701 Washington StPaducah, KY 42003

  • Other commercial real estate
  • 8,253 SF
For Sale
$275,000 View listing

Property Details for 701 Washington St

Year built
1917
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
8,253 SF
Property type
Other commercial real estate
APN
112-14-06-007
APU
1121406007

Description

This exceptional 2,625 square foot commercial property at 701 Washington St Unit B, Paducah, KY, presents a fantastic opportunity for a variety of businesses. Ideally situated across from the McCracken County Courthouse, this high-visibility location boasts exceptional foot traffic and convenient parking directly across the street. Its proximity to the McCracken County Library (two blocks) and the recently completed $14 million Dunlap Project – Jetton Schoolhouse (three blocks) further enhances its appeal and accessibility. The building itself features a recently updated roof (six months old), new gutters, and exterior metal doors, ensuring low maintenance and long-term value. The interior offers ample space, including a large back room that could easily be subdivided to create a separate dining area, making it suitable for a restaurant or similar establishment. The property is fully equipped with 220-volt outlets, additional gas capacity, and multiple newer ductless HVAC units, providing efficient and reliable climate control. Fiber optic internet is already installed. Beyond its potential as a sandwich shop or deli, this versatile space is well-suited for retail, medical, spa, or office uses. The asking price is $275,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,159,272
    Hospitality
    $1,977,881
    Educational
    $1,645,574
    Medical
    $1,702,168
    Retail
    $2,559,782
701 Washington St, Paducah, Kentucky

Location Insight

City
Paducah
County
Mccracken
State
Kentucky
Latitude
37.0833
Longitude
-88.6009
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
$593
-
-
$165,100
-
-
-
$165,100

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].