Professional Office Building
4033 Hwy 54
Owensboro, KY 42303
https://thebrokerlist.com/have/professional-office-building-135845
FOR SALE
Property Type:
Multi Tenant Office
Last Verified:
Mar 17, 2023
Highlights
- Highway 54 Frontage
- 4462 Square Feet + 1,984 sf walk out basement
- Upstairs could be sub-leased
Description
This spacious and versatile property consists 4,462 square feet plus another 1,984 sf of a walk-out basement and currently houses a thriving engineering firm.
The building's brick exterior reflects elegance and sophistication, instantly impressing clients and visitors alike. Large windows flood the interior with natural light, creating a warm and inviting atmosphere that fosters creativity and productivity.
Overall, this office building represents an exceptional opportunity for businesses seeking a prime location and a first-rate workspace.
This property is located on Highway 54 Owensboro with traffic counts of 25,000+ per day. It is situated in the retail hub of Owensboro near restaurants, hotels, shopping, and more. It is located within 5 minutes of Owensboro Medical Health Systems.
Year Built: 1977
Building Size: 4462sq ft
Building Class: A
Lot Size: 0.99 acres
Documents
Challenger Professional Center - Offering Memorandum
Map of 4033 Hwy 54, Owensboro, KY, 42303
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.