$1,199,000
808 Chestnut Street, Murray, KY 42071
- 0.49
- acres
- Mixed Use
- Property type
- 0.49 acres
- Lot size
Listing Description
INVESTMENT OPPORTUNITY IN A PRIME LOCATION!! Positioned in a high-traffic corridor on Chestnut Street, this fully leased shopping center is a standout opportunity for investors seeking immediate income and long-term growth. The property features four total units, including a well-established restaurant and three retail spaces - offering a diverse tenant mix. With consistent occupancy and one flexible month-to-month lease, this asset provides both stability and upside potential. Situated on 1.38 acres in the heart of Murray, the property benefits from excellent visibility, surrounded by a thriving commercial district filled with popular shops and dining destinations. Just minutes from Murray State University, this location draws from a strong and reliable customer base, making it an ideal addition to any investment portfolio. INCOMEPRODUCING, STRATEGICALLY LOCATED, and full of potential - this is the opportunity you've been waiting for!!
Listed by Elite Realty · joemetzgerproperties@gmail.com
MLS #26014663 · Listing provided by![]()
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Mixed Use
- Lot size
- 0.49-acre lot
Interior
- 0 bathrooms
Property
- Mixed Use
- 0.49-acre lot
Construction
- Flat, Metal, Rubber, Tar/Gravel
- Heating: Natural Gas
- Cooling: Central Air, Electric, Multi Units
Show all home details
Exterior & parking
- Roof
- Flat, Metal, Rubber, Tar/Gravel
- Parking features
- On Site, Paved, Open
Utilities & comfort
- Heating
- Natural Gas
- Cooling
- Central Air, Electric, Multi Units
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- On Site, Paved, Open
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jun 23, 2026 | Listed for sale | $1,199,000 |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$7,640/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $6,221
- Taxes
- $1,069
- Other costs
- $350
- $1,199,000
- Home price
- 20% · $239,800
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $6,221
- Estimated property taxes
- $1,069
- Home insurance
- $350
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
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Payment Breakdown
- Principal & interest
- $6,221
- Estimated property taxes
- $1,069
- Home insurance
- $350
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Assigned Schools
Elementary School
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Middle School
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty