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    407 Broadway St Paducah, KY 42001

    Sponsored
    For Sale
    $349,000

    Antique Mall, Condo Potential, High Traffic

    Property size:
    19,878 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 19,878 square foot commercial property at 407 Broadway in Paducah, Kentucky presents a rare investment opportunity. Currently operating as a thriving antique mall with individual vendor spaces, the building offers significant potential for redevelopment. Its prime downtown location in the 4th block places it within easy walking distance of the riverfront, numerous shops, restaurants, and popular attractions, ensuring high visibility and foot traffic. The building boasts abundant natural light thanks to its three-sided window exposure, preserving its historic charm while offering a bright and inviting atmosphere. The property's versatile layout makes it well-suited for a variety of uses, including conversion into residential condominiums or a mixed-use development that seamlessly blends commercial and residential spaces. The substantial square footage provides ample room for creative adaptation and expansion. This is an exceptional chance to acquire a significant piece of Paducah's vibrant downtown area, offering both immediate income potential and long-term growth prospects. The property sits on a 0-acre lot, making it ideal for redevelopment without the complexities of extensive land management. The asking price is $349,000. This is a truly unique opportunity for investors seeking a high-return property in a thriving Kentucky city.

    Property Features for 407 Broadway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    19,878 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Paducah Antique Mall Antique Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paducah
    County
    McCracken
    State
    Kentucky
    Longitude
    -88.59855
    Latitude
    37.08681

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    FAQs

    What type of property is this?
    Commercial real estate - Antique Mall, Condo Potential, High Traffic
    Where is this commercial real estate located?
    The property is located at 407 Broadway St Paducah, KY.
    What is the asking price?
    The asking price for this property is $349,000.
    (270) 415-5623
    Request Owner's contact information
    407 Broadway St Paducah, KY 42001
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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
    407 Broadway St Paducah, KY 42001
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