Midtown Office Property One Block from Baptist Health

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30810569
Property Subtypes: Medical, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 4,913 SF
Gross Land Area: 0.46 Acres
Sale Price: $349,900
Unit Price: $71.22 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former LabCorp- Midtown Office Property
Class of Space: Class B
Usable Size (USF): 4,913 SF
Core Factor: 1%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/5/2022

Overview / Comments

Great two-story office building in the heart of midtown Paducah only one block from Baptist Health Hospital, Paducah Tilghman High School, and nearby countless other businesses. Just under 5,000 square feet of space on a 0.459-acre corner lot with 125' of frontage on Kentucky Ave. and 160' of frontage on Otis Dinning Dr. Formerly occupied by LabCorp, and prior to that a doctor's office, it has a great floor plan that could be useful for almost any type of business with just a little updating. It features a large, open reception area, several private offices, exam rooms, shared workspaces, lab, kitchen/break room, storage, and a private upstairs. B-1 Convenience & Service Zone.

Additional Details

Nearest MSA: Paducah
County: McCracken
Taxing Authority: City of Paducah
Tax ID/APN: 104-23-14-004, 104-23-14-005.01
Zoning: B-1 CONVENIENCE & SERVICE ZONE
Property Located Between: Baptist Health Hospital & Paducah Tilghman High School
Property Visibility: Good
Airports: Barkley Regional Airport - 9 miles west
Site Description: Double lot, approximately 125' x 160'.
Area Description: Midtown Paducah
Total Number of Buildings: 1
Number of Stories: 15
Year Built: 1983
Roof Type: Gable
Construction/Siding: Brick
Parking Ratio: 5.7 (per 1000 SF)
Parking Type: Surface
Parking Description: Concrete parks & drives- 28 spaces, front and rear, plus street parking.
Total Parking Spaces: 28
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Fiber Optic
Lot Frontage: 125'
Lot Depth: 160'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,523 31,376 48,442
Median Age: 40.34 40.5 41.36
Households: 2,702 14,134 21,368

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