Mixed-Use Office and
New
For Sale
$399,900
814 E 4th Street, Owensboro, KY 42303
Commercial Sale, Owensboro, KY
Property Size3,500 SF
Lot Size0.51 Acres
Price / SF$114.26
Days on Market2
Property Features for 814 E 4th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
View
City
Directions
From Frederica Street in Downtown Owensboro turn east onto W 4th Street. Property will be on the right before Center Street.
Standard status
Active
APN
001-06-13-029-00-000
Size
3,500 SF
Lot size
0.51 Acres
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
showroom
reception area
private offices
bathrooms
kitchen
heated and cooled warehouse
overhead door
fenced storage
Building Details
Year built
1975
Floors in Building
1
Building materials
Brick, Aluminum
Roof type
Metal, Flat
Listing Agency:
RE/MAX Preferred & Auction
(270) 757-8436
Listed By:
Michael Miller
Added: Oct 22
Last Checked: Oct 23 at 7:06PM
MLS# 12036519
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 814 E 4th Street in Owensboro, this brick office and warehouse property contains 3,500 square feet on approximately 0.51 acres. The office includes a showroom and reception area, two private offices, two bathrooms, and a full kitchen. Built in 1975, the building is served by forced-air, natural gas heating. The 60' x 35' warehouse has heating and cooling, plus an overhead door; fenced storage is located behind the building.
The property has approximately 12 parking spaces, with additional parking on the grass. Public water serves the site.
The property has approximately 12 parking spaces, with additional parking on the grass. Public water serves the site.
Key Highlights
- 3,500‑square‑foot mixed‑use office and warehouse property on approximately 0.51 acres
- 60' x 35' warehouse with heating, cooling, and an overhead door
- Office layout includes a showroom, reception area, 2 private offices, 2 bathrooms, and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,132
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,640
$522.6K
Cap Rate 7%
$373,314
$373.3K
Cap Rate 9%
$290,356
$290.4K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$46.2K $13.20/SF
− Vacancy
−$4.4K −$1.25/SF
EGI
$41.8K $11.95/SF
− OpEx
−$15.7K −$4.48/SF
NOI
$26.1K $7.47/SF
Area
Daviess County, KY
Vacancy
9.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,640
Cap Rate 7%
$373,314
Cap Rate 9%
$290,356
Alternative Uses
Best Use
Mixed Use
$373.3K
$326.7K – $435.5K
NOI $26,132 @ 7.0% cap · market cap 6.53%
Second Best
Warehouse
$281.6K
$246.4K – $328.5K
NOI $19,712 @ 7.0% cap · market cap 4.93%
Theoretical Best
Specialty Retail
$626.8K
$548.4K – $731.2K
NOI $43,874 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A climate-controlled warehouse, fenced storage, and multiple on-site parking areas support the office space.
Where is this mixed-use property located?
The property is located at 814 E 4th Street Owensboro, KY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 3,500‑square‑foot mixed‑use office and warehouse property on approximately 0.51 acres; 60' x 35' warehouse with heating, cooling, and an overhead door; Office layout includes a showroom, reception area, 2 private offices, 2 bathrooms, and a full kitchen
