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Historic Downtown Commercial Building

121 E 2nd Owensboro, KY 42303

121 E 2nd, Owensboro, KY, 42303
$4,000,000
For Sale
$4,000,000

SINGLE_FAMILY - Owensboro, KY

Days on Market2567

Property Features for 121 E 2nd

General Information

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

Utilities

Heating system
Natural Gas
Cooling system
Central Air, Electric

Building Details

Year built
1911
Building materials
Brick, Frame, Steel Frame
Listing Agency Risner & Associates Realty, Inc.
1010 Frederica Street, OWENSBORO, KY
Listed by Joann Risner · License #27164
Added: Jul 12, 2019 Updated: May 28 at 2:48 pm Checked: Jul 21 at 1:06 am
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.

Located in downtown Owensboro, this historic building dates back to the early 1900s. Formerly the Landmark Department Store "Mcatee Lyddane & Ray," the property has been completely renovated into a four-story commercial building. The building's modern amenities blend with its distinctive architectural style. It currently houses multiple businesses, including retail and specialty services. Each floor features offices with views of the downtown area, customized meeting rooms, employee break rooms, restrooms, and receptionist areas. A full-time maintenance individual is on-site. Updates include a new roof and HVAC systems installed in 2016. The property is connected directly to a parking garage and is adjacent to the Riverpark Center, the Museum, and other downtown businesses. It is within walking distance of restaurants, shopping, Smothers Park, the Riverfront, hotels, and the convention center. The property is currently at 100% capacity, with an opportunity to expand the unfinished basement. The building is intended for commercial use and is an income-generating property.

Key Highlights

  • 100% occupancy with income generation and expansion potential in the unfinished basement.
  • Prime downtown location connected to a parking garage and adjacent to the Riverpark Center and Museum.
  • Walking distance to restaurants, shopping, Smothers Park, the Riverfront, hotels, and the Convention Center.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

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

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

FAQs

What type of property is this?
Office building - Renovated four-story commercial building in downtown Owensboro.
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: 100% occupancy with income generation and expansion potential in the unfinished basement.; Prime downtown location connected to a parking garage and adjacent to the Riverpark Center and Museum.; Walking distance to restaurants, shopping, Smothers Park, the Riverfront, hotels, and the Convention Center.
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