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Two-Level Multi-Tenant Office Building
For Sale
$549,000
Pending

1700 Frederica Street, Owensboro, KY 42301

COMMERCIAL SALES, Owensboro, KY

Property Size17,564 SF
Lot Size0.52 Acres
Days on Market344

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 Central Air, Electric
Water source Public

Building Details

Year built 1947
Building materials Brick
Listing Agency: Risner & Associates Realty, Inc.
Listed By: Joann Risner · License #27164
Added: Sep 20, 2025 Changed: Aug 20 Last Checked: Aug 29 at 7:06PM
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.

Located at 1700 Frederica Street in Owensboro, this two-level office building was constructed in 1947 with brick exterior construction. The property has been occupied by multiple medical practices and includes a basement, making it adaptable for professional, medical, administrative, or service-oriented office uses supported by the P-1 zoning designation.

The building provides approximately 30 off-street parking spaces, with street parking also available. Natural gas heating, central air, electric cooling, and public water service are in place. More than half of the building is currently available for occupancy, creating flexibility for leasing, owner occupancy, or a combination of both.

Key Highlights

  • Two‑level office building at 1700 Frederica Street, Owensboro, KY 42301
  • P‑1 zoning supports professional, medical, administrative, and service‑oriented uses
  • Approximately 30 off‑street parking spaces plus street parking

Property Analytics

Current Use

American Red Cross Charitable Organization Owensboro Orthopedic Clinic Physician Knight Linda Employment Agency Asia massage Spa & Massage Center Fierce First Response Training Center

Suggested Use

Top Pick Parking Lot & Garage Dental Office Carpet & Flooring Store Locksmith Cafe & Coffee Shop Catering 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,183
Businesses Nearby

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

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

What type of property is this?
Office building - P-1-zoned office property with medical-office history, off-street parking, and additional occupancy capacity.
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: Two‑level office building at 1700 Frederica Street, Owensboro, KY 42301; P‑1 zoning supports professional, medical, administrative, and service‑oriented uses; Approximately 30 off‑street parking spaces plus street parking
More about this property
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