517 - 521 E Virginia Street

517 E Virginia Street, Evansville, Indiana 47714

  • Property Subtypes Retail-Pad , Free-Standing Building , Mixed Use
  • Building Size (RSF) 5,300 SF
  • Gross Building Area 5,300 SF
  • Building Status Existing
  • Sale Price $29,900.00 Total
  • Unit Price $5.64 per SF
  • Property Use Type Vacant/Owner-UserBusinessNet Leased (NNN)Investment
  • Class of Space N/A
  • Total Land Size 0.19 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 9/16/2020
  • Days on Market 188 Days
  • Status active

Overview / Comments

This property was formerly Cecils Bar & Grill and previously had an upstairs apartment. It has an entire new TPO roofing system (2019) and new electric panel. There are multiple gas/electric meters for more than one tenant if desired. The interior has been partially demoed and the seller is including recently purchased building materials with the sale. A nice fixer upper with some of the work already completed.

Financials

  • Finance Data Year 2020
  • Real Estate Taxes - Annual($) 2,472.3

Additional Details

  • Tax ID/APN 82-06-20-025-032.008-029
  • Zoning C-1
  • Property Visibility Good
  • Total Number of Buildings 1
  • Number of Stories 2
  • Year Built 1929
  • Tax Auth Vanderburgh County
  • Land Ownership Fee Simple
  • Legal Description HEIDELBACH & ELSAS ENL L 9 & L 10 BL 28