Turnkey, income-producing retail investment opportunity in a high-visibility corridor. Located on a prominent corner at W. Parrish Ave. and Bosley Rd., this 3,028 square foot free-standing building offers strong exposure, easy access, and consistent traffic flow in one of Owensboro’s most active commercial areas. The property is occupied by a successful tenant with a lease in place through September 2028, providing immediate and stable cash flow. The tenant has operated at this location since 2023 and maintains a strong payment history. This investment is currently delivering a 7.4% cap rate, with the tenant responsible for all utilities and day-to-day operations, while the landlord covers taxes and insurance. Recent improvements within the past few years include a new roof, updated HVAC systems, and a full exterior and site facelift, enhancing both curb appeal and long-term durability. Positioned approximately 0.7 miles from a new Publix currently under construction, this corridor is experiencing continued growth and increased traffic, further strengthening the long-term outlook for the property. Property highlights: • 3,028 SF free-standing retail building • .273 acre corner lot with excellent frontage and visibility • Zoned B-4 for flexible commercial use • Ample paved on-site parking • Established tenant in place through 2028 • Recent capital improvements completed • Located in a high-growth retail corridor A strong opportunity for investors seeking stable income, visibility, and long-term upside in a proven location.
- Country:
- US
- State:
- KY
- County:
- Daviess
- City:
- Owensboro
- Area:
- Owensboro
- Zipcode:
- 42301
- Street:
- W. Parrish Ave.
- Street Number:
- 2101
- Longitude:
- W88° 51' 52.7''
- Latitude:
- N37° 45' 32.6''
- Area/Subdivision:
- CENTRAL
- HOA Amount:
- $0
Retail
2101 W. Parrish Ave., Owensboro, Kentucky 42301
- Property Type :
- Retail
- Listing ID :
- 94592
- Price :
- $499,900
- Year Built :
- 1997
- Lot Size :
- .273
- Status :
- Active