911 Joe Clifton Dr Paducah, KY 42001

Property Details for 911 Joe Clifton Dr

Lot size

4.05 lot acres

Property size

43,923 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 911 Joe Clifton Drive in Paducah, Kentucky, presents a unique investment opportunity. The 43,923-square-foot building sits on a generous 4.05-acre lot, offering ample space and high visibility with two street accesses and additional land. The property is zoned for General Business (B-3) and features a mix of industrial and office space, making it ideal for a variety of uses. The warehouse component boasts over 20,000 square feet of space, featuring high ceilings, two loading docks, and four dock-high doors (two 12'x12', one 8'x10', one 8'x8', and two 7'x8'). An additional 20,000+ square feet is dedicated to office/workspace. The entire building is equipped with a sprinkler system. The expansive parking lot accommodates 75+ vehicles. The property's convenient location, less than 2.5 miles from I-24 and the downtown riverfront, provides excellent access and exposure. The asking price is $975,000, with a price per square foot of $22.20. A 2022 appraisal valued the property at over $1,800,000. The seller may consider a long-term lease option or tenant improvement allowance (TIA) as part of a lease or sale agreement. An existing buyer's note is assumable, subject to lender approval and buyer qualification. This property is currently vacant.