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    Gray, KY
    Mixed-Use

    Gray, KY Mixed-use Properties for Sale

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    Mixed-Use Property with Pay Lake
    Updated: Oct 3
    Mixed-Use Property with Pay Lake

    213 KY-1232 Highway, Gray, KY 40734

    $1,300,000
    3,398 sqft 48.00 AC lot
    48‑acre property with a pay lake and two private ponds
    Five Airbnb lodging units across the main building and separate structures
    Main building has two Airbnb apartments and additional space
    Bait shop and eatery space on site
    Owner’s residence has 3 bedrooms and 2 baths
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    Mixed-Use Pay Lake Property
    Updated: Oct 3
    Mixed-Use Pay Lake Property

    213 KY-1232 Highway, Gray, KY 40734

    $1,300,000
    3,398 sqft 48.00 AC lot
    48 acres with three ponds, including one pay lake
    Five short‑term rental units
    Bait shop/store and eatery space on the property
    Owner’s residence with 3 bedrooms and 2 bathrooms
    30+/- wooded acres
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Gray, KY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fenced Mixed-Use Property
    Fenced Mixed-Use Property

    71 State Highway 3041 (Corbin Bypass), Corbin, KY 40701

    $899,000
    1,400 sqft 2.36 AC lot

    Four enclosed structures provide a multi-building commercial configuration with roadside access.

    View details
    Mixed-Use Property with Garages
    Mixed-Use Property with Garages

    98 E Wyrick St, Corbin, KY 40701

    $475,000
    2,341 sqft 2.60 AC lot

    Brick improvements include residential quarters, office space, and heated garage facilities.

    View details
    Updated Mixed-Use Building
    Updated Mixed-Use Building

    107 Pine St, Pineville, KY 40977

    Contact for pricing
    3,600 sqft

    Two-story property combines a street-level restaurant with an updated apartment and refreshed building systems.

    View details
    Historic Downtown Mixed-Use Building
    Historic Downtown Mixed-Use Building

    112 Kentucky Ave, Pineville, KY 40977

    Contact for pricing

    Two-story mixed-use building in historic downtown Pineville.

    View details

    Gray, KY Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Gray, KY on our real estate platform. These investment opportunities span a total of 6,796 square feet of properties for sale, with an estimated market value of $2,600,000.

    Sale prices for multi use buildings in Gray, KY average $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,633
    Population Growth (5Y) -10.4%
    Median Household Income $40,270
    College Educated 9.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.09%
    Property Tax per SF $45.21 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

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