408 N 12th Street, Murray, KY 42071 (MLS# 26017636)

408 N 12th Street, Murray, KY 42071

$1,100,000

Property Type: Commercial Sale Square Footage: 5,088 Lot Size (sq. ft.): 26,136 Status: Contingent

Current Price: $1,100,000 List Date: 7/11/2026 Last Modified: 7/11/2026

Overview

Description

Prime Commercial Location at Murray's Busiest Intersection! Located at the highly visible intersection of 12th and Chestnut St in Murray, this property includes the old Pizza Hut building which features 2,176 sq ft of restaurant space as well as 2,912 sq ft retail location next door. The large .69 acre lot has over 219 feet of frontage on N 12th St as well over 88 feet of frontage on Chestnut St. Property is zoned B-2 Highway Business District with a wide range of permitted usage including restaurant with drive-through, retail, office, medical, and more. This tract would make an excellent redevelopment opportunity or use of the existing building. Close to restaurants, retail, and Murray State University on Murray's main thoroughfare!

Listing Details MLS# 26017636

Listing Information

Comp Sale YN: No
Property Sub Type: Retail

Status Change Information

Status Change Timestamp: 2026-07-11
Purchase Contract Date: 2026-05-01

Address

County: Calloway
Street Number: 408
Street Direction Prefix: N
Street Name: 12th
Street Suffix: Street
State: KY
Zip Code: 42071
Zip +4: 1954
Parcel Number: 006-0-0002-0001B

Contract

Original List Price: 1100000
Start Showing Date: 2026-07-11
Listing Contract Date: 2026-05-01
Listing Agreement: Exclusive Right To Sell
Owner Name: JRM TRUST
Office Exclusive YN: No
List Price/SqFt: 216.19

Tax Legal

MLS Area Major: 114 - Calloway County

Interior

Living Area: 2912
Living Area Units: Square Feet
Building Area Total: 5088
Building Area Source: Public Records
Building Area Units: Square Feet

More Information

Building

Year Built: 9999
Accessibility Features YN: No

Lot

Lot Size Acres: 0.6
Lot Size Square Feet: 26136

Remarks

Public Remarks: Prime Commercial Location at Murray's Busiest Intersection! Located at the highly visible intersection of 12th and Chestnut St in Murray, this property includes the old Pizza Hut building which features 2,176 sq ft of restaurant space as well as 2,912 sq ft retail location next door. The large .69 acre lot has over 219 feet of frontage on N 12th St as well over 88 feet of frontage on Chestnut St. Property is zoned B-2 Highway Business District with a wide range of permitted usage including restaurant with drive-through, retail, office, medical, and more. This tract would make an excellent redevelopment opportunity or use of the existing building. Close to restaurants, retail, and Murray State University on Murray's main thoroughfare!

Tax & Legal

Tax Rate: 1.3476
Zoning: B-2
Zoning Description: B-2 Highway Commercial
Directions: From 12th and Main St, take 12th St north. Property is on the right.

Association/Community

Number Of Buildings: 2

Utilities

Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Parking Features

On Site: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Showing Considerations

Electricity Not On: Yes

Business Type

Food & Beverage: Yes
Retail: Yes

Sale Includes

Building(s): Yes
Land: Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Business Type: Food & Beverage; Retail Parking Features: On Site Possession: Close Of Escrow Sale Includes: Building(s); Land Sewer: Public Sewer Showing Considerations: Electricity Not On Showing Requirements: Call Listing Agent; Showing Service

Listing Office: Kopperud Realty

Last Updated: July - 11 - 2026

Information deemed reliable but not guaranteed.