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Four-Unit Strip Mall
For Sale
$1,199,000

808 Chestnut Street, Murray, KY 42071

COMMERCIAL - Murray, KY

Property Size11,922 SF
Lot Size0.49 Acres
Price / SF$100.57
Days on Market145

Property Features for 808 Chestnut Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-2 Highway Business District
Parking 51
Parking features Open
Subdivision Commercial
Directions From intersection of 12th St. and Chestnut,travel East on Chestnut, property on left.
Standard status Active
APN T2500494847
Size 11,922 SF
Lot size 0.49 Acres

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Electric, Multi Units, Central Air

Building Details

Floors in Building 1
Building materials Block, Brick
Roof type Metal, Tar/Gravel, Flat, Rubber
Listing Agency: Elite Realty
Listed By: Lindy Knight · License #208090
Added: Mar 20 Changed: Aug 5 Last Checked: Aug 11 at 7:06PM
MLS# 26014663

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 four-unit strip mall includes a well-established restaurant and three retail spaces. The shopping center is fully leased, with consistent occupancy and one flexible month-to-month lease.

Located at 808 Chestnut Street in Murray, Kentucky, the property sits on a commercial corridor and benefits from public utilities including water availability and public sewer. The building is constructed with block and brick materials and features natural gas heating along with central air and electric cooling. Parking is provided with open parking. The roof system includes rubber, flat, tar/gravel, and metal components.

The total property size is 11,922 square feet, supporting a tenant mix that can appeal to users seeking restaurant-and-retail configurations within a small shopping center format.

Key Highlights

  • Four total units: one restaurant plus three retail spaces
  • Fully leased shopping center with one month‑to‑month lease
  • 11,922 SF strip mall

Property Analytics

Current Use

Aquatic Life & Exotics (Bike/Boat/Book/etc) Store Southern Soul Boutique Clothing & Fashion Store Enchanted Gaming Emporium Electronics & Wireless Store The Crossroads Restaurant

Suggested Use

Top Pick Dental Office HVAC Service Carpet & Flooring Store Hotel & Motel (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
349k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Apparel 18% Shops & Services 13% Home Improvements & Furnishings 11%
Marshalls Apparel
36,406 visits/mo 0.4 miles
Cook Out Dining
24,690 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
21,330 visits/mo 0.4 miles
Five Below Shops & Services
19,769 visits/mo 0.3 miles
Dollar General Shops & Services
15,305 visits/mo 0.3 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Four-unit strip mall with a leased restaurant and three retail spaces, built with block and brick construction.
Where is this strip mall located?
The property is located at 808 Chestnut Street Murray, KY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Four total units: one restaurant plus three retail spaces; Fully leased shopping center with one month‑to‑month lease; 11,922 SF strip mall
More about this property
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