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Investment Highlights

  • Multi-tenant office building with existing income-generating tenants.
  • Parking lot with 30 spaces plus convenient street parking for overflow.
  • Central location with excellent visibility and accessibility near downtown Owensboro.

Executive Summary

Located along one of Owensboro’s most traversed corridors, 1700 Frederica Street offers a unique investment opportunity in a well-established area. Known locally as the Likens Building, this 17,564-square-foot, two-level brick structure is positioned on 0.52 acres, with zoning designated as P-1, allowing flexibility for professional, medical, or administrative uses.
The central location provides strong visibility and quick access to Owensboro’s downtown district, major thoroughfares, and surrounding residential and commercial hubs. Whether maintained as a stabilized asset or repositioned for expanded use, this property represents a valuable chance to acquire a local landmark poised for its next chapter.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
17,564 SF
Building Class
C
Year Built
1947
Price
$777,236 CAD
Price Per SF
$44.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,782 SF
Building FAR
0.78
Lot Size
0.52 AC
Zoning
P1 - Commercial Office Building. P-1 Professional Use.
Parking
20 Spaces (1.14 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
004-02-04-005-00-000
Land Assessment
$369,506 CAD
Improvements Assessment
$870,249 CAD
Total Assessment
$1,239,755 CAD
  • Listing ID: 41029829

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 1700 Frederica St, Owensboro, KY 42301

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