703 Jefferson StPaducah, KY 42001

This exceptional redevelopment opportunity presents a 17,075 square foot mixed-use building situated at 703 Jefferson Street in vibrant downtown Paducah, Kentucky. Currently housing three tenants, with one under lease, this property offers significant flexibility for owner-users or investors seeking a prime location. The building boasts 8,823 square feet of net rentable space, situated on a substantial 25,182 square foot lot within the B-3 zoning district. Ample parking is provided with 30 spaces, complemented by 156 feet of valuable road frontage. The property's versatile layout, encompassing storefront and traditional office spaces, caters to a diverse range of business needs. The current occupancy rate stands at 52%, presenting a compelling opportunity to increase revenue streams. This is a gross lease property with no tenant credit rating. The building features overhead doors, adding to its functional appeal. With a daily vehicle count of 6,700, this location offers exceptional visibility and accessibility. The asking price for this unique investment is $500,000. All information is believed to be reliable but should be independently verified.