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Flex Space with Loading Dock
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1469 Lakeway Drive, Russell Springs, KY 42642

Conditioned office space sits alongside workshop and storage areas on a corner parcel in downtown Russell Springs.

Property Size5,460 SF
Lot Size0.53 Acres
Days on Market8

Property Features for 1469 Lakeway Drive

General Information

Standard status Active
Size 5,460 SF
Lot size 0.53 Acres
Property subtype Commercial Building

Warehouse & Industrial

Office Build-Out 800 SF
Dock-High Doors 1

Additional Details

Utilities to Site Yes

Amenities

Lot Size Acres: 0.52
Metal Roof
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Garage Type: Attached, 2 Garage Spaces
Forced Air Heating, Other Heating, Electric Heat Fuel, Oil Heat Fuel
Sale, Sale Type: Foreclosure, Sale Type: Auction, Absolute Auction, Online Only Auction, Auction URL: https://goldenruleauction.com/auction-details.php?id=187, Auction Start Time: 2026-10-21 17:00:00, Auction End Time: 2026-11-03 23:00:00
Above Area Square Feet: 5460, Street View, Corner Lot, Smoking Not Allowed
One Half Bath
Water Source: Municipal, Utilities: 1
Pets Not Allowed
Survey: 1
Construction Type: Frame
Masonry Siding

Building Details

Buildings 1
Building Size 5,460 SF
Listing Agency: Golden Rule-Wilson RE & Auc #1
Listed By: Christopher Wilson
Source: Doyle-realty
Added: Oct 21 Changed: Oct 27 Last Checked: Oct 28 at 6:56AM

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 Golden Rule-Wilson RE & Auc #1

Rey
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Investment Insights

Based on property information with market context.

This flex property contains approximately 5,460 square feet under roof, including about 800 square feet of heated and cooled office area with a service counter and restroom. The remaining space is configured for workshop and storage use, with wood and concrete floor sections. A loading dock, metal roof, mini-split heating and cooling unit, and fuel-oil furnace are also part of the building. City water and sewer serve the property; the building has age and imperfections noted for inspection.

The approximately 0.529-acre parcel is located at the Lakeway Drive and Maple Street intersection in downtown Russell Springs, with a four-way stop at the corner and a large gravel parking area.

Key Highlights

  • Approximately 5,460 square feet under roof, including about 800 square feet of conditioned office space
  • Workshop and storage areas have a combination of wood and concrete floors
  • Loading dock for moving goods

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Richard's Lawn Equipment (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Kitchen & Bath Showroom Carpet & Flooring Store (Bike/Boat/Book/etc) Store Barber Shop Storage Facility Garden Center

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

1
Dock-high doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Conditioned office space sits alongside workshop and storage areas on a corner parcel in downtown Russell Springs.
Where is this flex space located?
The property is located at 1469 Lakeway Drive Russell Springs, KY.
What are key features of this property?
This property features: Approximately 5,460 square feet under roof, including about 800 square feet of conditioned office space; Workshop and storage areas have a combination of wood and concrete floors; Loading dock for moving goods
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