Property Description

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.

Address Map
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''
Additional Information
Area/Subdivision:
CENTRAL
HOA Amount:
$0

Retail

2101 W. Parrish Ave., Owensboro, Kentucky 42301

Visits : 7 in 4 days
$499,900
Listing ID #94592
Basic Details
Property Type :
Retail
Listing ID :
94592
Price :
$499,900
Year Built :
1997
Lot Size :
.273
Status :
Active
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