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Mixed-Use Property With Apartments
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900 Coldwater Rd, Murray, KY 42071

Mixed-use property combines multifamily residences with office-retail space and built-in living quarters.

Property Size11,830 SF
Lot Size0.70 Acres
Days on Market144

Property Features for 900 Coldwater Rd

General Information

Standard status Active
Size 11,830 SF
Lot size 0.70 Acres
Property subtype Mixed Use, Multifamily
Zoning B-2

Units

Unit Mix 6 x 2BD/1BA, 4 x 1BD/1BA, 2 x studio, 1 x 3BD/2BA
Multifamily Units 13
Office Units 1

Additional Details

Road Access Yes

Building Details

Buildings 1
Building Size 11,830 SF
Tenancy Multi
Listing Agency: The Jeter Group
Listed By: Thomas Mahoney · License #278543
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:09AM

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 The Jeter Group

Investment Insights

Based on property information with market context.

This mixed-use property contains an 11,830-square-foot building on 0.70 acres, with 14 total units comprising 13 multifamily residences and one office-retail space. The commercial component includes built-in living quarters, creating a combined residential and business configuration. The multifamily inventory includes six two-bedroom, one-bath units, four one-bedroom, one-bath units, two studio units, and one three-bedroom, two-bath unit.

The property carries B -2 zoning and fronts Coldwater Rd for 252 feet, with an additional 129 feet along Park St. Its location is close to Murray State University, providing an established nearby institutional reference point for the mixed-use asset.

Key Highlights

  • 14 total units: 13 multifamily units and 1 office/retail space
  • Unit mix includes 6 2BD/1BA, 4 1BD/1BA, 2 studios, and 1 3BD/2BA
  • 11,830 sq. ft. building area on 0.70 acres

Property Analytics

Current Use

Horton's Lock Shop Auto Repair Shop

Suggested Use

Top Pick Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Pet Grooming Service

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

1
Office units
13
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

403
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combines multifamily residences with office-retail space and built-in living quarters.
Where is this mixed-use property located?
The property is located at 900 Coldwater Rd Murray, KY.
What are key features of this property?
This property features: 14 total units: 13 multifamily units and 1 office/retail space; Unit mix includes 6 2BD/1BA, 4 1BD/1BA, 2 studios, and 1 3BD/2BA; 11,830 sq. ft. building area on 0.70 acres
(270) 252-4038 Call to check price and availability
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