Remodeled Mixed-Use
For Sale
$874,000
304 306 314 W Walnut St, Mayfield, KY 42066
Commercial/Industrial, 1 Story, Mayfield, KY
Property SizeContact for details
Days on Market94
Property Features for 304 306 314 W Walnut St
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Corner Lot
Directions
From the North on I-69, take exit 22 turn towards Mayfield. At the first red light turn right, go to 2nd stop sign, the car lot is on the right.
Subdivision
Graves
Standard status
Active
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
custom tongue-and-groove woodwork
decorative metal ceilings
whole-house water filtration
open loft living space
Building Details
Floors in Building
1
Flooring type
Laminate, Concrete
Building materials
Concrete Block, Concrete
Roof type
Metal, Built-Up
Architectural style
Other
Listing Agency:
THE KIM MUSGRAVE TEAM
(270) 366-1770
Listed By:
Kim Musgrave · License #271690
(270) 366-7110
Added: May 21
Changed: Aug 21
Last Checked: Aug 22 at 6:06AM
MLS# 136064
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 multi-building mixed-use property received a full remodel in 2022 and combines commercial, residential, and workshop components. The main building includes three bedrooms, two and a half baths, and a substantial office area. A second building provides approximately 3,600 square feet across lower-level, upper-level, and side-addition areas, along with a bath, two overhead doors, a mechanic’s area, and a wash bay. Its open loft area features open ceilings and a mini-split unit.
Additional property components include a 55-by-120-foot gravel parking lot at 314 W Walnut and a concrete parking area at 413 Linden Dr. The latter measures approximately 2,000 square feet and includes an electrical pole. Improvements include custom tongue-and-groove woodwork, decorative metal ceilings, a new roof, siding, flooring, and whole-house water filtration. Natural gas heating, central air, public water, concrete and concrete-block construction, and metal and built-up roofing are also present.
Additional property components include a 55-by-120-foot gravel parking lot at 314 W Walnut and a concrete parking area at 413 Linden Dr. The latter measures approximately 2,000 square feet and includes an electrical pole. Improvements include custom tongue-and-groove woodwork, decorative metal ceilings, a new roof, siding, flooring, and whole-house water filtration. Natural gas heating, central air, public water, concrete and concrete-block construction, and metal and built-up roofing are also present.
Key Highlights
- Full remodel completed in 2022
- Main building includes 3 bedrooms, 2.5 baths, and a spacious office area
- 306 W Walnut includes ~ 3600 Sq Ft, 2 overhead doors, a mechanic’s area, and a wash bay
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 42066, KY
23,081
Population
10,793
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
217.3 sq mi
ZIP Area
106
Density / Sq Mi
$48,118
Median Household Income
$34,853
Median Earnings
$695
Median Rent
$135,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space combines office areas, residential accommodations, workshop functionality, and additional outdoor parking areas.
Where is this mixed-use property located?
The property is located at 304 306 314 W Walnut St Mayfield, KY.
What is the asking price?
The asking price for this property is $874,000.
What are key features of this property?
This property features: Full remodel completed in 2022; Main building includes 3 bedrooms, 2.5 baths, and a spacious office area; 306 W Walnut includes ~ 3600 Sq Ft, 2 overhead doors, a mechanic’s area, and a wash bay
