311 N Arnold Ave 70,277 SF 100% Leased Office Building Prestonsburg, KY 41653 $7,250,000 ($103.16/SF)

NAI Isaac is pleased to present a 70,277 SF office building for sale in Prestonsburg. 311 N Arnold Avenue presents the opportunity to acquire a stabilized multi-story office building in the commercial center of Prestonsburg, a regional business and government hub serving communities throughout Eastern Kentucky. The property contains approximately 70,277 square feet and offers a combination of established tenancy, flexible occupancy potential, and long-term functionality for investors, owner-users, institutional occupiers, healthcare organizations, educational users, or government agencies.
Positioned within downtown Prestonsburg, the property benefits from proximity to major civic, healthcare, and professional services throughout the region. Big Sandy Regional Medical Center and other healthcare providers are located nearby, while convenient access to US 23 and KY 114 supports connectivity to Pikeville, Paintsville, Martin, Allen, and surrounding counties. This central location enhances accessibility for employees, clients, and regional visitors while supporting the property's role as a significant office asset within the local market.
The building's flexible floor plans accommodate a variety of occupancy strategies, including single-tenant headquarters, multi-tenant office operations, public sector uses, educational functions, and healthcare-related administration. Existing rental history and projected operating performance provide investors with a foundation for ongoing income generation, while the scale and configuration of the asset offer future repositioning and occupancy flexibility. Offered at $7,250,000, the property provides an opportunity to acquire a substantial office building within Eastern Kentucky's established commercial corridor at a price point noted by ownership as below replacement cost.