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Flex Building with Loading Dock
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For Sale
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1469 Lakeway Drive, Russell Springs, KY 42642

Commercial Sale, Russell Springs, KY

Property Size5,460 SF
Lot Size0.52 Acres
Days on Market2

Property Features for 1469 Lakeway Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Lot features Corner Lot
Directions At the 4-Way Stop on Lakeway Drive and Maple Street, Russell Springs, KY
Standard status Active
Size 5,460 SF
Lot size 0.52 Acres

Utilities

Heating system Electric (Heating), Oil, Forced Air
Water source Public

Building Details

Building materials Masonite
Roof type Metal
Listing Agency: Golden Rule-Wilson RE & Auc #1
Listed By: Christopher Wilson
Added: Oct 21 Last Checked: Oct 22 at 1:06AM
MLS# 12036498

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 5,460-square-foot flex building includes approximately 800 square feet of heated and cooled office space, with a service counter and restroom. The remaining area provides workshop and storage space, with both wood and concrete floors. A loading dock serves the building, and a large gravel parking area is on site. Building features include a metal roof, mini-split heating and cooling, and an oil furnace; city water and sewer are available.

The property occupies a corner at Lakeway Drive and Maple Street in downtown Russell Springs. The building has some age and imperfections, and inspection is advised.

Key Highlights

  • 5,460 square feet under roof
  • Approximately 800 square feet of heated and cooled office space
  • Workshop and storage areas with wood and concrete flooring

Property Analytics

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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

244
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 - The building combines conditioned office space with workshop and storage areas, plus a service counter and restroom.
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: 5,460 square feet under roof; Approximately 800 square feet of heated and cooled office space; Workshop and storage areas with wood and concrete flooring
More about this property
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