Search
Corner Restaurant Property
For Sale
Contact for pricing
Pending

1113 Chestnut St, Murray, KY 42071

Two-building commercial site with a long-established restaurant history and B-2 Highway Business zoning.

Property SizeContact for details
Lot Size0.69 Acres
Days on Market142

Property Features for 1113 Chestnut St

General Information

Standard status Pending
Lot size 0.69 Acres
Property subtype Retail
Zoning B-2

Additional Details

Road Access Yes

Building Details

Buildings 2
Listing Agency: Stedelin Real Estate
Listed By: Brian Stedelin · License #KY
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stedelin Real Estate

Investment Insights

Based on property information with market context.

This commercial property includes two buildings on a 0.69-acre parcel, with one previously occupied by Pizza Hut and the other by Cash Express. The site has served as a restaurant location for more than 40 years and is zoned B-2 Highway Business.

The property occupies the intersection of Chestnut Street and 12th Street, also designated US 641, a north-south route connecting I-69 and I-40. Chestnut Street provides access toward Murray State University. The surrounding area includes retail stores, restaurants, established residential neighborhoods, city parks, and the university. Murray is in Calloway County, which has approximately 39,500 residents, and Murray State University has approximately 9,400 undergraduate and graduate students.

Key Highlights

  • Two buildings situated on a 0.69‑acre parcel
  • Restaurant location for over 40 years
  • Intersection of 12th Street (US 641) and Chestnut Street

Property Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

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

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
403k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 16% Apparel 15% Home Improvements & Furnishings 9%
Marshalls Apparel
36,406 visits/mo 0.3 miles
McDonald's Dining
33,664 visits/mo 0.4 miles
Cook Out Dining
24,690 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
21,330 visits/mo 0.2 miles
Dollar Tree Shops & Services
20,187 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-building commercial site with a long-established restaurant history and B-2 Highway Business zoning.
Where is this conventional restaurant located?
The property is located at 1113 Chestnut St Murray, KY.
What are key features of this property?
This property features: Two buildings situated on a 0.69‑acre parcel; Restaurant location for over 40 years; Intersection of 12th Street (US 641) and Chestnut Street
(270) 293-5657 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message