2150 Irvin Cobb Drive, Paducah, KY 42003 (MLS# 26029797)

2150 Irvin Cobb Drive, Paducah, KY 42003

New Listing
$4,500,000
Property Type: Business Opportunity Square Footage: 20,568 Lot Size (sq. ft.): 199,069 Status: Active
Current Price: $4,500,000 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

Southside Square Apartments | Paducah, Kentucky Exceptional Investment Opportunity in Paducah's Southside! Southside Square Apartments presents an outstanding investment opportunity in Paducah's Southside, offering a completely renovated multifamily property with additional commercial potential. Renovated in 2025, this 38-unit apartment complex features 27 one-bedroom apartments averaging approximately 850 square feet and 11 two-bedroom apartments averaging approximately 1,050 square feet. Each unit is individually metered and showcases granite countertops, stainless steel appliances, and luxury vinyl plank flooring. Situated on 4.6 acres, the property offers room for future expansion and an impressive 276 feet of road frontage, providing excellent visibility, accessibility, and signage opportunities. Located in Paducah's Southside, the property benefits from access to established residential neighborhoods, local businesses, and the amenities and services of the greater Paducah area ...

Listing Details MLS# 26029797

Listing Information

Comp Sale YN
No
Property Sub Type
Business

Status Change Information

Status Change Timestamp
2026-10-28

Address

County
McCracken
Street Number
2150
Street Name
Irvin Cobb
Street Suffix
Drive
State
KY
Zip Code
42003
Zip +4
2120
Inside City Limits YN
Yes
Deed Book
1480
Deed Page
59

Contract

Original List Price
4500000
Start Showing Date
2026-10-28
Listing Contract Date
2026-10-27
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
984682.71

Tax Legal

MLS Area Major
119 - McCracken County

Building

Living Area
20568
Living Area Units
Square Feet
Building Area Total
20568
Building Area Source
Public Records
Building Area Units
Square Feet
Year Built
1970
Leasable Area
20568

More Information

Lot

Lot Size Acres
4.57
Lot Size Square Feet
199069.2

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Southside Square Apartments | Paducah, Kentucky Exceptional Investment Opportunity in Paducah's Southside! Southside Square Apartments presents an outstanding investment opportunity in Paducah's Southside, offering a completely renovated multifamily property with additional commercial potential. Renovated in 2025, this 38-unit apartment complex features 27 one-bedroom apartments averaging approximately 850 square feet and 11 two-bedroom apartments averaging approximately 1,050 square feet. Each unit is individually metered and showcases granite countertops, stainless steel appliances, and luxury vinyl plank flooring. Situated on 4.6 acres, the property offers room for future expansion and an impressive 276 feet of road frontage, providing excellent visibility, accessibility, and signage opportunities. Located in Paducah's Southside, the property benefits from access to established residential neighborhoods, local businesses, and the amenities and services of the greater Paducah area. Adding even more value is a separate commercial building lot measuring just under 6,000 square feet, with utilities available for hookup. This additional opportunity is ideal for a restaurant, coffee shop, or other complementary business, offering the potential to capitalize on passing traffic and serve the surrounding community. Day-to-day operations are supported by an on-site maintenance person who handles repair requests, apartment turns, and unit cleanouts, providing a practical operational advantage for ownership. With 38 renovated apartment units, substantial acreage, excellent road frontage, and additional commercial development potential, Southside Square Apartments offers investors an opportunity to acquire a versatile income-producing property with room to grow in Paducah, Kentucky.

Building and Property Details

Furniture, Fixtures & Equipment YN
No
Building Expansion Potential YN
No
Lot Expansion Potential YN
No
Usable SqFt
20568

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Available; Sewer Available; Water Available; Cable Available; Electricity Connected; Natural Gas Available; Sewer Available; Water Available Business Type: Commercial; Other Cooling: Ductless; Electric; Wall Unit(s) Heating: Ductless; Electric Sale Or Lease Includes: Building(s); Business; Easements; Equipment; Fixtures; Land; Leases; Licenses Showing Requirements: Call Listing Agent; Restricted Hours; Showing Service
Listing Office: LP Real Estate Services LLC
Last Updated: October - 28 - 2026
Information deemed reliable but not guaranteed.

Presets Color

Primary
Secondary