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Updated Office Building
For Sale
$299,000

421 Memorial Drive, Hazard, KY 41701

COMMERCIAL - Hazard, KY

Property Size6,100 SF
Lot Size0.70 Acres
Price / SF$49.02
Days on Market284

Property Features for 421 Memorial Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
High school Hazard
Directions At the intersection of Main Street of Memorial Drive, turn left onto Memorial Drive. Travel approximately 0.20 of a mile to Clinic.
Subdivision Perry
Standard status Active
Size 6,100 SF
Lot size 0.70 Acres

Building Details

Year built 1980
Listing Agency: Re/Max Legacy Group-Hazard
Listed By: Michelle Jones · License #72380
Added: Nov 2, 2025 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM
MLS# 126765

Copyright © 2026 Eastern Kentucky Association of Realtors. 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 office property contains 6,100 square feet across a main level and lower level. The primary floor measures over 3,000 square feet and includes a reception area along with numerous private offices. A further 2,900 square feet is located downstairs, creating additional workspace or room for a separate business operation. The property was built in 1980 and carries Commercial zoning.

Recent improvements include a redesigned first floor, plus new plumbing, electrical, and heating and cooling systems throughout the building. Set on 0.7 acres at 421 Memorial Drive in downtown Hazard, the property also provides off-street parking and a commercial setting suitable for professional office use.

Key Highlights

  • 6,100‑square‑foot office property on 0.7 acres
  • Main level exceeds 3,000 square feet and includes reception plus multiple offices
  • Lower level adds 2,900 square feet for workspace or a separate business

Property Analytics

Current Use

Allyson Williams Physician

Suggested Use

Top Pick Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Skin Care Clinic Cafe & Coffee 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.

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby

Demographics for 41701, KY

16,761
Population
7,596
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
140.4 sq mi
ZIP Area
119
Density / Sq Mi
$39,427
Median Household Income
$32,150
Median Earnings
$802
Median Rent
$107,500
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?
Office units - Commercially zoned office property with a reception area, multiple offices, and flexible lower-level workspace.
Where is this office units located?
The property is located at 421 Memorial Drive Hazard, KY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 6,100‑square‑foot office property on 0.7 acres; Main level exceeds 3,000 square feet and includes reception plus multiple offices; Lower level adds 2,900 square feet for workspace or a separate business
More about this property
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