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$ 4,500,000
New
2150 Irvin Cobb Drive Paducah, KY 42003
20,568 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 20,568 sqft
Price per Sqft $218
MLS Listing ID 26029774
Year Built 1970
Lot Size 4.570 Acres
Acres 4.57
Property Sub-Type Mixed Use
Property Description
Southside Square Apartments | Paducah, Kentucky Exceptional Investment Opportunity in Paducah's Southside! Southside Square Apartments presents an outstanding investment opportunity in Paducah's Southside, offering a completely renovated multifamily property with additional commercial potential. Renovated in 2025, this 38-unit apartment complex features 27 one-bedroom apartments averaging approximately 850 square feet and 11 two-bedroom apartments averaging approximately 1,050 square feet. Each unit is individually metered and showcases granite countertops, stainless steel appliances, and luxury vinyl plank flooring. Situated on 4.6 acres, the property offers room for future expansion and an impressive 276 feet of road frontage, providing excellent visibility, accessibility, and signage opportunities. Located in Paducah's Southside, the property benefits from access to established residential neighborhoods, local businesses, and the amenities and services of the greater Paducah area. Adding even more value is a separate commercial building lot measuring just under 6,000 square feet, with utilities available for hookup. This additional opportunity is ideal for a restaurant, coffee shop, or other complementary business, offering the potential to capitalize on passing traffic and serve the surrounding community. Day-to-day operations are supported by an on-site maintenance person who handles repair requests, apartment turns, and unit cleanouts, providing a practical operational advantage for ownership. With 38 renovated apartment units, substantial acreage, excellent road frontage, and additional commercial development potential, Southside Square Apartments offers investors an opportunity to acquire a versatile income-producing property with room to grow in Paducah, Kentucky.
Location
State KY
County Mccracken
Zoning B-3
Interior
Heating Ductless, Electric
Cooling Ductless, Electric, Wall Unit(s)
Exterior
Parking Features On Site, Paved
Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available
View Y/N N
Roof Type Dimensional Style
Handicap Access No
Private Pool No
Building
Sewer Public Sewer
Listed by LP Real Estate Services LLC