Operational Bar and
For Sale
$725,000
3501 Park Plaza Road, Paducah, KY 42001
Commercial Sale, Paducah, KY
Property Size5,072 SF
Lot Size1.22 Acres
Price / SF$142.94
Days on Market50
Property Features for 3501 Park Plaza Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-1
Zoning description
CITY R-1 (Low Density Residential)
Directions
From Kentucky Oaks Mall 5101 Hinkleville Rd, Paducah, KY 42001 Head south on James Sanders Blvd 0.2 mi Use the left 2 lanes to turn left onto Hinkleville Rd 1.3 mi Turn right onto Allen Ln 0.2 mi Turn right onto Park Plaza Rd 272 ft Turn right 62 ft Turn right
Subdivision
119 - McCracken County
Standard status
Active
APN
095-00-00-012
Size
5,072 SF
Lot size
1.22 Acres
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1989
Floors in Building
1
Building materials
Steel Frame, Brick
Roof type
Metal
Listing Agency:
Arnold Realty Group
(270) 558-1338
Listed By:
Amanda Johnson · License #241959
(618) 638-5682
Added: Aug 19
Changed: Oct 2
Last Checked: Oct 7 at 2:06PM
MLS# 26022616
Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This bar and grill business includes a 5,072-square-foot building on approximately 1.22 acres. The sale includes the operating business, equipment, inventory, and established brand. The building was constructed in 1989 with a steel-frame and brick exterior, a metal roof, forced-air natural gas heat, and central air conditioning.
The property is located along the US-60 and Mall Corridor, less than 2 miles from I-24 Exit 4 and less than a mile from Paducah Sports Park. Water is available at the property, and public sewer serves the site. Zoning is identified as R-1.
The property is located along the US-60 and Mall Corridor, less than 2 miles from I-24 Exit 4 and less than a mile from Paducah Sports Park. Water is available at the property, and public sewer serves the site. Zoning is identified as R-1.
Key Highlights
- 5,072‑square‑foot bar and grill building on approximately 1.22 acres
- Operating business conveys with equipment, inventory, and established brand
- Located less than 2 miles from I‑24 Exit 4
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,349
Cap Rate
8.32%
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 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.06M
$924.7K – $1.23M
NOI $73,975 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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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 - Established business conveys with equipment, inventory, and brand included in the sale.
Where is this bar & pub located?
The property is located at 3501 Park Plaza Road Paducah, KY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 5,072‑square‑foot bar and grill building on approximately 1.22 acres; Operating business conveys with equipment, inventory, and established brand; Located less than 2 miles from I‑24 Exit 4
