Retail Suite in Multi-Tenant
New
For Lease
$2,900/Mo
1304 Chestnut Street, Murray, KY 42071
Commercial Lease, Murray, KY
Space SizeContact for details
Lot Size2.83 Acres
Days on Market5
Property Features for 1304 Chestnut Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
B-2
Directions
From 12th and Main - North on 12th to Chestnut. Left on Chestnut to Address on Right. Corner of Chestnut and Rushing Way.
Subdivision
114 - Calloway County
Standard status
Active
Size
1,600 SF
Lot size
2.83 Acres
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
high ceilings
large windows with abundant natural light
open floor plan
Building Details
Year built
2010
Floors in Building
1
Listing Agency:
Stedelin Real Estate LLC
(270) 293-5657
Listed By:
Brian Stedelin · License #216638
(270) 753-8900
Added: Sep 28
Changed: Sep 29
Last Checked: Oct 2 at 8:06AM
MLS# 26026892
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 1,600-square-foot retail suite is part of a brick, multi-tenant strip center built in 2010. Its open floor plan, high ceilings, and large windows bring natural light into the space, while central air and heat pump heating serve the interior. The layout can be modified to suit a tenant’s needs, and the property is zoned B-2.
The center sits along the US 641/12th Street corridor, adjacent to Murray State University, and includes a mix of national tenants and local businesses.
The center sits along the US 641/12th Street corridor, adjacent to Murray State University, and includes a mix of national tenants and local businesses.
Key Highlights
- 1,600 square feet in a brick, multi‑tenant strip center
- Open floor plan with high ceilings and large windows
- Adjacent to Murray State University along the US 641/12th Street corridor
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.26 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
403k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Murray, KY
$15.94 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
12,600 SF
Avg Space Size
This space is priced 36% above the average of $15.94 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Open-plan space has large windows, high ceilings, central air, and heat pump heating.
Where is this retail space located?
The property is located at 1304 Chestnut Street Murray, KY.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 1,600 square feet in a brick, multi‑tenant strip center; Open floor plan with high ceilings and large windows; Adjacent to Murray State University along the US 641/12th Street corridor
