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$425,000
512 S 12th Street, Murray, KY, 42071
12,060
Square Feet
Excellent investment opportunity to own prime commercial property on Murray’s south side. Located in a high-traffic area and surrounded by a variety of thriving commercial businesses, including retail, lodging, and restaurants. In addition to the currently tenant-occupied space, the property includes a 2-bay garage on the south side of the building that will soon be available for lease at $400/month. There is also an additional single-bay garage and storage room currently used for personal storage by the seller. Recent upgrades include a new roof installed in 2021. Three-phase electric power is available, and there is a shared drive easement with the neighboring carwash.
Offered By
Brian Settle, Atlas Real Estate & Auction Services
Property Details
Property Type
Commercial/Industrial
Status
Active
Property Sub Type
Commercial
Square Feet
12,060
MLS #
124334
Flooring
Concrete, Vinyl/Linoleum
Heating
Natural Gas
Cooling
Central Air
Utility Features
DSL/High Speed Internet, Garbage - Public, Natural Gas Available, Street Lights
SEWER
Public/Municipality
WATER SOURCE
Public/Municipality
Basement
No
FOUNDATION
Slab
ARCHITECTURAL STYLE
1 Story
Roof
Rolled
PARKING SPACES
16
Lot Size
0.00 Acres
CITY
Murray
COUNTY
Calloway
AREA
Calloway
STATE
KY
LATEST UPDATE
2026-04-30T20:30:30.265Z
DAYS ON MARKET
916
PRICE CHANGE(S)
$499,000 Oct 27, 2023
$449,900 Sep 25, 2025
$425,000 Apr 30, 2026
Property Details
Property Type
Commercial/Industrial
Status
Active
Property Sub Type
Commercial
Square Feet
12,060
MLS #
124334
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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