Corner Retail Space with High
For Lease
$2,800/Mo
201 N 12th, Murray, KY 42071
COMMERCIAL - Murray, KY
Space Size1,800 SF
Days on Market58
Property Features for 201 N 12th
General Information
Property type
Commercial Lease
Property subtype
Other
Lot features
In City Limits
Directions
From 12th and Main go North on 641/ Main Street. Building is on left.
Subdivision
Calloway
Standard status
Active
Utilities
Water source
Public
Building Details
Floors in Building
1
Architectural style
Other
Listing Agency:
Keller Williams Experience Realty · Keller Williams Realty
(270) 753-1492
Listed By:
Carrie Armstrong · License #218287
(270) 713-9040
Added: Jun 15
Changed: Aug 4
Last Checked: Aug 11 at 7:06PM
MLS# 132302
Copyright © 2026 Western Kentucky Regional MLS Inc. 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 retail storefront within Olive Plaza offers a flexible layout and strong in-center visibility at a corner location. The space is 1,800 square feet and is currently divided into two rooms, with product sales in the front room and an office and/or storage area in the back. The space can be reconfigured to suit a tenant’s needs.
Olive Plaza is located at the corner of Olive and 12th Street and benefits from visibility between Murray Donuts and Cold Stone Creamery. The center provides 32 parking spaces for customers. The building is zoned B4.
Tenant timing is planned so the space should be vacant by July 1. The landlord maintains the building and HVAC and pays the water bill, while the tenant is responsible for interior changes and electricity.
Olive Plaza is located at the corner of Olive and 12th Street and benefits from visibility between Murray Donuts and Cold Stone Creamery. The center provides 32 parking spaces for customers. The building is zoned B4.
Tenant timing is planned so the space should be vacant by July 1. The landlord maintains the building and HVAC and pays the water bill, while the tenant is responsible for interior changes and electricity.
Key Highlights
- Corner location at Olive and 12th Street within Olive Plaza
- 1,800 SF retail space currently split into two rooms
- Front room set up for product sales with office/storage in the rear
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
McDonald's
Dining
33,664 visits/mo
0.4 miles
Huck's
Shops & Services
25,204 visits/mo
0.2 miles
Dollar Tree
Shops & Services
20,187 visits/mo
0.4 miles
SONIC Drive In
Dining
14,604 visits/mo
0.1 miles
Little Caesars Pizza
Dining
5,654 visits/mo
0.2 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
Lease Benchmarks for Murray, KY
$18.97 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
7,075 SF
Avg Space Size
This space is priced 2% below the average of $18.97 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Cherry Tree Florist & Gifts — 110 N 12th St, Murray, KY 42071
- A Festive Touch — 1137-1105 sycamore st, murray, ky 42071
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront in Olive Plaza with frontage on N 12th Street and flexible interior layout for tenant needs.
Where is this storefront property located?
The property is located at 201 N 12th Murray, KY.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Corner location at Olive and 12th Street within Olive Plaza; 1,800 SF retail space currently split into two rooms; Front room set up for product sales with office/storage in the rear
