Mixed-Use Live-Work
For Sale
$747,000
304 W Walnut Street, Mayfield, KY 42066
Commercial Sale, Mayfield, KY
Property Size2,000 SF
Lot Size0.13 Acres
Price / SF$373.50
Days on Market220
Property Features for 304 W Walnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-1
Parking
15
Subdivision
Commercial
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.
Standard status
Active
APN
205.00.14.009.00
Size
2,000 SF
Lot size
0.13 Acres
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
custom tongue-and-groove woodwork
decorative metal ceilings
whole-house water filtration
new roof
new siding
new flooring
two overhead doors
open loft living space with open ceilings
mini-split unit
two additional gravel parking lots
Building Details
Year built
1940
Building materials
Aluminum Siding
Roof type
Metal
Listing Agency:
Musgrave Realty, LLC
(270) 366-1770
Listed By:
Kim Musgrave · License #271690
(270) 366-7110
Added: Feb 19
Changed: Sep 14
Last Checked: Sep 27 at 8:06AM
MLS# 26016956
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 mixed-use property includes a remodeled main building at 304 W. Walnut with 3 bedrooms, 2.5 baths, and a substantial office area. A second building at 306 W. Walnut provides a mechanic’s area, wash bay, two overhead doors, one bath, and an open loft with vaulted ceilings and a mini-split unit. The property also includes two separate gravel parking lots that may support additional site use.
The 2022 remodel added custom tongue-and-groove woodwork, decorative metal ceilings, new flooring, siding, and a roof. Other building features include whole-house water filtration, forced-air natural gas heat, central air, aluminum siding, and a metal roof. Positioned at a three-way stop in Mayfield, the property experiences increased traffic during Court Square events and is zoned R-1.
The 2022 remodel added custom tongue-and-groove woodwork, decorative metal ceilings, new flooring, siding, and a roof. Other building features include whole-house water filtration, forced-air natural gas heat, central air, aluminum siding, and a metal roof. Positioned at a three-way stop in Mayfield, the property experiences increased traffic during Court Square events and is zoned R-1.
Key Highlights
- 2022 full remodel with new roof, siding, and flooring
- Main building includes 3 bedrooms, 2.5 baths, and office space
- 306 W Walnut includes ~3600 Sq Ft across lower, upper, and side addition areas
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
567
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled commercial property combines residential space, offices, automotive functionality, and additional gravel parking areas.
Where is this mixed-use property located?
The property is located at 304 W Walnut Street Mayfield, KY.
What is the asking price?
The asking price for this property is $747,000.
What are key features of this property?
This property features: 2022 full remodel with new roof, siding, and flooring; Main building includes 3 bedrooms, 2.5 baths, and office space; 306 W Walnut includes ~3600 Sq Ft across lower, upper, and side addition areas
