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Open-Plan Retail Space

516 Jefferson Street, Paducah, KY 42001

For Lease
$8 SF/Yr

An adaptable interior features a kitchen and breakroom alongside two restrooms.

Space SizeContact for details
Property Size2,925 SF
Days on Market612

Property Features for 516 Jefferson Street

General Information

Standard status Active
Size 2,925 SF

Additional Details

Divisible Yes

Amenities

breakroom/kitchen
restrooms

Building Details

Building Size 2,925 SF
Buildings 1
Stories 1
Listing Agency: eXp Realty, LLC
Listed By: Kathleen Gillespie · License KY #222131
Source: Kypropertyhunters
Added: Mar 13, 2025 Changed: Nov 13 Last Checked: Nov 13 at 10:15PM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,925-square-foot retail space occupies a historic building at 516 Jefferson Street in Paducah. The interior has an open layout, a kitchen and breakroom, and two restrooms; the space can also be divided into separate areas.

The property is next door to The Grand Lodge, another historic building.

Key Highlights

  • 2,925‑square‑foot retail space
  • Open interior layout that can be divided
  • Kitchen and breakroom, plus two restrooms

Property Analytics

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

Current Use

528 Asian Bistro Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store Skin Care Clinic Bakery Veterinary Clinic

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 80% Shops & Services 11% Home Improvements & Furnishings 9%
Holiday Inn Paducah Riverfront Hotels & Casinos
4,038 visits/mo 0.4 miles
Safelite AutoGlass Shops & Services
570 visits/mo 0.2 miles
PPG Paints Home Improvements & Furnishings
435 visits/mo 0.2 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
View Realmo Analytics

Market

Lease Benchmarks for Paducah, KY

$16.66 /SF/Yr
Avg Asking Price
$2.87–$42.25 /SF/Yr
Price Range
10,770 SF
Avg Space Size

This space is priced 52% below the average of $16.66 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Paducah, KY

$18.89 Jul
$18.96 Aug
$24.66 Sep
$23.22 Oct

Properties on Market for Retail space in Paducah

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An adaptable interior features a kitchen and breakroom alongside two restrooms.
Where is this retail space located?
The property is located at 516 Jefferson Street Paducah, KY.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 2,925‑square‑foot retail space; Open interior layout that can be divided; Kitchen and breakroom, plus two restrooms
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