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    511-513 Frederica St Owensboro, KY 42301

    Under Contract
    For Sale
    $739,000

    Mixed Use, Free-standing - Owensboro, KY

    Type:Mixed Use
    Days on Market:
    31
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 511-513 Frederica St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active Under Contract
    Parking features
    Paved or Surfaced

    Utilities

    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Other, Tile, Wood
    Architectural style
    Other

    THE BLAKE HAYDEN GROUP (270) 240-1501

    Listing agent John Ross Martin (270) 240-1501 License #300719

    Listing date Nov 12, 2025

    MLS# 93239 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Owensboro Mixed-Use Opportunity

    Located in downtown Owensboro, this commercial building at 511-513 Frederica Street offers over 12,000 sq. ft. of space. The property features multiple storefronts on the first floor, with the potential for modern offices or apartments upstairs. The building's location along Frederica Street provides high visibility. Rear parking adds convenience. The property is suitable for retail, dining, or mixed-use development. The property will be sold "As-is". Some images are computer generated to show potential.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.1128668
    Latitude
    37.7711449

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    FAQs

    What type of property is this?
    Mixed-use property - Prime downtown building with retail and residential development potential.
    Where is this mixed-use property located?
    The property is located at 511-513 Frederica St Owensboro, KY.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: - Prime downtown Owensboro location on Frederica Street.; - Over 12,000 sq. ft. of flexible space for multiple storefronts, offices, or apartments.; - Potential for retail, dining, or mixed-use development.
    (270) 240-1501
    Request Owner's contact information
    511-513 Frederica St Owensboro, KY 42301
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    Owensboro, KY 42301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511-513 Frederica St Owensboro, KY 42301
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