514 N 7th St, Paducah, KY 42001

Property Description

Live and work in a funky four square perfectly positioned in Lower Town Arts District. Owned by Terra Cottage Studios since 2008, this two story building has been lovingly used as a working ceramics studio and hub for the successful Empty Bowls Project for decades. This home/business is full of eye popping & sentimental details like original glazed doorframes, four fireplaces (two with Paducah tile), exposed brick, original Mexican tiles, and a maple butcher block counter in the kitchen that came from an 1863 NYC bakery. The current owners researched insurance maps to discover Terra Cottage was originally built in 1888 as a fourplex. Since their purchase, they stabilized the foundation and turned the staircase 180 degrees to allow a commercial front entry and private upstairs dwelling entrance. The first floor is ready for your next commercial business with a waiting area, ADA bathroom, gallery/multi use rooms, and a kitchen with a 3-bay stainless sink. First floor kitchen is plumbed for gas & ice maker with a 220 outlet. The front of the first floor is sprinkled. Towards the rear of the first floor, you can have immediate supplemental income. There is a one-bedroom apartment ready for its next tenant with its own interior and rear entrance. The apartment has a cute kitchen with quirky tile, gas stove & fridge. The original wallpaper samples from the home are lovingly framed there. The apartment also has a large walk-in shower & the stackable washer and dryer is in its own utility closet. It most recently leased for $850/month long term and could bring more. The upstairs residence has a primary en suite with a custom Mexican tile bath surround & shower. There is also an 1883 beautiful marble pedestal sink in the dressing area. The 2 guest bedrooms are large with big closets and exposed brick. The upstairs doors were made in 1820 from French limousine oak & purchased in Saratoga. The upstairs eat-in kitchen has a gas oven, farmhouse sink, and large pantry with stackable washer dryer. Other cool features are the spice rack made from old film reels and custom skylights. Adjacent to the upstairs kitchen, is a large deck for grilling and entertaining. The detached 2 story rear building the owners refer to as "The Shed." It is framed out for a future art studio, airbnb or tiny home and has double pane windows and a garden shed. The backyard has custom tile & concrete raised gardening beds perfect for organizing your herbs and vegetables. Beyond the raised beds, there is room for four cars. The design has already been thought out for a garage off "The Shed" and alley. All of the electrical, plumbing & HVAC are new including commercial 3-phase grade. The interior was re-framed by adding 3.5 inch insulation & 5/8" sheetrock. The balcony tar roof is also new. Windows were all replaced with energy efficient double pane wood casement windows Front porch & balcony have had recent improvements too; vinyl ceilings, custom rail, stained concrete, electricity and fans added. There are two gas furnaces. Clean out for plumbing inside house on first floor.