407 Broadway St Paducah, KY 42001-0713
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.
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Paducah Antique Mall Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.