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Four-Story Office Building
For Sale
$4,000,000

121 E 2nd, Owensboro, KY 42303

SINGLE_FAMILY - Owensboro, KY

Property SizeContact for details
Days on Market2589

Property Features for 121 E 2nd

General Information

Property type Residential
Property subtype Office
Parking features Off Street, Garage
Subdivision DOWNTOWN
Standard status Active

Utilities

Heating system Natural Gas
Cooling system Central Air, Electric

Amenities

meeting rooms
employee break rooms
on-site maintenance

Building Details

Year built 1911
Building materials Brick, Frame, Steel Frame
Listing Agency: Risner & Associates Realty, Inc.
Listed By: Joann Risner · License #27164
Added: Jul 12, 2019 Changed: Aug 1 Last Checked: Aug 12 at 2:06PM
MLS# 76897

Copyright © 2026 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated landmark department store building transformed into a four-story commercial office property. Interiors include offices on each floor, customized meeting rooms, employee break rooms, restrooms, and receptionist areas. The building is supported by a full-time maintenance individual on site. Updates include a new roof and HVAC systems in 2016. The property also offers an unfinished basement with opportunity to expand.

The building sits on the Downtown block of 2nd and Daviess Street and is connected directly to a parking garage with ample parking. It is adjacent to the Riverpark Center and the Museum, with walking access to restaurants, shopping, Smothers Park, the riverfront, hotels, and the convention center.

The building is currently operating at 100% occupancy and is described as income-generating, with multiple businesses across retail and specialty services currently occupying the space.

Key Highlights

  • Renovated landmark department store building with offices, meeting rooms, break rooms, restrooms, and receptionist areas
  • Four‑story commercial office property with opportunity to expand an unfinished basement
  • New roof and HVAC systems installed in 2016

Property Analytics

Current Use

55 Gallon Drums ... Big Box & Wholesale Store Nick Goetz: Gordon ... Law Firm Bryce L. Caldwell, ... Law Firm Daviess County Probation ... Probation Office Johnson J Andrew Law Firm

Suggested Use

Top Pick Kitchen & Bath Showroom Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 42303, KY

41,877
Population
18,055
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
48.8 sq mi
ZIP Area
858
Density / Sq Mi
$63,010
Median Household Income
$41,272
Median Earnings
$941
Median Rent
$183,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated four-story downtown office building with off-street parking and direct connection to a parking garage.
Where is this office building located?
The property is located at 121 E 2nd Owensboro, KY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Renovated landmark department store building with offices, meeting rooms, break rooms, restrooms, and receptionist areas; Four‑story commercial office property with opportunity to expand an unfinished basement; New roof and HVAC systems installed in 2016
More about this property
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