408 N 12th St - Freestanding FOR SALE


Murray, KY 42071
$1,100,000 USD
408 N 12th St, Murray, KY for Sale
$1,100,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

408 N 12th St
Murray, KY 42071


OVERVIEW

Prime Commercial Location at Murray's Busiest Intersection! Located at the highly visible intersection of 12th and Chestnut St in Murray, this property includes the old Pizza Hut building which features 2,176 sq ft of restaurant space as well as 2,912 sq ft retail location next door. The large .69 acre lot has over 219 feet of frontage on N 12th St as well over 88 feet of frontage on Chestnut St. Property is zoned B-2 Highway Business District with a wide range of permitted usage including restaurant with drive-through, retail, office, medical, and more. This tract would make an excellent redevelopment opportunity or use of the existing building. Close to restaurants, retail, and MurrayState University on Murray's main thoroughfare!

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

B-2

APN/PARCEL ID

006-0-0002-00001,006-0-0002-0001B

ASK ABOUT THIS PROPERTY

John KopperudKopperud RealtyMore Info

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