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Mixed-Use Property with Multiple Offices
For Sale
$995,000

1105 State Route 121, Murray, KY 42071

Commercial Sale, Murray, KY

Property Size12,448 SF
Lot Size1.31 Acres
Price / SF$79.93
Days on Market97

Property Features for 1105 State Route 121

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Basement Unfinished, Partial, Walk-Out Access
Directions From Murray State University, turn left onto Chestnut St, Take a slight right onto Coldwater Rd, Left onto KY 121, 200 ft destination on left. For Sale Banner is on the property.
Subdivision 114 - Calloway County
Standard status Active
APN 524889
Size 12,448 SF
Lot size 1.31 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2011
Floors in Building 2
Building materials Brick, Vinyl Siding
Listing Agency: Keller Williams Experience - Paducah · Keller Williams Realty
Listed By: Crystal McCoy · License #265680
Added: Jun 1 Changed: Sep 4 Last Checked: Sep 5 at 2:06AM
MLS# 26024322

Copyright © 2026 ImagineMLS. 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 property combines a two-story primary office building, a separate rear office structure, a residential home, and an undeveloped lot on 1.312 acres. The main building contains over 20 offices, 4 bathrooms, a full kitchen, kitchenette, conference rooms, and cubicle areas. The auxiliary building adds 5 offices, 2 bathrooms, and a kitchen. The residential component includes 4 bedrooms, 3 bathrooms, a partial basement, and a garage.

The property is located at 1105 State Route 121 in Murray, Kentucky. Building materials include brick and vinyl siding. Improvements include forced-air heating, central air, water availability, and public sewer service. Built in 2011, the property offers a combination of office, residential, and open-lot components within one 12,448-square-foot property.

Key Highlights

  • Two‑story main office building with over 20 individual offices
  • Auxiliary building includes 5 offices, 2 bathrooms, and a kitchen
  • Residential home includes 4 bedrooms, 3 bathrooms, partial basement, and garage

Property Analytics

Current Use

Kingdom Services, Administrator ... Bank

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Carpet & Flooring Store Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 42071, KY

29,703
Population
14,174
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
92%
High-School Grad
209.0 sq mi
ZIP Area
142
Density / Sq Mi
$48,976
Median Household Income
$29,805
Median Earnings
$841
Median Rent
$188,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two office buildings, a residential home, and a vacant lot create a varied commercial layout.
Where is this mixed-use property located?
The property is located at 1105 State Route 121 Murray, KY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑story main office building with over 20 individual offices; Auxiliary building includes 5 offices, 2 bathrooms, and a kitchen; Residential home includes 4 bedrooms, 3 bathrooms, partial basement, and garage
More about this property
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