Adventureland Golf

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30007850
Property Subtypes: Car Wash, Free-Standing Building, Movie Theatre, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 1,243 SF
Gross Building Area: See Agent
Gross Land Area: 1.55 Acres
Sale Price: $349,900
Unit Price: $281.50 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Adventureland Golf
Sale Terms: Cash to Seller
Average Occupancy Rate: 100
Last Updated: 6/21/2017

Overview / Comments

This offering represents the Adventureland Golf Course located by Showplace Cinema East and abuts the Evansville Teachers Federal Credit Union main office campus. The property could be purchased and utilized as its current use but considering the location and 1.55 acres of ground there are a host of other opportunities. As the photos illustrate the property is in excellent condition and move in ready. Included is a large 54 space paved parking lot that allows an abundance of parking for other business ventures as well. There is also and adjoining property for sale (Icrex Listing ID: 30007811) that was formerly Kart World consisting of 1.66 acres for a total of approximately 3.21 combined acres which definitely allows a tremendous development opportunity.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $9,220 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-14-014-154.002-027
Zoning: C-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Theater Drive & Morgan Avenue
Property Visibility: Excellent
Largest Nearby Street: Morgan Avenue
Feet of Frontage: 253
Traffic/Vehicle Count: 6,372
Highway Access: Interstate 69, Highway 41 & Lloyd Expressway
Airports: Evansville Regional Airport
Site Description: This property is beautifully landscaped and well maintained inside and out.
Area Description: Located two blocks west of Green River Road this property is surrounded by dining, professional offices, retail, family entertainment and more.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,243 SF
Property Condition: Excellent
Year Built: 1990
Roof Type: Hip
Construction/Siding: Wood Frame, Wood Siding
Exterior Description: Like new construction with great curb appeal.
Total Parking Spaces: 54
Parking Ratio: 43.4 (per 1000 SF)
Parking Type: Surface
Parking Description: Very large 54 space paved parking area.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: As the photos show this property is in excellent condition and designed for fun with the entire family in mind.
Zoning Description: Vanderburgh County C-4 commercial.
Lot Frontage: 253
Lot Depth: 331
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: REPLAT L1 MORGAN CENTER SUB SEC B L 1B & MORGAN CENTER SUB SEC B L2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,290 70,166 142,481
Median Age: 43.35 38.07 38.42
Households: 5,180 30,499 59,890

Contact

Photograph of Listing Agent

Mark J. Miller

President, ERA Commercial
ICREX Member

Source

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