100 Gray St Elizabethtown, KY 42701

Gray Street Building at 100 Gray St, Elizabethtown, KY 42701 offers a compelling opportunity to acquire a renovated, multi-tenant office/medical office asset in a growing Elizabethtown location. This 9,286 SF, single-story Class B property sits on approximately 0.83 acres and was originally built in 1978 with renovations completed in 2025, giving investors and owner-users a strong blend of established presence and updated appeal. Positioned for flexibility and upside, the building can be divided into four separate office suites, creating the potential to maximize rental income and diversify tenancy. Currently 25% occupied, the property presents immediate value-add potential for investors seeking lease-up opportunity or users looking to occupy space while generating income from additional suites. Zoned C-3 and offered at $1,095,000, this property is well-suited for medical, professional office, or service-oriented uses. Its location within Elizabethtown places it near established businesses, employment centers, and a steadily growing population base, supporting long-term demand. With modified lease structure potential, updated improvements, and strong repositioning possibilities, Gray Street Building is an attractive asset for buyers targeting both stability and future growth.