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Multi-Building Mixed-Use Commercial Property
For Sale
$3,595,000

385 Outlet Ave, Eddyville, KY 42038

COMMERCIAL - Eddyville, KY

Property Size159,423 SF
Lot Size16.77 Acres
Price / SF$22.55
Days on Market38

Property Features for 385 Outlet Ave

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits
Directions From I-24 Heading South, take Exit 40 toward Eddyville on US 62/641. Continue about 2 miles, then turn left onto Outlet Ave. Follow Outlet Ave to 385 Outlet Ave, located in the former Eddyville Outlet Center complex.
Subdivision Lyon
Standard status Active
Lot size 16.77 Acres

Utilities

Water source Public

Building Details

Floors in Building 1
Building materials Concrete Block, Steel
Roof type Metal
Architectural style Other
Listing Agency: Housman Partners Real Estate
Listed By: Jessica Housman · License #201474
Added: Jun 30 Changed: Aug 4 Last Checked: Aug 6 at 7:06PM
MLS# 137551

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.

The Lyon County Business Center comprises seven commercial buildings totaling approximately 159,423 SF on 16.77 acres. The property includes concrete block and steel construction, metal roofing, public water, commercial zoning, extensive paved parking, and varied floorplans. More than 56,000 SF is currently leased within an established tenant mix, while additional space remains available across the campus.

Located at 385 Outlet Ave in Eddyville, the property has access from US Hwy 62 and KY Hwy 93, with nearby connectivity to I-24. Multiple building configurations support a range of commercial applications identified in the property information, including retail, office, warehouse, distribution, entertainment, educational, medical, and mixed-use uses.

Key Highlights

  • Approximately 159,423 SF across seven commercial buildings
  • 16.77‑acre property with more than 56,000 SF currently leased
  • Access from US Hwy 62 and KY Hwy 93, near I‑24

Property Analytics

Current Use

Eddyville Mall Shopping Center & Mall

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Carpet & Flooring Store HVAC Service (Bike/Boat/Book/etc) Store Butcher

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 42038, KY

5,691
Population
2,992
Households
1.9
Avg Household Size
47
Median Age
15%
College-Educated
89%
High-School Grad
86.7 sq mi
ZIP Area
66
Density / Sq Mi
$64,254
Median Household Income
$44,639
Median Earnings
$889
Median Rent
$195,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial campus with flexible layouts, paved parking, public utilities, and access from multiple highways.
Where is this mixed-use property located?
The property is located at 385 Outlet Ave Eddyville, KY.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: Approximately 159,423 SF across seven commercial buildings; 16.77‑acre property with more than 56,000 SF currently leased; Access from US Hwy 62 and KY Hwy 93, near I‑24
More about this property
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