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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

331 Madison Street, Paducah, KY 42001

$359,000
  • 331 Madison Street, Paducah, KY 42001 Main Photo

33 Photos

Contingent
SQUARE FEET4,070 MLS#26029097
STATUS PROPERTY TYPECommercial - Business SUBDIVISIONDowntown

Property Description

Located in the heart of downtown Paducah, just two blocks from the riverfront, this historic brick property offers 4,064 square feet of finished space with a unique combination of commercial and residential use. Built in 1920, the two-story building features 10-foot ceilings, hardwood floors, original architectural details, and spacious covered porches that highlight its historic character. Currently configured as a mixed-use property, this unique space features an occupied commercial area and a private residential apartment, each with it's own separate entrance. For added functionality, an interior back staircase connects the two spaces while maintaining privacy for both. The residential apartment features 3 bedrooms, 2 full bathrooms, a spacious living room, kitchen, two fireplaces, a clawfoot soaking tub, and a dedicated laundry closet with stackable washer and dryer. Additional features include newer windows and roof, electrical upgrades, some plumbing updates, luxury vinyl flooring with soundproof underlayment on the 331 side, an unfinished cellar basement, and off-street parking for two vehicles. The commercial space is fully rented, with tenants to remain. Located within walking distance of Paducah's riverfront, Farmers' Market, restaurants, local shops, and downtown attractions, this property offers an opportunity to own a historic mixed-use building with an established commercial tenant and separate residential living space.

331 Madison Street | MLS# 26029097

This commercial property located at 331 Madison Street, Paducah, KY 42001 is currently listed for sale with an asking price of $359,000. Search Paducah real estate on www.salliedavidson.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Gas
Heating: Natural Gas
Lot Size: 0.12 Acres
Roof Type: Dimensional Style
Year Built: 1920

Feature Descriptions

Basement Features: Sump Pump, Unfinished
Business Type: Mixed, Professional/Office
Days on Site: 12
Exterior: Brick
Lot Dimensions: 0.120 acre(s)
Parcel #: 111-24-07-012
Parking Notes: On Site
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected

Listed By / Shown By

Listed By

Agency Name: Housman Partners Real Estate

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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