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901 Broadway St 15,984 SF Industrial Building Paducah, KY 42001 $696,564 CAD ($43.58 CAD/SF) 8.32% Cap Rate

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INVESTMENT HIGHLIGHTS

Versatile property with warehouse and showroom space.
Recently updated exterior and lighting.

Excellent location on the corner of Broadway St and N. 9th St.

EXECUTIVE SUMMARY

Prime commercial warehouse/retail property FULLY OCCUPIED located in the heart of Downtown Paducah, prominently positioned at the corner of Broadway and North 9th Street. Situated on over half an acre, this versatile property offers approximately 10,000 square feet of warehouse space and 5,000 square feet of showroom/retail space, along with additional mezzanine storage in the warehouse. Recent improvements include new siding, exterior paint, and additional lighting in the warehouse. Currently, the entire building is leased at $4325 a month. Recently appraised at $600,000, this property is being offered below appraisal value making it a fantastic opportunity for an investor or end user. (CAP and NOI are listed with approximate expenses.)

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Net Operating Income	-	-

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income (CAD)
Annual	-
Annual Per SF	-

PROPERTY FACTS

Price	$696,564 CAD	Rentable Building Area	15,984 SF
Price Per SF	$43.58 CAD	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1959
Cap Rate	8.32%	Tenancy	Single
Property Type	Industrial	Parking Ratio	1.25/1,000 SF
Property Subtype	Warehouse Flex Showroom General Retail Storefront Showroom	Clear Ceiling Height	20’
Building Class	C	No. Drive In / Grade-Level Doors	4
Lot Size	0.54 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - Commercial

Price	$696,564 CAD
Price Per SF	$43.58 CAD
Sale Type	Investment or Owner User
Cap Rate	8.32%
Property Type	Industrial
Property Subtype	Warehouse Flex Showroom General Retail Storefront Showroom
Building Class	C
Lot Size	0.54 AC
Rentable Building Area	15,984 SF
No. Stories	2
Year Built	1959
Tenancy	Single
Parking Ratio	1.25/1,000 SF
Clear Ceiling Height	20’
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-1 - Commercial