1200 Broadway StPaducah, KY 42001

  • Other commercial real estate
For Sale
$545,000 View listing

Property Details for 1200 Broadway St

Property type
Other commercial real estate
APN
104-34-16-007
APU
1043416007

Description

This exceptional 3,960 square foot commercial property, located at 1200 Broadway in Paducah, Kentucky, presents a unique investment opportunity. Currently operating as the highly successful Chroma Salon, this established business boasts a prime location just twelve blocks from the historic riverfront and thirteen blocks from Baptist Health. The property features a thoughtfully designed floor plan including a welcoming reception and waiting area, multiple stylist booths, a dedicated aesthetician room, a nail technician space, a wash area, a convenient utility/break room, a private office, and three restrooms. A custom color bar adds a touch of elegance, while an additional studio or office space with its own separate entrance offers versatility and potential for expansion. The building sits on a high-traffic corner lot, ensuring maximum visibility and accessibility. Chroma Salon's impressive reputation is evidenced by its #1 ranking on Google and Yelp, along with numerous Paducah Reader's Choice Awards and the prestigious 2024 Paducah Civic Beautification Board Annual Business Award. This turnkey operation offers immediate income potential and a strong foundation for continued success in a vibrant downtown location. The property is priced at $545,000.

1200 Broadway St, Paducah, Kentucky

Location Insight

City
Paducah
County
Mccracken
State
Kentucky
Latitude
37.0817
Longitude
-88.6096
CBSA code
37140
CBSA name
PADUCAH, KY-IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$395
-
-
$110,000
-
-
-
$110,000

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