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Multi-Building Mixed-Use Property
For Sale
$3,595,000

385 Outlet Ave, Eddyville, KY 42038

Commercial/Industrial, 1 Story, Eddyville, KY

Property Size159,423 SF
Lot Size16.77 Acres
Price / SF$22.55
Days on Market74

Property Features for 385 Outlet Ave

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits
Directions From I-24 Heading South, take Exit 40 toward Eddyville on US 62/641. Continue about 2 miles, then turn left onto Outlet Ave. Follow Outlet Ave to 385 Outlet Ave, located in the former Eddyville Outlet Center complex.
Subdivision Lyon
Standard status Active
Lot size 16.77 Acres

Utilities

Water source Public

Amenities

paved parking
flexible floorplans
multiple building configurations

Building Details

Floors in Building 1
Building materials Concrete Block, Steel
Roof type Metal
Architectural style Other
Listing Agency: Housman Partners Real Estate
Listed By: Jessica Housman · License #201474
Added: Jun 30 Changed: Aug 21 Last Checked: Sep 11 at 5:06PM
MLS# 137551

Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises approximately 159,423 square feet across seven buildings on 16.77 acres. The campus includes concrete block and steel construction, metal roofs, paved parking, public water, commercial zoning, and varied floorplans. Multiple building configurations support a broad range of commercial formats, including retail, office, warehouse, distribution, entertainment, educational, medical, and mixed-use operations.

The property is accessed from US Hwy 62 and KY Hwy 93, with I-24 nearby. More than 56,000 square feet is currently leased, while additional space remains available for occupancy. The scale, existing leased area, and combination of building types create a substantial commercial campus in Eddyville.

Key Highlights

  • Approximately 159,423 SF across 7 commercial buildings
  • 16.77‑acre commercial campus in Eddyville, KY
  • Access from US Hwy 62 and KY Hwy 93; I‑24 is nearby

Property Analytics

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Current Use

Eddyville Mall Shopping Center & Mall

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 42038, KY

5,691
Population
2,992
Households
1.9
Avg Household Size
47
Median Age
15%
College-Educated
89%
High-School Grad
86.7 sq mi
ZIP Area
66
Density / Sq Mi
$64,254
Median Household Income
$44,639
Median Earnings
$889
Median Rent
$195,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The commercial campus combines flexible building configurations with paved parking, public utilities, and commercial zoning.
Where is this mixed-use property located?
The property is located at 385 Outlet Ave Eddyville, KY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Approximately 159,423 SF across 7 commercial buildings; 16.77‑acre commercial campus in Eddyville, KY; Access from US Hwy 62 and KY Hwy 93; I‑24 is nearby
More about this property
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