407 Broadway St, Paducah, KY 42001-0713

Property Details for 407 Broadway St

Year built

1897

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property type

Commercial real estate

APN

112-13-12-013

APU

1121312013

Description

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.

Location Insight

City

Paducah

County

Mccracken

State

Kentucky

Longitude

-88.5985

Latitude

37.0869

CBSA code

37140

CBSA name

PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments