407 Broadway St Paducah, KY 42001
- Commercial real estate
- 20,688 SF
Current Use by Public Records
- Paducah Antique Mall / Antique Store
Property Details for 407 Broadway St
- Year built
- 1897
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 20,688 SF
- Property type
- Commercial real estate
- APN
- 112-13-12-013
- APU
- 1121312013
Description
This exceptional 19,878 square foot commercial property at 407 Broadway in Paducah, Kentucky presents a rare investment opportunity. Currently operating as a thriving antique mall with individual vendor spaces, the building offers significant potential for redevelopment. Its prime downtown location in the 4th block places it within easy walking distance of the riverfront, numerous shops, restaurants, and popular attractions, ensuring high visibility and foot traffic. The building boasts abundant natural light thanks to its three-sided window exposure, preserving its historic charm while offering a bright and inviting atmosphere. The property's versatile layout makes it well-suited for a variety of uses, including conversion into residential condominiums or a mixed-use development that seamlessly blends commercial and residential spaces. The substantial square footage provides ample room for creative adaptation and expansion. This is an exceptional chance to acquire a significant piece of Paducah's vibrant downtown area, offering both immediate income potential and long-term growth prospects. The property sits on a 0-acre lot, making it ideal for redevelopment without the complexities of extensive land management. The asking price is $349,000. This is a truly unique opportunity for investors seeking a high-return property in a thriving Kentucky city.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paducah
- County
- Mccracken
- State
- Kentucky
- Longitude
- -88.5985
- Latitude
- 37.0869
- CBSA code
- 37140
- CBSA name
- PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA
