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Renovated Four-Floor Mixed-Use Building
For Sale
$4,000,000

121 E 2nd, Owensboro, KY 42303

COMMERCIAL SALES, Owensboro, KY

Property SizeContact for details
Days on Market2612

Property Features for 121 E 2nd

General Information

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

Utilities

Heating system Natural Gas
Cooling system Electric, Central Air

Amenities

customized meeting rooms
employee break rooms
receptionist areas
onsite 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: Sep 3 Last Checked: Sep 4 at 11:06AM
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.

This four-floor mixed-use commercial building, constructed in 1911, combines renovated interior space with brick, frame, and steel-frame construction. The property accommodates multiple businesses, including retail and specialty services. Each level includes office areas, meeting rooms, employee break rooms, restrooms, and reception spaces. A full-time maintenance employee is on site, and the building received a new roof and HVAC systems in 2016. An unfinished basement provides additional area within the existing structure.

The property is located at the downtown block of 2nd and Daviess Street in Owensboro and connects directly to a parking garage. It is adjacent to the Riverpark Center and the Museum, with restaurants, shopping, Smothers Park, the Riverfront, hotels, and the Convention Center within walking distance. The building is currently at 100% capacity and includes off-street and garage parking.

Key Highlights

  • Four‑floor mixed‑use commercial building constructed in 1911 and completely renovated
  • Multiple businesses occupy the property, including retail and specialty services
  • New roof and HVAC systems completed 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?
Mixed-use property - Historic downtown property accommodates multiple businesses with offices, meeting rooms, break rooms, restrooms, and reception areas.
Where is this mixed-use property 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: Four‑floor mixed‑use commercial building constructed in 1911 and completely renovated; Multiple businesses occupy the property, including retail and specialty services; New roof and HVAC systems completed in 2016
More about this property
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