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Retail Suite with Flexible Layout
For Lease
$2,800/Mo

201 N 12th Suite B, Murray, KY 42071

Commercial Lease, Murray, KY

Space Size1,800 SF
Lot Size0.12 Acres
Days on Market73

Property Features for 201 N 12th Suite B

General Information

Property type Commercial Lease
Property subtype Other
Zoning B-4
Parking 32
Directions From 12th and Main go North on641/ Main Street. Building is on left.
Subdivision 114 - Calloway County
Standard status Active
Size 1,800 SF
Lot size 0.12 Acres

Building Details

Year built 2016
Listing Agency: Keller Williams Experience - Murray · Keller Williams Realty
Listed By: Carrie Armstrong · License #218287
Added: Jun 15 Changed: Aug 20 Last Checked: Aug 26 at 4:06AM
MLS# 26017372

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 retail suite contains 1,800 square feet arranged as a customer-facing front room with a separate rear office and storage area. The existing configuration can be modified for a tenant’s requirements, with interior changes handled by the tenant. Built in 2016, the space is scheduled to be vacant by July 1.

The suite is positioned at the corner of Olive and 12th Street within Olive Plaza, between Murray Donuts and Cold Stone Creamery. The center provides 32 parking spaces. The landlord maintains the building and HVAC and pays the water bill, while the tenant pays electricity.

Key Highlights

  • 1,800‑square‑foot retail suite with front sales area plus rear office and storage
  • Two‑room layout can be reconfigured for tenant requirements
  • B‑4 zoning

Property Analytics

Current Use

Planet Smoothie Specialty Food Shop Cold Stone Creamery Grocery & Convenience Store Murray Donuts Bakery Cricket Wireless Authorized ... Mobile Phone Store

Suggested Use

Top Pick Food Market Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store

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

Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby
257k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Shops & Services 21% Home Improvements & Furnishings 5% Electronics 2%
McDonald's Dining
33,664 visits/mo 0.1 miles
Cook Out Dining
24,690 visits/mo 0.1 miles
Dollar Tree Shops & Services
20,187 visits/mo 0.1 miles
Dollar General Shops & Services
15,305 visits/mo 0.4 miles
SONIC Drive In Dining
14,604 visits/mo 0.4 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

$14.01 /SF/Yr
Avg Asking Price
$12–$18.67 /SF/Yr
Price Range
21,614 SF
Avg Space Size

This space is priced 33% above the average of $14.01 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - B-4-zoned storefront with parking and landlord-maintained building systems.
Where is this retail space located?
The property is located at 201 N 12th Suite B Murray, KY.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: 1,800‑square‑foot retail suite with front sales area plus rear office and storage; Two‑room layout can be reconfigured for tenant requirements; B‑4 zoning
More about this property
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