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    1526 Park Ave Paducah, KY 42001

    Sponsored
    For Sale
    $100,000

    Iconic 28,000 sq ft building, 1.3 acres

    Property size:
    28,394 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This magnificent 1942 structure, the Margaret Hank Memorial Church, is back on the market due to unforeseen circumstances with prior financing. Boasting over 28,000 square feet of finished space, this stunning brick and stone building presents a unique opportunity for adaptive reuse. Situated on a desirable 1.3-acre corner lot in Paducah, KY, the property offers exceptional accessibility with access from all sides and ample on-street and off-street parking. The grand sanctuary features stately wood trim, showcasing the building's historical significance and architectural beauty. Beyond the sanctuary, the expansive layout includes numerous spacious rooms suitable for offices, multi-purpose areas, or a variety of other commercial uses. These rooms are distributed across the first and second floors. A finished basement adds further versatility, including a full kitchen, providing additional space for offices, living quarters, or other functional areas. This property's size, location, and historical character make it an exceptional investment opportunity with significant potential for a wide range of commercial ventures. The asking price is $100,000. This is a rare chance to acquire a piece of Paducah's history and transform it into a thriving commercial enterprise.

    Property Features for 1526 Park Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    28,394 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Grace Covenant Presbyterian ... Church Casey Video Depos Video Store United Church of Paducah Church

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -88.61847
    Latitude
    37.08564

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic 28,000 sq ft building, 1.3 acres
    Where is this commercial real estate located?
    The property is located at 1526 Park Ave Paducah, KY.
    What is the asking price?
    The asking price for this property is $100,000.
    (270) 908-0020
    Request Owner's contact information
    1526 Park Ave 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
    1526 Park Ave Paducah, KY 42001
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