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    Morganfield, KY
    Drug Store

    Morganfield, KY Drug Stores for Sale

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    Former Drugstore Redevelopment
    Updated: Apr 11
    Former Drugstore Redevelopment

    408 N Morgan St, Morganfield, KY 42437

    Contact for pricing
    11,057 sqft
    11,057‑square‑foot building formerly operating as a Rite‑Aid/Walgreens drugstore
    Vacant property on North Morgan Street in Morganfield, Kentucky
    Located roughly 2 miles from Route 56 in Western Kentucky
    Route 56 crosses the Ohio River and becomes Route 13 into Missouri
    Available for lease or for creative redevelopment business purposes
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morganfield, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Brick Storefront Property
    Brick Storefront Property

    451 Court St, Wickliffe, KY 42087

    $175,000
    1,520 sqft

    Built in 2011, the property offers a retail-oriented building with prior pharmacy use across from the courthouse.

    View details
    Pharmacy Retail Building
    Pharmacy Retail Building

    409 Court St, Wickliffe, KY 42087

    $149,000
    3,400 sqft

    Former pharmacy property with shelving available and direct positioning across from a courthouse and FCB Bank.

    View details
    Retail
    Retail

    2225 Gallatin Pike N, Nashville, TN 37115

    Contact for pricing
    6,430 sqft 0.26 AC lot

    Drug stores · 6,430 SF

    View details
    Absolute NNN Drugstore
    Absolute NNN Drugstore

    1301 Bell Rd, Nashville, TN 37013

    Contact for pricing

    Walgreens Corporation guarantees the lease, with multiple renewal options extending beyond the initial term.

    View details

    Morganfield, KY Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Morganfield, KY on our real estate platform. These investment opportunities span a total of 11,057 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 1
    Drug stores 1
    Gas stations 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 7,250
    Population Growth (5Y) -15.9%
    Median Household Income $64,464
    College Educated 18.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $30.86 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

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