Remodeled Live-Work Commercial Building

304 W Walnut Street Mayfield, KY 42066

Claim this Listing
For Sale
$874,000

COMMERCIAL - Mayfield, KY

Property size:
2,000 SF
Lot size:
0.13 Acres
Price / SF:
$437/SF
Added:
Feb 19, 2026
Days on Market:
142
Last Refresh:
Jul 11 at 11:06 am

Property Features for 304 W Walnut Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
R-1
Parking
15
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

Building Details

Year built
1940
Building materials
Aluminum Siding
Roof type
Metal

Listing agent Kim Musgrave License #271690

Listing office Musgrave Realty, LLC 100 Fountain Ave, Ste 215, Paducah, KY

Listing date Feb 19, 2026

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 one-of-a-kind live-work and commercial property was fully remodeled in 2022 and features custom tongue-and-groove woodwork, decorative metal ceilings, whole-house water filtration, and upgrades including a new roof, siding, and flooring. The main building at 304 W. Walnut includes 3 bedrooms and 2.5 bathrooms, along with a spacious office area.

Also on the site is 306 W. Walnut, with approximately 3,600 square feet across a lower level, upper level, and a side addition. The building includes 1 bathroom and is designed for functional operations, with two overhead doors, a mechanic’s area, and a wash bay. An open loft living area with open ceilings includes a mini-split unit.

Two additional parking lots support expansion or development. Lot 314 W. Walnut is a 55 by 120 gravel parking lot with no structures, and 413 Linden Dr includes an approximately 2,000 square foot concrete pad sized to fit an estimated 50 to 70 cars, with an electrical pole on site. The property is positioned in a high-visibility area at a 3-way stop, with increased traffic during Court Square events, offering a practical combination of space for business use and flexible parking for tenants, customers, or future projects.

Key Highlights

  • 2022 full remodel commercial/live‑work property with new roof, siding, and flooring
  • Main building (304 W. Walnut) includes 3 bed, 2.5 bath, plus spacious office area
  • 304 W. Walnut features custom tongue‑and‑groove woodwork, decorative metal ceilings, and whole‑house water filtration

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Real Estate Agency Building Supply Electrical Service Big Box & Wholesale Store Furniture & Home Goods Bakery Auto Parts Store Spa & Massage Center Law Firm Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - A 2022 remodeled live-work and office setup with multiple parking lots suited for businesses needing onsite operations.
Where is this live-work space located?
The property is located at 304 W Walnut Street 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: 2022 full remodel commercial/live‑work property with new roof, siding, and flooring; Main building (304 W. Walnut) includes 3 bed, 2.5 bath, plus spacious office area; 304 W. Walnut features custom tongue‑and‑groove woodwork, decorative metal ceilings, and whole‑house water filtration
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