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    516 Jefferson St Paducah, KY 42001

    For Lease
    $8 SF/Yr

    Commercial, 1 Story - Paducah, KY

    Days on Market:
    36
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 516 Jefferson St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Wood
    Building materials
    Brick
    Roof type
    Rubber
    Architectural style
    Other

    eXp Realty, LLC (888) 624-6448

    Listing agent Kathleen Gillespie (888) 624-6448 License #222131

    Listing date Nov 2, 2025

    MLS# 130894 Listing URL

    Copyright © 2025 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Riverfront District

    This historic one-story commercial building is located on Jefferson Street in Paducah, KY. Situated in the riverfront business district, the property is near culture, arts, and entertainment venues. The space features an open concept layout, a large breakroom/kitchen, and two restrooms. The property is suitable for both retail and professional businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    528 Asian Bistro Asian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.600433
    Latitude
    37.0869135

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    FAQs

    What type of property is this?
    Retail space - Prime leasing opportunity in Paducah's cultural and arts district.
    Where is this retail space located?
    The property is located at 516 Jefferson St Paducah, KY.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Jefferson Street in the riverfront business district.; - Historic building with potential for synergy with neighboring Grand Lodge.; - Open concept space adaptable for retail or professional use.
    (888) 624-6448
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 Jefferson St Paducah, KY 42001
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