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Mixed-Use Property with Indoor Parking
For Sale
$899,000

709 Kentucky Avenue, Paducah, KY 42003

Commercial Sale, Paducah, KY

Property Size12,205 SF
Lot Size0.23 Acres
Price / SF$73.66
Days on Market152

Property Features for 709 Kentucky Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Business
Security features Security System
Subdivision Downtown
Directions I-24 W to Exit 7. Right onto Lone OakRoad. Right onto Jackson. Left onto21st. Right onto Kentucky.
Standard status Active
APN 112-14-05-006
Size 12,205 SF
Lot size 0.23 Acres

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1954
Floors in Building 1
Building materials Block
Roof type Rubber
Listing Agency: eXp Realty, LLC
Listed By: Ashlea McMillan · License #245626
Added: Apr 14 Changed: Sep 12 Last Checked: Sep 12 at 6:06PM
MLS# 26016684

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 12,205-square-foot mixed-use property occupies 0.228 acres and combines adaptable interior space with substantial parking and storage. The building includes a wide entry, kitchen, den, lounge, sunroom, primary suite, two additional bedrooms, 2.5 baths, and a central room suitable for indoor basketball, animals, or other uses. Sixteen-foot ceilings extend throughout the property, while the sunroom features an 18-foot retractable glass door. A three-car garage provides indoor parking and alley access, with unfinished storage above.

Originally built in 1954, the property has new plumbing, electrical systems, HVAC units, and a roof over the living area. Block construction, natural gas heat, central air, public sewer, and a rubber roof are also included. Its location at 709 Kentucky Avenue places the property near downtown amenities in Paducah, Kentucky.

Key Highlights

  • 12,205 square feet on a 0.228‑acre parcel
  • Three‑car garage with alley access and unfinished storage above
  • Sixteen‑foot ceilings throughout the property

Property Analytics

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Current Use

Prim and Proper Events Event Planning

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Bakery Tanning Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 42003, KY

28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Converted commercial space with flexible rooms, upgraded systems, and convenient access to downtown amenities.
Where is this mixed-use property located?
The property is located at 709 Kentucky Avenue Paducah, KY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 12,205 square feet on a 0.228‑acre parcel; Three‑car garage with alley access and unfinished storage above; Sixteen‑foot ceilings throughout the property
More about this property
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