Retail-Commercial Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 29778790
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 2,440 SF
Gross Building Area: See Agent
Gross Land Area: 1.63 Acres
Sale Price: $225,000
Unit Price: $92.21 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2018

Overview / Comments

This property abuts the I-69 exit ramp on Covert Avenue (State Road 662) and is ideal for a restaurant, strip center or C-Store. The surrounding area consists of residential, commercial, retail and service oriented businesses. The owner will cooperate with rezoning and this property is one of only a few remaining building sites with exposure from I-69 and State Road 662.

Attachments & Media


Finance Data Year 2018
Real Estate Taxes - Annual($) $648.14 (Annual)

Additional Details

Nearest MSA: Evansville
County: Warrick
Taxing Authority: Warrick County
Tax ID/APN: 87-12-32-300-049.000-019
Zoning: R-1A
Market Type: Medium
Retail Clientele: General, Business
Property Located Between: Highway 662 and I-69
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Hwy 662
Feet of Frontage: 88
Traffic/Vehicle Count: 12,880
Highway Access: Hwy 662, I-69 and Lloyd Expressway
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1940
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Currently Residential
Lot Frontage: 88
Lot Depth: Irregular
Land Ownership: Fee Simple
Legal Description: PT NW SW S32 T6 R9 1.633 A

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,903 39,077 98,616
Median Age: 44.13 39.66 38.34
Households: 4,000 17,267 41,401


Photograph of Listing Agent

Mark J. Miller

ERA Commercial
CPIX Member
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