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Multi-Building Commercial Business Center
For Sale
$3,595,000

385 Outlet Avenue, Eddyville, KY 42038

COMMERCIAL - Eddyville, KY

Property Size159,423 SF
Lot Size16.77 Acres
Price / SF$22.55
Days on Market45

Property Features for 385 Outlet Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Parking 800
Parking features Open
Directions From I-24 Heading South, take Exit 40toward Eddyville on US 62/641. Continue about 2 miles, then turn left onto OutletAve. Follow Outlet Ave to 385 Outlet Ave, located in the former Eddyville Outlet Center complex.
Subdivision 116 - Lyon County
Standard status Active
APN 41-119
Size 159,423 SF
Lot size 16.77 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Multi Units

Building Details

Year built 1990
Floors in Building 1
Building materials Steel Frame, Block
Roof type Metal
Listing Agency: Housman Partners Real Estate
Listed By: Jessica Housman · License #201474
Added: Jun 17 Changed: Jul 29 Last Checked: Jul 31 at 4:06AM
MLS# 26020209

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.

The Lyon County Business Center is a multi-building commercial campus featuring approximately 159,423 SF across seven commercial buildings on 16.77 acres. The property is designed with flexible floorplans and multiple building configurations, with site improvements that include extensive paved parking and public utilities. Based on current occupancy, more than 56,000 SF is leased, with additional space available for future tenants.

Access is supported from US Hwy 62 and KY Hwy 93, with proximity to nearby I-24 described in the remarks. The offering is presented as a value-add, commercial-zoned property (Zoning C) with suitability for a range of uses reflected in the listing, including retail, office, warehouse, distribution, entertainment, educational, medical, or mixed-use operations.

For buyers considering an owner-user or investor strategy, the campus configuration and available space are positioned for continued lease-up and redevelopment opportunities, as stated in the listing materials.

Key Highlights

  • Lyon County Business Center: approximately 159,423 SF across seven commercial buildings on 16.77 acres
  • Multi‑tenant income producing property with over 56,000 SF currently leased and additional space available
  • Access from US Hwy 62, KY Hwy 93, and nearby 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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Seven commercial buildings totaling about 159,423 SF on 16.77 acres are zoned C with substantial paved parking and income-producing occupancy.
Where is this mixed-use property located?
The property is located at 385 Outlet Avenue 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: Lyon County Business Center: approximately 159,423 SF across seven commercial buildings on 16.77 acres; Multi‑tenant income producing property with over 56,000 SF currently leased and additional space available; Access from US Hwy 62, KY Hwy 93, and nearby I‑24
More about this property
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