304 W Walnut Street Mayfield, KY $ 874,000
304 W Walnut Street
$ 874,000
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304 W Walnut Street

Mayfield, KY, 42066
$ 874,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 5,519

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Commercial Property for sale in Mayfield, KY

for $874,000. This 2,000 square foot building was built in 1940 on a lot size of 0.13.

One-of-a-kind commercial/live-work property with a 2022 full remodel. Custom tongue-and-groove woodwork, decorative metal ceilings, whole-house water filtration, new roof, siding & flooring. Includes two additional gravel parking lots for expansion or development. Prime high-visibility location at a 3-way stop with increased traffic during Court Square events. Ideal for business, live/work, or future apartments. Main building, 304 W. Walnut, has 3 bed and 2.5 baths, plus spacious office area. 306 W Walnut: ~ 3600 Sq Ft: ~1200 lower level, ~1200 upper level, ~1200 side addition. This building includes 1 bath. Two overhead doors with a mechanic's area and a wash bay. Open loft living space with open ceilings. Loft has a mini-split unit. 314 W Walnut: 55x120 gravel parking lot, no structures. 413 Linden Dr: has approx. 2,000 sq ft concrete pad to fit 50 - 70 cars, no structures. Has electrical pole.

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Commercial Active

Price

$ 874,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.13

Year Built

1940

Town/City

Mayfield

County/Region

Graves

MLS | Web ID

26016956

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Metal
Zoning R-1
Construction Materials Aluminum Siding
Year Built 1940
Property Subtype Business
Parcel Number 205.00.14.009.00
Business Type Commercial
County Graves
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Commercial
Building Features Other Flooring Type Concrete Floor
Status Active
Directions From the North on I-69 take exit 22 turn towards Mayfield. At the first red light turn right go to 2nd stop sign the car lot is on the right.
City Mayfield
MLS Area 118 - Graves County
Lot Size Units Acres
Lot Size Square Feet 5698.0
Land Lease Y/N N
MLS Area Minor 118 - Graves County
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features Gravel Paved
Total Parking 15.0
Lot Size Area 0.13
Number of Buildings 4
Building Area Total 5600.0
Lot Size Acres 0.13
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Forced Air True
Heating-Natural Gas True
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Internal Only
Street Number 1 304
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* Excluded Features
List By
Musgrave Realty, Llc

Broker

kimmusgraveworks@gmail.com

Email

Affordability Calculator

$5,519
Per Month
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Monthly Principal & Interest
$5,519
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2026$874,000 Listed Price

Map


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304 W Walnut Street, Mayfield, KY, 42066 is a Commercial Property for sale at $874,000 with 2,000 sqft and a lot size of 0.13. 304 W Walnut Street was built in 1940. The property's zip code is 42066 which is in Mayfield, KY