 100% occupancy until December 25th. The property features a single-story structure with a convenient 16-space parking lot. The warehouse area includes a two-bay garage, currently used for storage, adding to its functional versatility. The ceiling height ranges from 11 to 14 feet, providing ample space for various uses. The property benefits from a high-traffic location on Murray's south side, surrounded by other commercial businesses, including retail stores, lodging establishments, and restaurants. Significant improvements have been made, including a new roof installed in 2021. The property also features three-phase electric power, enhancing its operational capabilities. Access is facilitated by a shared drive easement with a neighboring carwash. The asking price is $499,000, translating to $41.38 per square foot. This property offers a rare blend of established income and significant potential for future growth in a thriving commercial area. The property is located in Calloway County, Kentucky, zip code 42071.

Highlights

  • 12,060 SF commercial building in Murray, KY, currently 100% occupied until December 25th.
  • Single-story building with 16-space parking lot and a two-bay garage.
  • High ceilings (11-14 ft), three-phase electric, and a new roof (2021).
  • High-traffic location on Murray's south side, near other businesses.
  • Asking price: $499,000 ($41.38/SF).

Property Details for 512 12Th St

Property type
Warehouses, Retail properties
Square Feet
12,060 SF
Buildings
1
Stories
1

Location Insight

City
Murray
County
Calloway
State
Kentucky
Latitude
36.6011369
Longitude
-88.3156844
512 12Th St, Murray, Kentucky

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512 12Th St
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