502 N 5th St - Apartments FOR SALE


Paducah, KY 42001
$899,000 USD
270-331-4747
502 N 5th St, Paducah, KY for Sale
$899,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

502 N 5th St
Paducah, KY 42001


HIGHLIGHTS

  • Newly remodeled, expansive nearly 8,000 sq ft home in Paducah's historic Lowertown Arts District, Walking distance to many downtown restaurants/shops.
  • 6 generous ensuite bedrooms with mini fridge and coffee maker. Beautiful kitchen with solid white oak cabinets and granite countertops.
  • Elevator. Billiard room with secret door.
  • Large meeting room/event space - 100 Person Capacity. 2 fireplaces. 4 car detached garage.
  • Multiple stylish sitting rooms providing comfort, peace and relaxation. Stunning gardens.
  • Sleek website with easy online booking through Logify via travel sites Expedia.com, Hotels.com, Booking.com

OVERVIEW

A breathtakingly unique and luxurious building in Paducah's charming LowerTown Arts District-just minutes from local attractions such as our vibrant historic downtown and riverfront! Built in 2008 and fully renovated in 2019, the property boasts six beautifully appointed en-suite bedrooms, modern kitchen, fitness room, secret billiards room, elevator, multiple sitting rooms, a tranquil garden, 4 car detached garage and MORE. Currently home to the successful BnB, The Respite, it also includes a large events room with a capacity to accommodate up to 100 guests. The property represents a compelling opportunity to own a well-established and profitable business in Paducah's thriving tourism sector!

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

1

PRICE/UNIT

$899,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,301 SF

ZONING

-

APN/PARCEL ID

111-24-03-009

ASK ABOUT THIS PROPERTY

Kathleen GillespieThe Washburn Gillespie Group | eXp Realty LLCMore Info
270-331-4747

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Kathleen GillespieThe Washburn Gillespie Group | eXp Realty LLCMore Info
270-331-4747

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.