331 Madison Street Paducah, KY $ 359,000
331 Madison Street
$ 359,000
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331 Madison Street

Paducah, KY, 42001
$ 359,000
Bedrooms-- Baths-- Sq 4,070

Monthly Estimate*

$ 2,480

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Commercial Property for sale in Paducah, KY

for $359,000. This 4,070 square foot building was built in 1920 on a lot size of 0.12.

Located in the heart of downtown Paducah, just two blocks from the riverfront, this historic brick property offers 4,064 square feet of finished space with a unique combination of commercial and residential use. Built in 1920, the two-story building features 10-foot ceilings, hardwood floors, original architectural details, and spacious covered porches that highlight its historic character. Currently configured as a mixed-use property, this unique space features an occupied commercial area and a private residential apartment, each with it's own separate entrance. For added functionality, an interior back staircase connects the two spaces while maintaining privacy for both. The residential apartment features 3 bedrooms, 2 full bathrooms, a spacious living room, kitchen, two fireplaces, a clawfoot soaking tub, and a dedicated laundry closet with stackable washer and dryer. Additional features include newer windows and roof, electrical upgrades, some plumbing updates, luxury vinyl flooring with soundproof underlayment on the 331 side, an unfinished cellar basement, and off-street parking for two vehicles. The commercial space is fully rented, with tenants to remain. Located within walking distance of Paducah's riverfront, Farmers' Market, restaurants, local shops, and downtown attractions, this property offers an opportunity to own a historic mixed-use building with an established commercial tenant and separate residential living space.

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Commercial Active

Price

$ 359,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.12

Year Built

1920

Town/City

Paducah

County/Region

McCracken

MLS | Web ID

26029097

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Negotiable
Roof Dimensional Style
Zoning H-2
Construction Materials Brick
Year Built 1920
Property Subtype Mixed Use
Parcel Number 111-24-07-012
Business Type Professional/Office Mixed
County McCracken
Property Type Commercial Sale
Attached Garage false
Subdivision Name Downtown
Building Features Wood Flooring Vinyl Flooring Tile/Brick Floor Laundry Facilities Kitchen Facilities
Status Active
Directions From Broadway in downtown Paducah turn left onto N 3rd Street. Continue to Madison Street and turn left. Property is located at 331 Madison Street.
City Paducah
Zoning Description Historical Neighborhood
MLS Area 119 - McCracken County
Lot Size Units Acres
Lot Size Square Feet 5227.2
MLS Area Minor 119 - McCracken County
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement Sump Pump Unfinished
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
Heating-Natural Gas true
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Exterior
Parking Features On Site
Total Parking 2
Lot Size Area 0.12
Building Area Total 4070
Lot Size Acres 0.12
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Internal Only
Street Number 1 331
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* Excluded Features
List By
Housman Partners Real Estate

Broker

soldonpaducah@gmail.com

Email

Affordability Calculator

$2,480
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,480
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$359,000 Listed Price

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331 Madison Street, Paducah, KY, 42001 is a Commercial Property for sale at $359,000 with 4,070 sqft and a lot size of 0.12. 331 Madison Street was built in 1920. The property's zip code is 42001 which is in Paducah, KY