Freestanding Drive-Through
For Sale
$700,000
1201 Payne Street, Murray, KY 42071
B2-zoned restaurant building on 12th Street, less than a half mile from Murray State University.
Property Size1,180 SF
Price / SF$593.22
Days on Market1245
Property Features for 1201 Payne Street
General Information
Standard status
Active
Size
1,180 SF
Total Parking Spaces
12
Property subtype
Retail
Zoning
B2
Additional Details
Drive-Thru
Yes
Amenities
Water
Sewer
12 Parking Spaces
Building Details
Year Built
2006
Listing Agency:
Grisanti Group Commercial Real Estate
(502) 644-0544
Listed By:
Nick Grisanti · License #274313
(502) 644-0544
Source:
Kcrea.resimplifi
Added: Apr 4, 2023
Changed: Aug 29
Last Checked: Aug 29 at 11:47AM
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 Grisanti Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding drive-through restaurant building was constructed in 2006 and is positioned on Payne Street in Murray, Kentucky. The property is zoned B2 and is offered for sale as a restaurant asset with an existing drive-through configuration.
The building sits on 12th Street, identified as Murray’s primary commercial corridor, and is less than a half mile from Murray State University’s campus. Starbucks is located .3 mile north, while McDonald’s is .3 mile south. Additional national quick-service restaurant operators within a half-mile radius include Taco Bell, Dunkin’, Wendy’s, Arby’s, Cook Out, and Dairy Queen.
The building sits on 12th Street, identified as Murray’s primary commercial corridor, and is less than a half mile from Murray State University’s campus. Starbucks is located .3 mile north, while McDonald’s is .3 mile south. Additional national quick-service restaurant operators within a half-mile radius include Taco Bell, Dunkin’, Wendy’s, Arby’s, Cook Out, and Dairy Queen.
Key Highlights
- Freestanding drive‑through restaurant building constructed in 2006
- B2 zoning supports the restaurant property classification
- Located on 12th Street in Murray’s primary commercial corridor
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
372k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 19%
Apparel 16%
Home Improvements & Furnishings 5%
Marshalls
Apparel
36,406 visits/mo
0.5 miles
McDonald's
Dining
33,664 visits/mo
0.2 miles
Cook Out
Dining
24,690 visits/mo
0.1 miles
Cracker Barrel Old Country Store
Dining
21,330 visits/mo
0.4 miles
Dollar Tree
Shops & Services
20,187 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - B2-zoned restaurant building on 12th Street, less than a half mile from Murray State University.
Where is this drive through restaurant located?
The property is located at 1201 Payne Street Murray, KY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Freestanding drive‑through restaurant building constructed in 2006; B2 zoning supports the restaurant property classification; Located on 12th Street in Murray’s primary commercial corridor
