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Turnkey Pizza Restaurant Facility
For Lease
$2,500/Mo

317 Chestnut Street, Murray, KY 42071

COMMERCIAL - Murray, KY

Space SizeContact for details
Lot Size0.38 Acres
Days on Market165

Property Features for 317 Chestnut Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning description B-3
Subdivision Commercial
Directions From light at 12th and Main travel East on Main. Travel North on 12th St. Take a right at the light onto Chestnut Street. Go straight at light on 4th and Chestnut. Building on right on Chestnut Street.
Standard status Active
APN 009-0-0013-00002
Size 1,974 SF
Lot size 0.38 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 2011
Floors in Building 1
Listing Agency: Re/Max Real Estate Associates - Murray
Listed By: Patricia Cherry · License #207328
Added: Feb 27 Changed: Aug 4 Last Checked: Aug 11 at 9:06PM
MLS# 26014705

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 property is a commercial restaurant facility currently operating as a pizza restaurant and available for lease. The space includes a kitchen, dining area, and a service counter, along with stained concrete floors and exterior patio seating with exterior access. Key operational systems include two HVAC units, an Ansul fire suppression system, a commercial hot water heater, and a fresh intake and circulation system. Refrigeration support is provided with a 4 x 18 walk-in freezer/cooler, and the kitchen includes plumbing for a commercial dishwasher.

The building is situated at 317 Chestnut Street in Murray, Kentucky, in a high-visibility, accessible commercial area near an industrial corridor.

For restaurant operators seeking a turnkey setup, the layout supports food preparation and customer service with existing kitchen components and fire protection in place. The patio seating and exterior access can support guest overflow or outdoor dining, while the included systems and refrigeration equipment may reduce near-term buildout needs for an appropriately compatible concept.

Key Highlights

  • Commercial building built in 2011, currently operating as a pizza restaurant
  • Available for lease at $2,500 per month with a two‑year lease option
  • Two HVAC units plus central air

Property Analytics

Current Use

GOFOR Pizza Restaurant Hop Hound Brew ... Bar & Pub

Suggested Use

Top Pick Dental Office HVAC Service Grocery & Convenience Store Parking Lot & Garage Locksmith Barber Shop

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

NNN (Triple Net)
Lease Type
$2.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
349k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 51% Apparel 18% Shops & Services 13% Home Improvements & Furnishings 11%
Marshalls Apparel
36,406 visits/mo 0.4 miles
Cook Out Dining
24,690 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
21,330 visits/mo 0.4 miles
Five Below Shops & Services
19,769 visits/mo 0.3 miles
Dollar General Shops & Services
15,305 visits/mo 0.3 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

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Move-in ready restaurant space with kitchen equipment, fire suppression, and exterior patio access.
Where is this conventional restaurant located?
The property is located at 317 Chestnut Street Murray, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Commercial building built in 2011, currently operating as a pizza restaurant; Available for lease at $2,500 per month with a two‑year lease option; Two HVAC units plus central air
More about this property
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