Paducah Office Building on
1746 Broadway St Paducah, KY 42001
1746 Broadway St, Paducah, KY, 42001
$2,750,000
For Sale
$2,750,000
Office building in downtown Paducah with excellent visibility and accessibility.
Property Size26,300 SF
Price / SF$104.56
Days on Market111
Property Features for 1746 Broadway St
General Information
- Standard status
- Active
- Size
- 26,300 SF
- Property subtype
- Office
Building Details
- Year Built
- 1947
Listing agency
Marcus & Millichap - Louisville
(502) 329-5999
Listed by
David L. Badgett Jr. · License #License(s): KY: 215224
(502) 329-5999
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 22 at 2:08AM
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 Marcus & Millichap - Louisville
Investment Insights
Based on property information with market context.
Located on Broadway in Paducah, Kentucky, this office building offers a prime opportunity in a well-traveled corridor. Situated in the heart of downtown, the property benefits from excellent visibility, steady traffic, and proximity to retail, dining, and professional services. The building features flexible office layouts suitable for a variety of business uses, with ample natural light and modern infrastructure to support day-to-day operations. Its central location makes it easily accessible to local and regional clients, while nearby amenities enhance the convenience for tenants and visitors. Broadway serves as a key commercial thoroughfare, and this office property provides a strong foundation for businesses seeking a professional presence in one of Paducah’s dynamic areas. The property size is 26,300 square feet.
Key Highlights
- Prime location on Broadway in downtown Paducah.
- Excellent visibility and steady traffic flow.
- Flexible office layouts suitable for various business uses.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $394.5k | $15.00 |
| − Vacancy | −$59.2k | −$2.25 |
| EGI | $335.3k | $12.75 |
| − OpEx | −$83.8k | −$3.19 |
| NOI | $251.5k | $9.56 |
26,300 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.59M
$3.14M – $4.19M
NOI $251,494 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.48M
$4.79M – $6.39M
NOI $383,585 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office building in downtown Paducah with excellent visibility and accessibility.
Where is this office building located?
The property is located at 1746 Broadway St Paducah, KY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime location on Broadway in downtown Paducah.; Excellent visibility and steady traffic flow.; Flexible office layouts suitable for various business uses.