385 Outlet Avenue, Eddyville, KY 42038

New Listing
$3,595,000
Property Type: Commercial Sale Square Footage: 159,423 Lot Size (sq. ft.): 730,501 Status: Active
Current Price: $3,595,000 List Date: 7/29/2026 Last Modified: 7/29/2026

Overview

Description

Exceptional commercial investment opportunity in Eddyville, KY! The Lyon County Business Center offers approximately 159,423 SF across seven commercial buildings situated on 16.77 acres with excellent visibility and access from US Hwy 62, KY Hwy 93, and nearby I-24. Currently generating income with an established tenant mix, this value-add property offers significant upside through continued lease-up and redevelopment opportunities. Features include extensive paved parking, commercial zoning, public utilities, flexible floorplans, and multiple building configurations suitable for retail, office, warehouse, distribution, entertainment, educational, medical, or mixed-use uses. With over 56,000 SF currently leased and substantial space available for future occupancy, this property presents a rare opportunity for investors, developers, or owner-users seeking a large-scale commercial asset in Western Kentucky.

Listing Details MLS# 26020209

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2026-07-29

Address

County
Lyon
Street Number
385
Street Name
Outlet
Street Suffix
Avenue
State
KY
Zip Code
42038
Zip +4
7704
Parcel Number
41-119

Contract

Original List Price
3595000
Start Showing Date
2026-07-29
Listing Contract Date
2026-06-17
Listing Agreement
Exclusive Right To Sell
Owner Name
Commercial
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
22.55

Tax Legal

MLS Area Major
116 - Lyon County
Subdivision Name
None

Interior

Living Area Units
Square Feet
Building Area Total
159423
Building Area Source
Public Records
Building Area Units
Square Feet

More Information

Parking Information

Parking Total
800

Building

Basement YN
No
Year Built
1990
Stories Total
Yes
Accessibility Features YN
No

Lot

Lot Size Acres
16.77
Lot Size Square Feet
730501

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Available
Yes
Phone Available
Yes
Sewer Connected
Yes
Water Available
Yes

Remarks

Public Remarks
Exceptional commercial investment opportunity in Eddyville, KY! The Lyon County Business Center offers approximately 159,423 SF across seven commercial buildings situated on 16.77 acres with excellent visibility and access from US Hwy 62, KY Hwy 93, and nearby I-24. Currently generating income with an established tenant mix, this value-add property offers significant upside through continued lease-up and redevelopment opportunities. Features include extensive paved parking, commercial zoning, public utilities, flexible floorplans, and multiple building configurations suitable for retail, office, warehouse, distribution, entertainment, educational, medical, or mixed-use uses. With over 56,000 SF currently leased and substantial space available for future occupancy, this property presents a rare opportunity for investors, developers, or owner-users seeking a large-scale commercial asset in Western Kentucky.

Building and Property Details

Furniture, Fixtures & Equipment YN
Yes

Tax & Legal

Business Name
Belle Meade Title and Escrow Corp
Tax Rate
3.22
Zoning
C
Directions
From I-24 Heading South, take Exit 40toward Eddyville on US 62/641. Continue about 2 miles, then turn left onto OutletAve. Follow Outlet Ave to 385 Outlet Ave, located in the former Eddyville Outlet Center complex.

Association/Community

Number Of Buildings
7

Construction Materials

Block
Yes
Steel Frame
Yes

Cooling

Multi Units
Yes

Heating

Forced Air
Yes

Parking Features

On Site
Yes
Open
Yes

Possession

Negotiable
Yes

Roof

Metal
Yes

Security Features

Fire Sprinkler System
Yes

Sewer

Public Sewer
Yes

Showing Considerations

Electricity Not On
Yes

Business Type

Commercial
Yes
Food & Beverage
Yes
Mixed
Yes
Professional Service
Yes
Professional/Office
Yes
Restaurant
Yes
Retail
Yes
Warehouse
Yes

Ceiling

Dropped
Yes

Electric

200+ Amp Service
Yes

Existing Lease Type

Gross
Yes

Sale Includes

Building(s)
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Land
Yes
Leases
Yes

Showing Requirements

Call Listing Agent
Yes
Listing Agent Must Accompany
Yes
Showing Service
Yes

Property Features

Utilities: Electricity Available; Phone Available; Sewer Connected; Water Available; Electricity Available; Phone Available; Sewer Connected; Water Available Business Type: Commercial; Food & Beverage; Mixed; Professional Service; Professional/Office; Restaurant; Retail; Warehouse Ceiling: Dropped Construction Materials: Block; Steel Frame Cooling: Multi Units Electric: 200+ Amp Service Existing Lease Type: Gross Heating: Forced Air Parking Features: On Site; Open Possession: Negotiable Roof: Metal Sale Includes: Building(s); Equipment; Fixtures; Furniture; Land; Leases Security Features: Fire Sprinkler System Sewer: Public Sewer Showing Considerations: Electricity Not On Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service
Listing Office: Housman Partners Real Estate
Last Updated: July - 29 - 2026
Information deemed reliable but not guaranteed.