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The Coke Plant 3121 Broadway St 43,626 SF 100% Leased Retail Building Paducah, KY 42001 $4,858,015 CAD ($111.36 CAD/SF)
INVESTMENT HIGHLIGHTS
- Tenants include: Mellow Mushroom, Dry Ground Brewing Co, Yellow Horse Photography, Forever Sweet Creamery, Sprocket, Black Orchid Salon, and more!
- Over 43,000 square feet.
- Iconic art deco building originally built in 1939 as a Coca-Cola distribution center.
- Expertly located in Paducah's charming and bustling Midtown attracting both heavy foot and vehicle traffic.
EXECUTIVE SUMMARY
Incredible investment opportunity in the heart of Paducah's charming Midtown! Built in 1939, this art deco building was originally a bottling facility and a major distribution center for Coca-Cola for nearly 50 years. It later became a warehouse facility until operations were moved to an industrial park across town. After years of being vacant, with new owners, this iconic building's major rehabilitation and repurposing began early 2013 and the project quickly became both a local and national sensation! The Coke Plant naturally attracted a strong tenant base with 10 tenants and is now a cultural hub consisting of retail, food service, meeting and office spaces. In addition to all the new life within this anchor landmark, it dramatically changed the surrounding neighborhoods, encouraging a more walkable community and put Paducah's Midtown on the map as a destination. The Coke Plant is on the National Register of Historic Places and won the Ida Lee Willis Memorial Foundation Historic Preservation Award in 2017. Total building is over 46,000 sq ft. There is still opportunity within for further redevelopment and increased income stream for the vacant space upstairs (4964 sq ft).
TENANTS INCLUDE: Mellow Mushroom; Peaberry Coffee; Dry Ground Brewing Company; Sprocket; Black Orchid Salon; Guerrilla Marketing; Forever Sweet Creamery; Distorted Arts and Imagery; KMR Woodworks; Yellow Horse Photography; Future Tenant A (second floor - 4964 sq ft).
Note: Photographs do not include all tenants. No business in the Coke Plant is for sale. The purchase is for real estate only.
TENANTS INCLUDE: Mellow Mushroom; Peaberry Coffee; Dry Ground Brewing Company; Sprocket; Black Orchid Salon; Guerrilla Marketing; Forever Sweet Creamery; Distorted Arts and Imagery; KMR Woodworks; Yellow Horse Photography; Future Tenant A (second floor - 4964 sq ft).
Note: Photographs do not include all tenants. No business in the Coke Plant is for sale. The purchase is for real estate only.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
43,626 SF
Building Class
B
Year Built/Renovated
1939/2013
Price
$4,858,015 CAD
Price Per SF
$111.36 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
1.26 AC
Zoning
B-3 - Business 3
Frontage
321’ on Broadway
AMENITIES
- Atrium
- Conferencing Facility
- Corner Lot
- Mezzanine
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Accent Lighting
- Air Conditioning
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 095-44-14-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,196,977 CAD |
PROPERTY TAXES
Parcel Number
095-44-14-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,196,977 CAD
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The Coke Plant | 3121 Broadway St
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