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9661 State Route 56
Owensboro, KY 42301
Preservation Station Market · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
39,000 SF
Building Class
B
Year Built/Renovated
1949/2014
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.09
Lot Size
10.25 AC
Zoning
B-4
Parking
100 Spaces (2.56 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Restaurant
  • Signage
  • Enclosed Mall
  • Storage Space
  • Air Conditioning

ABOUT 9661 STATE ROUTE 56 , OWENSBORO, KY 42301

Be the owner of Preservation Station Market, Restaurant & Event Center - the #2 TripAdvisor attraction of Things to Do in Owensboro, Kentucky. Rated #1 Antique Store and #1 Locally Owned Store by the local Messenger Inquirer newspaper in 2018, this former re-purposed elementary school situated on 10 acres is located just minutes from downtown and has 60 shops, a 100 seat restaurant, a beauty salon and a community event center. Preservation Station Market, Restaurant and Event Center is known for its “Market Days” (where additional vendors come on site during designated months and there is ample live music) and its restaurant serving Southern favorites. This thriving business is a regular stop for tour busses from all over the country and approximately 4000 people visit the business each month. The business and the building are both up for grabs or can be divided. The business sale would include the company’s website and Facebook page (https://www.facebook.com/preservationstationmarketandeventcenter/) with 36K followers, and the restaurant Facebook page (https://www.facebook.com/preservationstationfamilyrestaurant/) as well. The business operates six days a week Tuesday through Sunday 10am to 5 pm and sales have continued to climb every year, since opening in 2014. With five years of sales data to support it, this is an excellent income producing opportunity. The building is in good condition with numerous recent updates and upgrades completed. The property has 100 parking spaces, a storage building and a concession stand, as well as 10 acres that can be developed. The restaurant has a liquor license and a catering license as well. (Not included in the sale is the current inventory, the supplies of the business, or the restaurant equipment, fixtures, supplies, or food. Items needed to run the business can be negotiated in a separate sale.)Updates: New fire doors New fire alarm system Additional safety and emergency lights installedHandicapped accessibility added to bathrooms Parking lot was repaved and re-striped 5 years ago Additional landscaping, Repairs to HVAC, One new HVAC unit, New flooring, New paint throughout entire building, New hood system, New sinks and plumbing, New porch, Stage added in community event center, New signage, New stage drapes, New monitoring and security system, New energy-efficient lights put in community event center space, Roof updates, Remodeled restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015-00-00-048-00-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$346,700
  • Listing ID: 16051148

  • Date on Market: 5/15/2019

  • Last Updated:

  • Address: 9661 State Route 56, Owensboro, KY 42301

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