Restaurant and Retail
For Sale
$1,100,000
Pending
408 N 12th St, Murray, KY 42071
Corner site with an existing restaurant building plus adjacent retail space, totaling 0.69 acres and zoned B-2.
Property Size2,912 SF
Lot Size0.69 Acres
Days on Market130
Property Features for 408 N 12th St
General Information
Standard status
Pending
Size
2,912 SF
Lot size
0.69 Acres
Zoning
B-2
Listing Agency:
Kopperud Realty
(270) 753-1222
Listed By:
John Kopperud · License #210645
(270) 293-3474
Source:
Exprealty
Added: May 1
Changed: Aug 20
Last Checked: Sep 6 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kopperud Realty
Investment Insights
Based on property information with market context.
The property includes an existing Pizza Hut building with 2,176 sq ft of restaurant space, along with a 2,912 sq ft retail location next door. The large .69-acre lot provides significant street frontage on both N 12th St and Chestnut St, supporting flexible site planning for redevelopment or continued use of the existing structures.
Set at a highly visible intersection and described as being on Murray’s main thoroughfare, the tract is close to restaurants, retail, and Murray State University. The property is zoned B-2 Highway Business District and lists a wide range of permitted uses, including restaurant with drive-through, retail, office, and medical.
For buyers seeking a flexible commercial redevelopment site, the combination of existing restaurant and adjacent retail improvements on a corner lot offers a practical foundation for repositioning or continued operations within the B-2 framework.
Set at a highly visible intersection and described as being on Murray’s main thoroughfare, the tract is close to restaurants, retail, and Murray State University. The property is zoned B-2 Highway Business District and lists a wide range of permitted uses, including restaurant with drive-through, retail, office, and medical.
For buyers seeking a flexible commercial redevelopment site, the combination of existing restaurant and adjacent retail improvements on a corner lot offers a practical foundation for repositioning or continued operations within the B-2 framework.
Key Highlights
- Highly visible corner site at the intersection of 12th St and Chestnut St in Murray
- Includes an existing restaurant building with 2,176 SF and an adjacent retail location with 2,912 SF
- 0.69‑acre lot with 219+ ft of frontage on N 12th St and 88+ ft of frontage on Chestnut St
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Huck's
Shops & Services
25,204 visits/mo
0.1 miles
SONIC Drive In
Dining
14,604 visits/mo
0.2 miles
Dollar General
Shops & Services
8,637 visits/mo
0.5 miles
Sirloin Stockade
Dining
7,292 visits/mo
0.4 miles
Little Caesars Pizza
Dining
5,654 visits/mo
0.0 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner site with an existing restaurant building plus adjacent retail space, totaling 0.69 acres and zoned B-2.
Where is this conventional restaurant located?
The property is located at 408 N 12th St Murray, KY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Highly visible corner site at the intersection of 12th St and Chestnut St in Murray; Includes an existing restaurant building with 2,176 SF and an adjacent retail location with 2,912 SF; 0.69‑acre lot with 219+ ft of frontage on N 12th St and 88+ ft of frontage on Chestnut St
