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Retail Suite in Five-Unit Center
New
For Lease
$1,700/Mo

616 S 4th Street, Murray, KY 42071

Commercial Lease, Murray, KY

Space SizeContact for details
Lot Size0.47 Acres
Days on Market5

Property Features for 616 S 4th Street

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning B-2
Directions From 12th and Main - South on 12th to Sycamore. Left on Sycamore to S 4th Street. Right on S 4th to Address on Right.
Subdivision 114 - Calloway County
Standard status Active
APN 008-0-0014-0004B
Size 1,200 SF
Lot size 0.47 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 2025
Floors in Building 1
Listing Agency: Stedelin Real Estate LLC
Listed By: Brian Stedelin · License #216638
Added: Sep 28 Last Checked: Oct 2 at 7:06AM
MLS# 26026867

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 retail suite is part of a five-unit center currently under construction. The approximately 1,200-square-foot space has an open floor plan, tall ceilings, and a restroom near the center of the unit. Heating is provided by a heat pump, with central air conditioning. The property is zoned B-2.

The center is located at 616 S 4th Street in Murray, Kentucky. The parcel totals 0.47 acres, and the building has a 2025 year built designation.

Key Highlights

  • Approximately 1,200 square feet with an open floor plan
  • Part of a five‑unit retail center
  • Tall ceilings and a centrally positioned restroom

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store HVAC Service Cafe & Coffee Shop Food Market

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Murray, KY

$15.94 /SF/Yr
Avg Asking Price
$2.09–$32 /SF/Yr
Price Range
12,600 SF
Avg Space Size

This space is priced 7% above the average of $15.94 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - An open layout, tall ceilings, and central restroom support flexible retail or office use.
Where is this retail space located?
The property is located at 616 S 4th Street Murray, KY.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: Approximately 1,200 square feet with an open floor plan; Part of a five‑unit retail center; Tall ceilings and a centrally positioned restroom
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