Home » Real Estate » KY » Murray » 42071 » 408 N 12th Street, Murray, KY, 42071
$1,100,000

408 N 12th Street, Murray, KY, 42071

5,088 Square Feet
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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 Murray State University on Murray's main thoroughfare!
Offered By
John Kopperud, Kopperud Realty

Property Details

Property Type Commercial/Industrial
Status Contract Received
Property Sub Type Commercial
Square Feet 5,088
MLS # 134561

Market Trends

New Properties On Market
56
33% Increase In New Listings
Average Asking Price
$296,444
$80,996 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$146
$21 Decrease In List Price/Sq. Ft.
Average Days On Market
6
10 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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The Kentucky real estate listing data relating to properties advertised on this website comes in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate Broker participates. The homes displayed here may not be all the available properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program and properties that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the detailed listing page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate, you are advised to verify facts that are important to you and no warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Kentucky Association of Realtors and its cooperating MLS's do not create, control or review the property data displayed herein and take no responsibility for the content of such records.
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