Prime redevelopment opportunity located in the heart of Paducah's busiest retail corridor. The site currently operates as Econolodge, leased through August 2026. Following lease expiration, the existing structure will be demolished, allowing for full redevelopment of the property. The offering includes approximately 3.6 acres, with the ability to subdivide into multiple configurations, available as a ground lease at $2.00 per square foot. Ownership has already completed conceptual plans for future strip center development, with renderings included in the marketing package to illustrate potential buildout options. Strategically positioned just off I-24 Exit 4, this highly visible site benefits from exceptional traffic counts, strong surrounding retail, and easy access to Paducah's primary commercial destinations. Ideal for retail, restaurant, medical, or mixed-use development, this property presents a rare opportunity to secure a premier location with flexible development potential.
| MLS # | 26014665 |
|---|---|
| Listing Type | For Lease |
| Style | Retail |
| Status | Active |
| Year | 9999 |
| Days On Site | 69 |
| Listing Provided By | Arnold Realty Group | Dawn Arnold |
| SQ Feet | 15,000 |
|---|---|
| Zoning | Other |
| Acreage | 3.59 |
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42001 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $2 low | high Med: $69,900 sqft: 15,000 low | high Med: 3,200 $ / sqft: $0 low | high Med: $22 On site: 69 low | high Med: 63 | |
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42001 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | Commercial |
| Listing VS Median (in Commercial) | |
Price: $2 low | high Med: $69,900 sqft: 15,000 low | high Med: 3,200 $ / sqft: $0 low | high Med: $22 On site: 69 low | high Med: 63 | |