212 Broadway StPaducah, KY 42001

  • Commercial real estate
  • 5,496 SF
For Sale
$1,700,000 View listing

Property Details for 212 Broadway St

Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.06 AC
Property size (Sq ft)
5,496 SF
Property type
Commercial real estate
APN
112-13-23-006
APU
1121323006

Description

This exceptional mixed-use property, located at 212 & 212A Broadway in Paducah, Kentucky's vibrant riverfront district, presents a unique investment opportunity. The building boasts a total of 7,952 square feet, thoughtfully divided into approximately 6,000 square feet of luxurious residential space and approximately 2,000 square feet of retail space. The residential component features a stunning three-bedroom, two-bathroom layout, complemented by two half-bathrooms, offering awe-inspiring 180-degree river views from its rooftop deck. A charming southern-style covered porch provides additional outdoor space overlooking the bustling Broadway. Convenience is paramount with an elevator servicing all levels, a two-car garage, and thirteen additional exterior parking spaces (some leased). The retail space includes a half-bathroom. Immaculately renovated in 2013, this property benefits from a long-term commercial tenant, ensuring consistent income generation. The building's prime location within the historic district, combined with its high-end finishes and impressive amenities, makes it an exceptional investment opportunity. The asking price is $1,700,000. This is a rare chance to acquire a truly remarkable income-producing property in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,437,945
    Hospitality
    $1,317,150
    Educational
    $1,095,853
    Medical
    $1,133,541
    Retail
    $1,704,660
212 Broadway St, Paducah, Kentucky

Location Insight

City
Paducah
County
Mccracken
State
Kentucky
Latitude
37.0872
Longitude
-88.5961
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
$4,526
-
-
$353,200
-
-
-
$353,200

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