608-612 Broadway, Paducah, KY 42001
- Added:
- Jun 19, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 22 at 4:06 am
Property Features for 608-612 Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Assigned
- Standard status
- Active
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Wood
- Building materials
- Concrete Block, Frame
- Roof type
- Rubber
- Architectural style
- Other
Listing agent Alexis Marrs License #270867 (270) 713-9040
Listing office Keller Williams Experience Realty Paducah Branch 3420 Park Avenue Suite 2, Paducah, KY (270) 450-0827
Listing date Jun 19, 2026
Copyright © 2026 Western Kentucky Regional MLS Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Investment package with two fully renovated condos plus two framed, unfinished units ready for customization
- Plumbing and electric already run to the boundary for easier completion of the two unfinished units
- Nearly 6,000 sq ft of commercial space with multiple entrances and options for different business uses
- Dedicated off‑street parking plus on‑street and assigned parking features
- Central air with forced‑air natural gas heating
- Utilities include public water and natural gas available; roof is rubber and flooring is wood
Overview
The building is located in downtown Paducah on the expanding 600 block of Broadway, just blocks from the riverfront and within the surrounding area of dining, galleries, and boutiques. Multiple entrances and dedicated off-street parking support access for both commercial operations and residential occupants.
This configuration is well suited for investors or owner-operators seeking a value-add approach with a mix of renovated and ready-to-finish components. The combination of existing updates and unfinished, utilities-prepped space can accommodate a range of end uses for the residential units and commercial footprint, depending on your plan for completion and tenanting.
Local Financial Insights For Specialty Retail
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 | $98.6k | $16.44 |
| − Vacancy | −$3.5k | −$0.58 |
| EGI | $95.2k | $15.86 |
| − OpEx | −$23.8k | −$3.97 |
| NOI | $71.4k | $11.90 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Wild Burgers — 3100 broadway st, paducah, ky 42001
Location Insight
- Map
- Local Demand
- City
- Paducah
- County
- McCracken
- State
- Kentucky
- Longitude
- -88.6009396
- Latitude
- 37.0854327
