808 Chestnut Street, Murray, KY 42071 (MLS# 26014663)

808 Chestnut Street, Murray, KY 42071

$1,199,000

Property Type: Commercial Sale Square Footage: 11,922 Lot Size (sq. ft.): 21,214 Status: Active

Current Price: $1,199,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

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!!

Listing Details MLS# 26014663

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-06-23

Address

County: Calloway
Street Number: 808
Street Name: Chestnut
Street Suffix: Street
State: KY
Zip Code: 42071
Zip +4: 1940
Parcel Number: T2500494847

Contract

Original List Price: 1199000
Start Showing Date: 2026-06-23
Listing Contract Date: 2026-03-20
Listing Agreement: Exclusive Right To Sell
Owner Name: Miscellaneous
Occupant Type: Occupied
Office Exclusive YN: No
List Price/SqFt: 100.57

Tax Legal

MLS Area Major: 114 - Calloway County
Subdivision Name: Commercial

Interior

Living Area Units: Square Feet
Building Area Total: 11922
Building Area Source: Owner
Building Area Units: Square Feet

More Information

Parking Information

Parking Total: 51

Building

Basement YN: No
Year Built: 9999
Stories Total: Yes
Accessibility Features YN: Yes

Lot

Lot Size Acres: 0.487
Lot Size Square Feet: 21213.72

Utilities

Cooling YN: Yes
Heating YN: Yes
Electricity Available: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Water Available: Yes

Remarks

Public Remarks: 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!!

Tax & Legal

Tax Rate: 1.3476
Zoning: Other
Zoning Description: B-2 Highway Business District
Directions: From intersection of 12th St. and Chestnut,travel East on Chestnut, property on left.

Association/Community

Number Of Buildings: 1

Construction Materials

Block: Yes
Brick: Yes

Cooling

Central Air: Yes
Electric: Yes
Multi Units: Yes

Heating

Natural Gas: Yes

Parking Features

On Site: Yes
Open: Yes
Paved: Yes

Possession

Close Of Escrow: Yes

Roof

Flat: Yes
Metal: Yes
Rubber: Yes
Tar/Gravel: Yes

Sewer

Public Sewer: Yes

Building Features

Concrete Floor: Yes
Kitchen Facilities: Yes

Business Type

Commercial: Yes
Restaurant: Yes
Retail: Yes

Sale Includes

Building(s): Yes
Land: Yes
Leases: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Showing Requirements

Call Listing Agent: Yes

Property Features

Utilities: Electricity Available; Natural Gas Connected; Phone Available; Water Available; Electricity Available; Natural Gas Connected; Phone Available; Water Available Building Features: Concrete Floor; Kitchen Facilities Business Type: Commercial; Restaurant; Retail Construction Materials: Block; Brick Cooling: Central Air; Electric; Multi Units Heating: Natural Gas Parking Features: On Site; Open; Paved Possession: Close Of Escrow Roof: Flat; Metal; Rubber; Tar/Gravel Sale Includes: Building(s); Land; Leases Sewer: Public Sewer Tenant Pays: Electricity; Gas; Sewer; Water Showing Requirements: Call Listing Agent

Documents

Improvements ›

Aerial and Plat ›

Leases ›

Listing Office: Elite Realty

Last Updated: June - 23 - 2026

Information deemed reliable but not guaranteed.