Gail Popovitz

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Listing provided courtesy of Elite Realty- MLS# 26014663MLS Provider

808 Chestnut StreetMurray, KY 42071

Commercial · 11,922 Sq. ft. | 0.49 Acres
$1,199,000 Active

808 Chestnut Street Overview

Time on Site:
6 days
Visits:
0

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!!

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808 Chestnut Street Facts & Features

  • Type Commercial
  • Sq. ft. 11,922
  • Price/Sq.ft. $101
  • Lot 0.49 Acres

Details

General

Building Information

  • Year Built: 9999

Business Information

  • Business Type: Commercial,Restaurant,Retail

Location/Region

  • County Or Parish: Calloway
  • MLS Area Major: 114 - Calloway County
  • MLS Area Minor: 114 - Calloway County
  • Subdivision Name: Commercial

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Sewer,Water

General Information

  • Parcel Number: T2500494847
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: Other

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 11922.0
  • Building Area Units: Square Feet

General Information

  • Basement: false
  • Building Features: Kitchen Facilities,Concrete Floor
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: On Site,Paved,Open
  • Parking Total: 51.0

Lot Information

  • Lot Size Acres: 0.487
  • Lot Size Area: 0.49
  • Lot Size Square Feet: 21213.72
  • Lot Size Units: Acres
  • Number Of Buildings: 1

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block,Brick
  • Roof: Flat,Metal,Rubber,Tar/Gravel

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Connected,Phone Available,Water Available

808 Chestnut Street Neighborhood

Community

42071 (MURRAY) Demographics

34
Median Age
145
Population Density (per sq. mile)
40%
College Educated
$40,908
Estimated Median Income
7,469
Estimated Total Home Owners
5,271
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

808 Chestnut Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

808 Chestnut Street Market Data

Based on the last 30 days in this zip code

$445,599
Average List Price
$163
Average Price per Square Foot
0
Properties Sold
24
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

808 Chestnut Street History

Date Event Value Agent
6/23/2026Source: Imagine MLS/Bluegrass Added to Database
June 23, 2026