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Flex Space With Multiple Buildings
For Sale
$299,999

698 State Hwy 1383, Russell Springs, KY 42642

Commercial Sale, Russell Springs, KY

Property Size1,904 SF
Lot Size2.28 Acres
Price / SF$157.56
Days on Market191

Property Features for 698 State Hwy 1383

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-1
Parking 75
Parking features Covered, Open
Subdivision Rural
Directions From KY-80 W - Cumberland Pkwy/KY-910 S; Turn South onto KY-910 S - 6.8 mi; Sharp left onto KY 76 E 4.2 Miles on the right at West Loop rd
Standard status Active
APN 071-00-00-015.03
Size 1,904 SF
Lot size 2.28 Acres

Amenities

electric openers
office
restroom
overhead storage
storage room with shelves
multiple doors
walk-ins

Building Details

Year built 2016
Roof type Metal
Listing Agency: Calumet Realty
Listed By: E Wayne Reed · License #248328
Added: Mar 31 Changed: Oct 2 Last Checked: Oct 7 at 5:06PM
MLS# 26006586

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 flex-space property includes three separate buildings: an office structure and two large metal buildings. The office building contains office and restroom areas, overhead storage, shelving, and an additional storage room. The larger buildings feature multiple doors, electric door openers on most doors, walk-in access, electric service, water, and lighting. Metal roofing and a 2016 construction date are also reported.

The property encompasses 2.275 acres at 698 State Hwy 1383 in Russell Springs, Kentucky, with a lot measuring approximately 275 feet deep by 220 feet wide. Covered and open parking are available, and the site is described as being within minutes of two marinas. The property is zoned R-1.

Key Highlights

  • Three‑building flex‑space property with an office building and two large metal buildings
  • Office building measures 34 X 56 and contains 1904 sq ft
  • Building one measures 40 X 93 and contains 3720 sq ft

Property Analytics

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Current Use

Flex space

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby
Well-served
Demand for This Use

Demographics for 42642, KY

12,939
Population
6,453
Households
2
Avg Household Size
42
Median Age
15%
College-Educated
83%
High-School Grad
140.2 sq mi
ZIP Area
92
Density / Sq Mi
$54,100
Median Household Income
$36,281
Median Earnings
$686
Median Rent
$138,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Three-building commercial property with office space, metal structures, utilities, overhead doors, and substantial outdoor parking.
Where is this flex space located?
The property is located at 698 State Hwy 1383 Russell Springs, KY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Three‑building flex‑space property with an office building and two large metal buildings; Office building measures 34 X 56 and contains 1904 sq ft; Building one measures 40 X 93 and contains 3720 sq ft
More about this property
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