High Visibility Eastside Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30829288
Property Subtypes: Restaurant, Other
Building Size (RSF): 1,791 SF
Gross Land Area: 0.25 Acres
Sale Price: $214,900
Unit Price: $119.99 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Usable Size (USF): 1,791 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2023

Overview / Comments

The More With Miller Team is proud to present this restaurant building located on Weinbach Ave. on Evansville's east side (+/- 7,000 vehicles per day). The property offers +/- 1790 SF and a paved parking surface in addition to its great visibility.

Building sale only.

Attachments & Media

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $2,092 (Annual)
Tax Value Land $23,300
Tax Value Improvements $44,900
Assessed Value - Total($) $68,200 (Annual)
Potential Rental Income $15,000 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-33-017-075.010-027
Zoning: C-1 NEIGHBORHOOD COMMERCIAL
Retail Clientele: General
Property Located Between: Weinbach Ave & Washington Ave
Property Visibility: Good
Largest Nearby Street: Washington Ave
Feet of Frontage: 110
Highway Access: US 41 to the west. Lloyd Expressway (IN 66) to the north. I-69 to the south.
Airports: Evansville Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,791 SF
Property Condition: Average
Year Built: 1960
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Fiber Optic
Zoning Description: C-1 Neighborhood Commercial.
Lot Frontage: 110
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT NE NE 33-6-10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,548 82,158 130,524
Median Age: 34.33 36.38 37.92
Households: 8,127 35,282 56,086
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