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Downtown Office Suite with Reception Area

129 S Water Street, Paducah, KY 42001

For Lease
$2,500/Mo

Configured with private offices, a conference room, staff lounge, and two restrooms.

Space Size3,970 SF
Days on Market1287

Property Features for 129 S Water Street

General Information

Standard status Active
Size 3,970 SF
Net Rentable 3,970 SF

Space & Availability

Available Space 3,970 SF
Contiguous Space 3,970 SF
Space Use Office
Private Offices 7
Meeting Rooms 1

Lease Terms

Lease Rate $2,500 /MO
Monthly Rent $2,500
Rent per SF/Year $7.56
Lease Term 36 months

Amenities

waiting/reception area
library
print/copier room
staff lounge with kitchenette

Building Details

Building Size 3,970 SF
Buildings 1
Stories 1
Listing Agency: eXp Realty, LLC
Listed By: Missy Brown · License KY #262543
Source: Kypropertyhunters
Added: May 8, 2023 Changed: Nov 13 Last Checked: Nov 13 at 2:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC

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Investment Insights

Based on property information with market context.

This 3,970-square-foot office suite at the Seamen's Church Institute includes a waiting and reception area, seven offices, and one additional open office. A conference room, library, print and copier room, and staff lounge with kitchenette round out the interior. The suite also has two restrooms.

Located at 129 S Water Street in downtown Paducah, the office space is available for lease.

Key Highlights

  • 3,970 square feet within the Seamen's Church Institute
  • Seven offices plus one open office
  • Waiting and reception area, conference room, and library

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Seamen's Church Institute Charitable Organization Gault & Box, PLLC Law Firm

Suggested Use

Top Pick Dental Office Storage Facility Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,183
Businesses Nearby

Demographics for 42001, KY

31,579
Population
14,815
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
94%
High-School Grad
74.2 sq mi
ZIP Area
426
Density / Sq Mi
$68,868
Median Household Income
$42,334
Median Earnings
$916
Median Rent
$210,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Paducah, KY

$16.67 /SF/Yr
Avg Asking Price
$1.29–$135 /SF/Yr
Price Range
7,777 SF
Avg Space Size

This space is priced 55% below the average of $16.67 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Paducah, KY

$14.23 Jul
$14.46 Aug
$40.3 Sep
$17.88 Oct

Properties on Market for Office Units in Paducah

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Configured with private offices, a conference room, staff lounge, and two restrooms.
Where is this office unit located?
The property is located at 129 S Water Street Paducah, KY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 3,970 square feet within the Seamen's Church Institute; Seven offices plus one open office; Waiting and reception area, conference room, and library
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