Central City, KY Commercial Real Estate for Sale

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Mixed-Use Building with Restaurant
Updated: Jul 24
Mixed-Use Building with Restaurant

637 S 2nd Street, Central City, KY 42330

$2,500,000
2,160 sqft 0.97 AC lot
2,160‑square‑foot mixed‑use building on 0.971 acres
Restaurant area leased on a ten‑year triple‑net term
6.5% cap rate associated with the restaurant lease
Convenience‑store area includes the majority of equipment and is ready for occupancy
A few hundred feet from I‑69/Western Kentucky Parkway exit 58
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Industrial Property with Heavy-Duty Storage
Updated: Jul 15
Industrial Property with Heavy-Duty Storage

288 Premium Drive, Central City, KY 42330

$1,750,000
37,000 sqft 48.11 AC lot
48.11‑acre industrial property with more than 25 acres of well‑graveled land
37,000 SF steel‑frame facility built in 1995
4,000‑amp electrical service, sprinkler system, fiber optic internet, and 2" looped air line
Three heavy‑duty concrete storage bins with loading ramp
CSX rail line parallels the property; potential rail siding access
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Commercial Land with Existing Building
Commercial Land with Existing Building

501 E Second Avenue, Central City, KY 42330

$169,900
1,000 sqft 2.71 AC lot

Commercial land offering an existing serviceable block structure, utility connections, paved access, and a fenced stone yard.

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Convenience Store with Restaurant
Convenience Store with Restaurant

637 S 2nd St, Central City, KY 42330

$2,500,000
2,160 sqft

Combined retail and restaurant property with equipment in place and a ten-year triple-net lease on the restaurant portion.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

401 E Second Avenue, Central City, KY 42330

$42,500
0.75 AC lot

Parcel fronts E Second Avenue in Central City.

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Industrial Warehouse with Rail Access
Industrial Warehouse with Rail Access

288 Premium Dr, Central City, KY 42330

$1,750,000
37,000 sqft 48.00 AC lot

Large industrial facility with substantial yard area, heavy electrical capacity, office space, and specialized site improvements.

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Commercial Land with Parkway Access
Commercial Land with Parkway Access

Central City, KY 42330

$505,000

Three improved lots provide drainage and utility access within a newly developed commercial area.

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Retail Space With Paved Parking
Retail Space With Paved Parking

1418 W Reservoir Ave, Central City, KY 42330

$105,000

Retail property with a paved parking lot and access near Everly Brothers Blvd.

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Versatile Land in Central City
Versatile Land in Central City

484 Phillip Stone Way, Central City, KY

Contact for pricing
20.00 AC lot

Commercial/residential land with development potential in Central City, Kentucky.

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Concrete Block Retail Building
Concrete Block Retail Building

4100 Highway 431 N, Central City, KY 42330

$73,900

Concrete block retail building with main event room, corner stage area, private office, two bathrooms, and new HVAC.

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Commercial Lots for Development
Commercial Lots for Development

647 South 2nd Street, Central City, KY 42330

$80,000

Three commercial lots ideal for development opportunities.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Central City, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Storefront Property
Remodeled Storefront Property

2007 W Everly Brothers Boulevard, Powderly, KY 42367

$319,900
1,683 sqft

Flexible commercial space with private office, conference room, kitchenette, restroom, and storage.

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Remodeled Retail Building
Remodeled Retail Building

2007 W Everly Brothers Boulevard, Powderly, KY 42367

$319,900
0.57 AC lot

Flexible commercial space with office amenities, a kitchenette, patio, and public water service.

View details
Main Street Commercial Investment Property
Main Street Commercial Investment Property

425 Main St, Greenville, KY 42345

$290,000
4,025 sqft 0.65 AC lot

COMMERCIAL INVESTMENT PROPERTY!

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Main Street Car Wash
Main Street Car Wash

425 Main St, Greenville, KY 42345

$290,000
4,025 sqft 0.65 AC lot

COMMERCIAL INVESTMENT PROPERTY!

View details

Off-Market Properties in Central City, KY

Consider similar Off-Market properties in Central City, KY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

219 2nd St
GROCERY, SUPERMARKET

219 2nd St, Central City, KY 42330-1205

Estimated value:
$755,000
15,456 sqft 2.61 AC lot
View details
133 Broad St
RESTAURANT

133 Broad St, Central City, KY 42330-1515

Estimated value:
$145,000
1,248 sqft 0.07 AC lot
View details
609 2nd St
RESTAURANT

609 2nd St, Central City, KY 42330-1701

Estimated value:
$875,000
4,144 sqft 1.18 AC lot
View details
116 Locust St
OFFICE BUILDING

116 Locust St, Central City, KY 42330-1554

Estimated value:
No data
2,288 sqft 0.07 AC lot
View details
1601 Everly Brothers Blvd
COMMERCIAL (GENERAL)

1601 Everly Brothers Blvd, Central City, KY 42330-2707

Estimated value:
$65,000
View details
Us Hwy 62nd E
COMMERCIAL (GENERAL)

Us Hwy 62nd E, Central City, KY 42330

Estimated value:
No data
21.06 AC lot
View details
3981 Us Hwy 62nd E
AUTO REPAIR, GARAGE

3981 Us Hwy 62nd E, Central City, KY 42330-5506

Estimated value:
$65,000
1,400 sqft 0.61 AC lot
View details
510 5th St
AUTO REPAIR, GARAGE

510 5th St, Central City, KY 42330-1644

Estimated value:
$60,000
0.17 AC lot
View details
218 Phillip Stone Way
RETAIL STORES (PERSONAL SERVICES)

218 Phillip Stone Way, Central City, KY 42330-1929

Estimated value:
$50,000
4.26 AC lot
View details
221 Phillip Stone Way
COMMERCIAL (GENERAL)

221 Phillip Stone Way, Central City, KY 42330-1930

Estimated value:
$440,000
7.38 AC lot
View details
111 2nd St
TAKE-OUT RESTAURANT

111 2nd St, Central City, KY 42330-1505

Estimated value:
$1,905,000
1,700 sqft 0.41 AC lot
View details
1601 Everly Brothers Blvd
COMMERCIAL (GENERAL)

1601 Everly Brothers Blvd, Central City, KY 42330-2707

Estimated value:
$80,000
1.02 AC lot
View details
205 1st St
RETAIL STORES (PERSONAL SERVICES)

205 1st St, Central City, KY 42330-1201

Estimated value:
$70,000
6,695 sqft 0.20 AC lot
View details

Central City, KY Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Central City, KY, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 79,320 square feet of properties for sale, with an estimated market value of $9,476,300.

Sale prices for business properties in Central City, KY start at $42,500, averaging $947,630, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 9,354
Population Growth (5Y) +4.4%
Median Household Income $47,904
College Educated 11.2%

High-Yield Neighborhoods for Investment

Identify Central City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
42330 $868.6K

Taxes & Financing

Tax Rate (average for all types) 0.96%
Property Tax per SF $11.70 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Muhlenberg County

New Delisted

Total CRE Inventory on Market (SF)

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