5050 Village Square Drive, Paducah, KY 42001

$440,000
Property Type: Commercial Sale Square Footage: 8,900 Status: Closed
Current Price: $440,000 List Date: 10/02/2018 Last Modified: 7/31/2026

Overview

Description

CLASS A COMMERCIAL PROPERTY FOR SALE - Centrally located with high traffic counts in the West Park area and in excellent condition. Currently rented in two suits, 1600sf-North Western Mutual and 7300sf-Atlas Physical Therapy. Atlas can be split into two space and will be available for lease January 2019. Ideal for a owner occupant to use one suit and offset building cost with long term tenants in the others. Northwestern Mutual will sign a new 5 year lease upon purchase. 2000-7300sf for lease. MLS #99715 and 99714. A buyer purchased 1/2 of the property for $440,000 and became partners in the property with the other owner. Closing took place on 12/31/2021.

Listing Details MLS# W99697

Status Change Information

Status Change Timestamp
2021-01-20
Purchase Contract Date
2020-03-10
Close Date
2020-12-30
Close Price
440000
Buyer Financing
Cash

Address

County
McCracken
Street Number
5050
Street Name
Village Square
Street Suffix
Drive
State
KY
Zip Code
42001

Contract

Original List Price
1300000
Listing Contract Date
2018-10-02
Owner Name
BC Properties
Occupant Type
Occupied
SP/LP
0.44

Interior

Living Area
8900
Building Area Source
Owner

Building

Basement YN
No
Stories Total
Yes
Accessibility Features YN
Yes

Utilities

Cooling YN
Yes
Heating YN
Yes

More Information

Remarks

Public Remarks
CLASS A COMMERCIAL PROPERTY FOR SALE - Centrally located with high traffic counts in the West Park area and in excellent condition. Currently rented in two suits, 1600sf-North Western Mutual and 7300sf-Atlas Physical Therapy. Atlas can be split into two space and will be available for lease January 2019. Ideal for a owner occupant to use one suit and offset building cost with long term tenants in the others. Northwestern Mutual will sign a new 5 year lease upon purchase. 2000-7300sf for lease. MLS #99715 and 99714. A buyer purchased 1/2 of the property for $440,000 and became partners in the property with the other owner. Closing took place on 12/31/2021.

Property Features

Utilities: Cable Available; Sewer Available; Water Available; Cable Available; Sewer Available; Water Available Building Features: Other Flooring Type; Tile/Brick Floor; Wood Flooring Business Type: Professional/Office Construction Materials: Other Cooling: Central Air Docks: None Heating: Electric; Natural Gas Listing Terms: Lease Option Possession: Negotiable; Subject To Tenant Rights Roof: Composition; Shingle Sale Includes: Easements Sewer: Public Sewer Water Heater: Gas Showing Requirements: Call Listing Agent
Listing Office: Arnold Realty Group
Last Updated: July - 31 - 2026
Information deemed reliable but not guaranteed.
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