Turn-Key Bar and
For Sale
$675,000
3501 Park Plaza Rd, Paducah, KY 42001
Fully operational bar and pub with equipment, inventory, and an established brand included in the sale.
Property Size5,072 SF
Price / SF$133.08
Days on Market59
Property Features for 3501 Park Plaza Rd
General Information
Standard status
Active
Size
5,072 SF
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
Arnold Realty Group
Listed By:
Amanda Johnson · License #241959
(541) 548-1250
Source:
Centralkentuckyhouses
Added: Aug 19
Changed: Oct 13
Last Checked: Oct 14 at 11:09PM
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 Arnold Realty Group
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Investment Insights
Based on property information with market context.
This 5,072-square-foot bar and pub occupies approximately 1.23 acres and was built in 1989. The property is conveyed as a fully operational business with equipment, inventory, and the established brand included in the sale.
The site is located along the US-60 and Mall Corridor in Paducah, less than 2 miles from I-24 Exit 4. Paducah Sports Park, identified as a 130-acre tournament complex, is located less than a mile away. The property is also positioned near McCracken County’s reported industrial and economic development activity.
The site is located along the US-60 and Mall Corridor in Paducah, less than 2 miles from I-24 Exit 4. Paducah Sports Park, identified as a 130-acre tournament complex, is located less than a mile away. The property is also positioned near McCracken County’s reported industrial and economic development activity.
Key Highlights
- 5,072‑square‑foot bar and pub on approximately 1.23 acres
- Fully operational business conveyed with equipment and inventory
- Established brand included with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,349
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,980
$1.2M
Cap Rate 7%
$862,129
$862.1K
Cap Rate 9%
$670,544
$670.5K
Market Conditions
NOI Build-Up for 5,072 SF
Gross rent
$83.4K $16.44/SF
− Vacancy
−$2.9K −$0.58/SF
EGI
$80.5K $15.86/SF
− OpEx
−$20.1K −$3.97/SF
NOI
$60.3K $11.90/SF
Area
McCracken County, KY
Vacancy
3.50%
Lease Rate
$16.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,206,980
Cap Rate 7%
$862,129
Cap Rate 9%
$670,544
Alternative Uses
Best Use
Specialty Retail
$862.1K
$754.4K – $1.01M
NOI $60,349 @ 7.0% cap · market cap 8.94%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.06M
$924.7K – $1.23M
NOI $73,975 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Beauty & Spa 35%
Paducah Ford, Inc
Shops & Services
2,715 visits/mo
0.2 miles
Cosmoprof
Beauty & Spa
1,448 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- O'Charley’s Restaurant & Bar — 3916 Hinkleville Rd, Paducah, KY 42001
- KC's Bar & Grill — 3501 Park Plaza Rd, Paducah, KY 42001
- KC's Bar and Grill — 3501 Park Plaza Rd, Paducah, KY 42001
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully operational bar and pub with equipment, inventory, and an established brand included in the sale.
Where is this bar & pub located?
The property is located at 3501 Park Plaza Rd Paducah, KY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 5,072‑square‑foot bar and pub on approximately 1.23 acres; Fully operational business conveyed with equipment and inventory; Established brand included with the sale
