www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
19125031
19125030

3121 Broadway St, Paducah, KY 42001

KG
KY 222131
The Washburn Gillespie Group, eXp Realty LLC
Listed by The Washburn Gillespie Group, eXp Realty LLC
$3,495,000
685 days on market
Updated 30 days ago

The Coke Plant

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 46,000
Net Rentable (SqFt) 43,600
Tenancy Multi
Brand/Tenant Mellow Mushroom, Dry Ground Brewing Company (+8)
Lease Type Gross
Price per SqFt $76
Broker Co-Op Yes
Year Built 1936
Year Renovated 2013
Buildings 1
Stories 2
Acreage 1.270
Zoning B3
Investment Type Stabilized
Tenant Credit Franchisee

Retail | 46,000 SqFt

Marketing description

Incredible investment opportunity in the heart of Paducah's charming Midtown! Built in 1939, this art deco building was originally a bottling facility and a major distribution center for Coca-Cola for nearly 50 years. It later transitioned into their warehouse facility until operations were moved to an industrial park across town. After years of being vacant, with new owners, this iconic building's major rehabilitation and repurposing began early 2013 and the project quickly became both a local and national sensation! The Coke Plant naturally attracted a strong tenant base with 10 tenants and is now a cultural hub consisting of retail, food service, meeting and office spaces. In addition to all the new life within this anchor landmark, it dramatically changed the surrounding neighborhoods, encouraging a more walkable community and putting Paducah's Midtown on the map as a destination. The Coke Plant is on the National Register of Historic Places and won the Ida Lee Willis Memorial Foundation Historic Preservation Award in 2017. Total building is over 46,000 sq ft. There is still opportunity within for further redevelopment and increased income stream for the vacant space upstairs (4964 sq ft).

TENANTS INCLUDE: Mellow Mushroom; Peaberry Coffee; Dry Ground Brewing Company; Sprocket; Black Orchid Salon; Guerrilla Marketing; Forever Sweet Creamery; Distorted Arts and Imagery; KMR Woodworks; Yellow Horse Photography; Future Tenant A (second floor - 4964 sq ft).

Note: Photographs do not include all tenants. No business in the Coke Plant is for sale. The purchase is for real estate only.

Investment highlights

Videos and Articles:

https://www.google.com/search?rlz=1C1GCEA_enUS982US982&tbm=vid&q=coke+plant+paducah&sa=X&ved=2ahUKEwj9yu_m9s_9AhXHkYkEHWkyAL8Q8ccDegQITBAH&biw=1664&bih=922&dpr=1#fpstate=ive&vld=cid:d75d64d6,vid:L7-zTEvQR5o

https://www.google.com/search?rlz=1C1GCEA_enUS982US982&tbm=vid&q=coke+plant+paducah&sa=X&ved=2ahUKEwj9yu_m9s_9AhXHkYkEHWkyAL8Q8ccDegQITBAH&biw=1664&bih=922&dpr=1#fpstate=ive&vld=cid:62ce93e9,vid:aPxtioldaD8

https://www.youtube.com/watch?v=_Fy9aZHligc

https://www.youtube.com/watch?v=apmffIQOhvA

https://www.kfvs12.com/story/35569900/paducah-coca-cola-bottling-plant-receives-statewide-historic-preservation-award/

https://thenews.org/2017/02/21/mellow-mushroom-in-coke-plant-opent-to-pizza-art-lovers/

https://gardenandgun.com/articles/a-creative-turnaround-in-paducah-kentucky/

https://www.travelandleisure.com/paducah-kentucky-unesco-creative-city-quilt-making-7152709


Listing Contacts

KG
KY 222131
The Washburn Gillespie Group, eXp Realty LLC
Listed by The Washburn Gillespie Group, eXp Realty LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591