425 Main Street - Evansville, IN

Office for Sale
Catylist Listing ID: 30540602
Property Subtypes: Office Building
Building Size (RSF): 7,050 SF
Gross Building Area: See Agent
Gross Land Area: 3,525 SF
Sale Price: $599,000
Unit Price: $84.96 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Usable Size (USF): 7,050 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/25/2020

Overview / Comments

Nice office space on the first floor and partially on the second floor. The remaining 2nd floor is a blank slate waiting for someone with a creative mind to develop. Basement dry and makes excellent storage or can be developed into finished space.

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Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County/Evansville IN
Tax ID/APN: 82-06-30-020-028.015-029
Zoning: C3
Property Located Between: 4th and 5th Streets on Main.
Property Visibility: Excellent
Airports: Greater Evansville
Site Description: Downtown Main Street location. Conveniently located in the heart of Evansville's exploding downtown redevelopment district. Two blocks from the new Medical School, one block from the Ford Center. Development happening all around this property.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 3,525 SF
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Exposed Brick with stucco front. Matching, $20,000 grant available to return front facade to a more historical look.
Parking Type: Structure, Surface
Parking Description: The attached parking lot next to the West is also available. On-street and parking garage adjacent to the property.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Fiber Optic
Interior Description: 1st floor nicely done with offices, conf. room, etc. Approximatly 1/3 of 2nd floor finished into offices. The other 2/3rd of 2nd floor ready for remodeling. Basement Dry and makes great storage.
Zoning Description: Central Business District. Located in an Opportunity Zone.
Lot Frontage: 25
Lot Depth: 141
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,208 73,193 134,549
Median Age: 37.82 36.53 37.62
Households: 4,921 30,724 57,758
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