

Multi-purpose Commercial Office Building
Office/Warehouse Building in front of 15,000 VPD
Marketing description
900 S Commonwealth Dr is a multi-purpose commercial property offering approximately 7,776 square feet of combined office and warehouse space in Mayfield, KY. This facility features 3,596 square feet of professional office space, ideal for administrative offices, professional services, or customer-facing operations, along with 4,180 square feet of warehouse space with high ceilings, roll-up doors, and flexible open space suitable for storage, logistics, or light industrial use. The site is at the corner of South Castlemen Bypass and Douthitt St and sees approximately 17,597 vehicles daily.
The property has been repriced to $1,175,000, a meaningful reduction that positions the asset below prior market and opens the door to owner-users, investors, and lease prospects alike. The current tenant, the City of Mayfield Police Department, is vacating on June 1, 2026, delivering the building clean and available for immediate use or re-tenanting. The seller is also open to a long-term lease at $87,903/yr NNN — roughly $11.30/SF — offering flexibility rarely available on fully-improved, highway-adjacent flex space in this submarket.
This is an opportunity to acquire or lease a turn-key office/warehouse facility in one of Mayfield's highest-traffic commercial corridors. Owner-users gain immediate occupancy of a purpose-built facility with no lease buyout or transition risk. Investors can re-lease at market or hold for redevelopment. Tenants looking for move-in-ready flex space with prominent visibility on S. Castlemen Bypass will find few comparable options in the Graves County market.
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