Historic Mixed-Use
806 Jefferson Paducah, KY 42001
806 Jefferson, Paducah, KY, 42001
$395,000
For Sale
$395,000
COMMERCIAL - Paducah, KY
Property Size3,400 SF
Price / SF$116.18
Days on Market34
Property Features for 806 Jefferson
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Utilities
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Flooring type
- Wood, Tile
- Building materials
- Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Housman Partners Real Estate
(270) 534-5569
Listed by
Jessica Housman · License #201474
(270) 534-5569
Added: Jun 18 Updated: Jul 11 at 10:35AM Checked: Jul 21 at 5:06PM
MLS# 137540
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.
Investment Insights
Based on property information with market context.
Built in 1890, this distinctive multi-level commercial property has historically served as both a residential duplex and a chiropractic office, reflecting a flexible layout. Interiors feature original architectural details including exposed brick, wood floors, tall ceilings, and abundant natural light. The configuration includes multiple offices, reception areas, gathering spaces, and two kitchen areas, along with a floored attic and basement storage.
The property is located on Jefferson Street, just minutes from downtown Paducah, with plentiful parking available on site. Multiple entrances support separate access points, which can be helpful for accommodating varied uses within the building.
The property is located on Jefferson Street, just minutes from downtown Paducah, with plentiful parking available on site. Multiple entrances support separate access points, which can be helpful for accommodating varied uses within the building.
Key Highlights
- Built in 1890 multi‑level building with over 3,400 SF and historic character in downtown Paducah
- Previously used as a residential duplex and chiropractic office, with a layout suited to multi‑use options
- Interior features include exposed brick, wood and tile flooring, tall ceilings, abundant natural light, and multiple offices and reception areas
Local Financial Insights For Mixed Use
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 | $64.5k | $18.96 |
| − Vacancy | −$6.8k | −$1.99 |
| EGI | $57.7k | $16.97 |
| − OpEx | −$21.6k | −$6.36 |
| NOI | $36.1k | $10.61 |
3,400 SF · lease $18.96/SF/yr · vacancy 10.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$515.1K
$450.8K – $601.0K
NOI $36,060 @ 7.0% cap · market cap 9.13%
Second Best
Healthcare Medical
$505.0K
$441.9K – $589.2K
NOI $35,352 @ 7.0% cap · market cap 8.95%
Theoretical Best
Warehouse
$708.4K
$619.9K – $826.5K
NOI $49,589 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Terry G. Heisner, ...
Alternative Medicine Practice
Similar For Sale Nearby
Similar Off Market Nearby
- Fox Equine Services — Paducah, KY 42002
FAQs
What type of property is this?
Medical Office Space - Built in 1890, this multi-level property offers historic interiors, multiple entrances, and space that has served as a duplex and chiropractic office.
Where is this medical office space located?
The property is located at 806 Jefferson Paducah, KY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Built in 1890 multi‑level building with over 3,400 SF and historic character in downtown Paducah; Previously used as a residential duplex and chiropractic office, with a layout suited to multi‑use options; Interior features include exposed brick, wood and tile flooring, tall ceilings, abundant natural light, and multiple offices and reception areas
