Multi-Tenant Office Building with
For Sale
$549,000
Pending
1700 Frederica Street, Owensboro, KY 42301
COMMERCIAL - Owensboro, KY
Property Size17,564 SF
Lot Size0.52 Acres
Days on Market327
Property Features for 1700 Frederica Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Subdivision
CENTRAL
Standard status
Pending
Lot size
0.52 Acres
Utilities
Heating system
Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1947
Building materials
Brick
Listing Agency:
Risner & Associates Realty, Inc.
(270) 926-1400
Listed By:
Joann Risner · License #27164
(270) 570-3939
Added: Sep 20, 2025
Changed: Aug 4
Last Checked: Aug 12 at 12:06PM
MLS# 93157
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.
1700 Frederica Street, known locally as the Likens Building, is a multi-tenant office complex totaling 17,564 square feet across two levels. More than half of the building is currently available for occupancy. The property has previously been occupied by multiple medical practices, and the existing layout supports a range of professional and healthcare-oriented configurations. With its office and service-oriented floor plan, the building can also fit coworking concepts or be considered for redevelopment depending on an operator’s needs.
The property is located at 1700 Frederica Street in Owensboro, Kentucky, in a central setting that is described as just minutes from downtown and along a heavily used local corridor. The building is zoned P-1. Parking includes approximately 30 spaces on site, along with convenient street parking for clients, employees, and visitors.
For tenants or buyers seeking an established office environment, the combination of a multi-tenant layout, available space, and P-1 zoning can support medical, administrative, and other professional or service-oriented uses. For owners, the current availability creates an immediate path to lease remaining suites to meet future occupancy goals or to convert available space for owner-occupancy, depending on the intended use plan.
The property is located at 1700 Frederica Street in Owensboro, Kentucky, in a central setting that is described as just minutes from downtown and along a heavily used local corridor. The building is zoned P-1. Parking includes approximately 30 spaces on site, along with convenient street parking for clients, employees, and visitors.
For tenants or buyers seeking an established office environment, the combination of a multi-tenant layout, available space, and P-1 zoning can support medical, administrative, and other professional or service-oriented uses. For owners, the current availability creates an immediate path to lease remaining suites to meet future occupancy goals or to convert available space for owner-occupancy, depending on the intended use plan.
Key Highlights
- 17,564 SF multi‑tenant office complex on two levels, with more than half of the space currently available for occupancy
- Brick building built in 1947 with natural gas heating and central air plus electric cooling
- P‑1 zoning offers flexibility for professional, medical, administrative, or service‑oriented uses
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 42301, KY
44,883
Population
19,833
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
259
Density / Sq Mi
$62,010
Median Household Income
$37,305
Median Earnings
$883
Median Rent
$180,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Zoned P-1 and multi-tenant, two-level office building with 30 parking spaces and space available for occupancy.
Where is this office building located?
The property is located at 1700 Frederica Street Owensboro, KY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 17,564 SF multi‑tenant office complex on two levels, with more than half of the space currently available for occupancy; Brick building built in 1947 with natural gas heating and central air plus electric cooling; P‑1 zoning offers flexibility for professional, medical, administrative, or service‑oriented uses
