Visiting Nurse Association of Southwestern Indiana, Inc.

610 E Walnut St, Evansville, Indiana 47713

  • Property Subtypes Executive Suites , Office Building , Institutional , Governmental , Mixed Use , Medical , Mixed Use
  • Building Size (RSF) 73,000 SF
  • Gross Building Area 73,000 SF
  • Building Name Visiting Nurses Association
  • Building Status Proposed
  • Sale Price $2,950,000.00 Total
  • Unit Price $40.41 per SF
  • Property Use Type Net Leased (NNN)Vacant/Owner-UserInvestmentBusiness
  • Class of Space Class A
  • Total Land Size 5.48 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Auction Avg Occupancy Rate 85
  • Last Updated 9/16/2020
  • Days on Market 1307 Days
  • Status active

Overview / Comments

This "Class A" Office/Medical facility was custom designed & constructed in 1994 for the current owner and is in excellent condition throughout !!!. The property currently has approximately 53,000 SF of net rentable area. The Charlier Hospice Center was remodeled at a cost of over a million dollars and was functioning as a medical office with seven in-patient rooms, family support areas and a private landscaped patio garden area. There is a partially finished poured concrete wall basement primarily used for storage and mechanicals that could be completely finished for more usable area if necessary. The property is well maintained and very functional for a single or multi-tenant office use. The property is located in a commercial & residential setting which lies east of the central district of Evansville. Just a few blocks west of the property is the $69.5 million, 170,000 SF IU School of Medicine campus. Evansville officials have estimated that the new IU School of Medicine facility could have an annual economic impact of as much as $340 million. Additionally, Deaconess has announced a new 3 story clinic that is scheduled to be completed this year. Also, just blocks from this location is the new land based Tropicana Casino and Hyatt Place Five Star Hotel. ***Please contact listing agent for financial, lease and floor plan information***

Additional Details

  • Tax ID/APN 82-06-29-024-029.001-029
  • Zoning M-1
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 2
  • Year Built 1994
  • Tax Auth Vanderburgh County
  • Land Ownership Fee Simple
  • Legal Description WALNUT ST ADD LOTS 1 THRU 4 & 9 THRU 40 BL 1 LOTS A B C D E BULLEN TRACT & PT VAC OLIVE ST & PT VAC ALLEY GARVIN & BROWERS ADD LOTS 21 THRU 40 BL 3.
  • Zoning Description The property is zoned M-1, light industrial district. This zone allows retail stores, service stores, department stores, schools, supermarket, office buildings, automobile service stations, shopping centers, manufacturing facilities, packaging, finishing, processing and service uses. The subject is in conformance with the zone.

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