401 Hutchinson Avenue, Paducah, KY 42003

$3,500,000
Property Type: Commercial Sale Square Footage: 30,774 Lot Size (sq. ft.): 226,076 Status: Active
Current Price: $3,500,000 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

Description

Rare investment opportunity featuring five commercial buildings totaling over 30,000 square feet. This income-producing portfolio offers strong rental history, assigned parking, and essential utilities in place, including high-speed internet, public water/sewer, and Paducah Power electric. All tenants are screened prior to occupancy, ensuring stability and reliability. Several of the rental units have been updated, enhancing appeal and long-term value. With immediate cash flow and solid construction of brick and siding, this turn-key asset is ideal for investors seeking dependable returns in a growing market. This property offers acreage to build additional structures.

Listing Details MLS# 26016590

Listing Information

Comp Sale YN
No
Property Sub Type
Mixed Use

Status Change Information

Status Change Timestamp
2026-07-07

Address

County
McCracken
Street Number
401
Street Name
Hutchinson
Street Suffix
Avenue
State
KY
Zip Code
42003
Zip +4
5758
Parcel Number
097-20-00-008

Contract

Original List Price
3500000
Start Showing Date
2026-07-07
Listing Contract Date
2026-07-04
Listing Agreement
Exclusive Right To Sell
Owner Name
Commercial
Occupant Type
Tenant
Office Exclusive YN
No
List Price/SqFt
113.73

Tax Legal

MLS Area Major
119 - McCracken County
Subdivision Name
Commercial

Interior

Living Area
29694
Living Area Units
Square Feet
Building Area Total
30774
Building Area Source
Public Records
Building Area Units
Square Feet

More Information

Building

Year Built
1976
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
5.19
Lot Size Square Feet
226076.4

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Rare investment opportunity featuring five commercial buildings totaling over 30,000 square feet. This income-producing portfolio offers strong rental history, assigned parking, and essential utilities in place, including high-speed internet, public water/sewer, and Paducah Power electric. All tenants are screened prior to occupancy, ensuring stability and reliability. Several of the rental units have been updated, enhancing appeal and long-term value. With immediate cash flow and solid construction of brick and siding, this turn-key asset is ideal for investors seeking dependable returns in a growing market. This property offers acreage to build additional structures.

Showing Information

Showing Instructions
48 Hour Notice Proof of Funds or a Pre Approval must be submitted to the listing agent before showing

Tax & Legal

Tax Rate
0.95
Zoning
Other
Zoning Description
Commercial (40)
Directions
From Mercy Health - Lourdes Hospital, turn left onto Lone Oak Road. In 1.1 miles, turn left onto Lakeview Drive. In 300 ft, turn right onto Albany. In 600 ft, turn right onto Atlanta. In .7 miles, turn left onto Hutchison Ave. Property is on the right

Association/Community

Number Of Buildings
5

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Electric
Yes
Forced Air
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Business Type

Commercial
Yes
Other
Yes

Docks

None
Yes

Sale Includes

Building(s)
Yes
Inventory
Yes
Land
Yes
Leases
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes

Property Features

Business Type: Commercial; Other Cooling: Ceiling Fan(s); Central Air Docks: None Heating: Electric; Forced Air Parking Features: On Site; Paved Possession: Negotiable Sale Includes: Building(s); Inventory; Land; Leases Tenant Pays: Common Area Maintenance; Electricity; Other Showing Requirements: Call Listing Agent
Listing Office: Better Homes and Gardens Fern Leaf Group
Last Updated: July - 08 - 2026
Information deemed reliable but not guaranteed.