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Property profile & analytics
OFF-MARKET
Retail space

117 4th St Murray, KY 42071-2507

3,344 SF
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US34-0935454
Property summary
AI-generated overview

This exceptional 5,016 square foot commercial property, situated on Murray's iconic Court Square directly across from the courthouse, presents a unique investment opportunity. The building's timeless charm is complemented by its prime location, ensuring high visibility and foot traffic. Currently configured with a ground floor retail space, the property offers significant expansion potential. The second floor, encompassing 1,672 square feet, is unfinished and presents an ideal opportunity for conversion into a residential apartment or additional commercial space, effectively doubling the income potential. A full basement, also measuring 1,672 square feet, provides ample storage or further development possibilities. The property benefits from a newer roof, installed in 2015, and recently installed basement supports, ensuring structural integrity. This rare combination of historic character, prime location, and substantial space makes this property an exceptional investment opportunity for discerning buyers seeking a foothold in the vibrant Murray, Kentucky market. The building's versatility allows for a wide range of uses, making it an attractive prospect for both established businesses and entrepreneurs alike. Don't miss this chance to own a piece of Murray's rich history and thriving commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,344 SF
APN 010-0-0010-00011
UPID US34-0935454
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yours Mine & Ours Shop Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brent Haire Properties LLC · 4 yrs held
Brent Haire Properties LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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