For Sale
$3,000,000

333 Broadway St Paducah, KY 42001

110,774 SF Office Building, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 10-story office building, situated in the heart of downtown Paducah, Kentucky, presents a compelling value-add investment opportunity. Encompassing nearly an entire city block on a 2.11-acre lot, this landmark property boasts 110,774 square feet of net rentable space, currently leased to seven tenants. The building, constructed in 1911, features a mix of creative, executive, and traditional office spaces, ranging from individual suites to entire floors. A three-story annex adds over 30,000 square feet, including large training rooms and executive offices. The property offers unparalleled views of the city and rivers, with historic styling and prestige. Three road frontages and 145 on-site parking spaces enhance its appeal. The building is classified as Class B and operates under a gross lease structure. Zoned B-2-T and B-2, this property presents significant redevelopment potential. The asking price is $3,000,000, translating to $27.08 per square foot. Detailed financial information, including the rent roll, is available upon request. The property's ownership is held by US Bank, and the APN is 112-13-17-011, 012, 013, 001, 002. This is a multi-tenant property with no tenant credit rating.

Property Details for 333 Broadway St

Property type
Office properties, Office space
Square Feet
110,774 SF
Class
B
Year Built
1911
Stories
10
Lot Size (sq. ft)
91,912 SF

Location Insight

City
Paducah
County
McCracken
State
Kentucky
Latitude
37.08670611581
Longitude
-88.598140167211

FAQs

What type of property is this?
Office property - 110,774 SF Office Building, Redevelopment Opportunity
Where is the office property located?
The property is located at 333 Broadway St Paducah, KY.
What is the asking price?
The asking price for this property is $3,000,000.
How can I contact the broker?
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333 Broadway St
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