# 304 W Walnut Street, Mayfield, KY 42066

> **TL;DR:** commercial, $874,000 ($437/sqft), built 1940, 2,000 sqft.
> A/C. Est. $4,674/mo. Listed 141 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $874,000 |
| Price/sqft | $437 |
| Square Feet | 2,000 |
| Year Built | 1940 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 141 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,419 |
| Estimated Insurance | $255 |
| **Total** | **$4,674** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1940
- 0.13 acre lot
- 15 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 304 W Walnut Street, Mayfield, KY 42066
- **County:** Graves
- **Neighborhood:** Commercial
- **Coordinates:** 37.481447, -86.297654
- **Google Maps:** https://www.google.com/maps?q=37.481447,-86.297654

## Listing Agent

- **Name:** Kim Musgrave
- **Brokerage:** Musgrave Realty, LLC
- **Phone:** 2703661770

## Primary Photo

![304 W Walnut Street - Primary Photo](http://lh.rdcpix.com/fd0fbe100d6fd9e1e7d5491cae423570l-f3280930182r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.ai/listing/304-w-walnut-street-mayfield-ky-42066-26016956)*

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**MLS#:** 26016956 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/304-w-walnut-street-mayfield-ky-42066-26016956)

---

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