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Listing Courtesy of: Stedelin Real Estate, Llc - 270-753-8900 - Brian Stedelin

Description for 406 12th

MLS# 119711

Outstanding Commercial Development Opportunity on 12th Street in Murray! Centrally located in Murray, on 12th Street (US 641), this parcel was a restaurant location for many years and is in close proximity to the Murray City Parks, established residential areas, many of the retail stores and restaurants, and Murray State University. Almost an acre in size, with approximately 126 ft of road frontage and approximately 337 ft of depth, this parcel is well suited for a variety of uses as a retail development location. Zoned B-2 Highway Business.

General Features Property for Sale

  • Price
    $1,295,000
  • Listing Type
    Land
  • MLS#
    119711
  • County
    Calloway
  • Subdivision
    None
  • Approx. Acreage*
    0.98

Additional Details

General

Land Use Topography : Level
Restrictions : Zoning

Lot

Easements : Utility

Equipment

Electric Company : Murray Electric
Gas Company : Murray Natl Gas
Sewer : Public/Municipality
Water : Public/Municipality
Water Company : Murray Municipal

Schools

Elementary School : Calloway/Murray-Verify
Middle School : Calloway/Murray-Verify
Sr High School : Calloway/Murray-Verify

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Market Research

This Property

  • $1,295,000

    List Price

  • 213

    Days on Website (Oct 26, 2022)

Murray Land Values

  • $101,528

    Average List Price

  • 461

    Average Days on Market

  • $89,828

    Average Sold Price

  • 1,302

    Number of Properties for Sale

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Listing Courtesy of: Stedelin Real Estate, Llc - 270-753-8900 - Brian Stedelin
Information herein is deemed reliable but not guaranteed. This site may not contain all listings available through the MLS. Copyright© 2023 by Western Kentucky Regional MLS, Inc. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.