5050 Village Square Drive, Paducah, KY 42001 (MLS# W99697)

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.