Description
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.
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0BEDS
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3.59ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
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Listing provided courtesy of Dawn Arnold of Arnold Realty Group: 270-558-1338 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.