1300 16Th StMurray, KY 42071

Property Details for 1300 16Th St

Lot size

1.64 AC

Property type

Commercial real estate

APN

041-0-0120-Z

APU

04100120Z

Description

This exceptional 7,728 square foot commercial building in Murray, Kentucky, presents a unique investment opportunity. Currently configured as a thriving event center, the property boasts a versatile floor plan ideal for a multitude of uses. The expansive interior includes a large entertainment and dining area seamlessly integrated with a fully equipped bar and food service station. A substantial commercial kitchen, complete with ample freezer space, is perfectly suited for restaurant or catering operations. A generously sized banquet room features a dedicated performance stage and a striking glass overhead door leading to a well-lit patio area. The property sits on a sizable 1.6-acre lot, ensuring ample parking for patrons and employees. Its B-2 Highway Commercial zoning allows for a wide array of potential business ventures. Benefitting from a highly visible location near Murray State University, Lowe's, and a vibrant cluster of shops and restaurants, this property offers unparalleled accessibility and exposure. The building is also available for lease at a monthly rate of $6,000. This is a rare chance to acquire a well-established, versatile commercial property in a thriving Kentucky market.

• Alternative Use

  Use

  Valuation

  Residential

  $18,690,664

  Hospitality

  $17,120,548

  Educational

  $14,244,094

  Medical

  $14,733,971

  Retail

  $22,157,480

Location Insight

City

Murray

County

Calloway

State

Kentucky

Latitude

36.6269

Longitude

-88.3238

CBSA code

34660

CBSA name

MURRAY, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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