Hulman Building

Office for Sale
Catylist Listing ID: 30799989
Property Subtypes: Executive Suites, Mixed Use, Office Building, Other
Building Size (RSF): 68,472 SF
Gross Building Area: 95,332 SF
Gross Land Area: 0.26 Acres
Sale Price: $2,500,000
Unit Price: $36.51 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Hulman Building
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2023

Overview / Comments

This 10 story downtown landmark building is an architectural beauty. Originally built in 1929 for a bank, it was designed by the same architect who built the empire state building. For decades the building served as the headquarters for the local utility company among many other tenants. Located in the heart of downtown, it could be used as office space, or converted to condos, or apartments. At this price, the possibilities are endless.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-30-020-021.012-029
Zoning: C-3
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 10
Year Built: 1929
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Passenger Elevators: 3
Freight Elevators: 1
Sprinklers: None
Heat Type: Hot Water
Heat Source: Other
Air Conditioning: Engineered System, Package Unit, Window Unit, Other
Lot Frontage: 75
Lot Depth: 150
Water Service: Municipal
Sewer Type: Municipal
Legal Description: DONATON ENL LOT 177 & 6 FT EASEMENT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,715 71,415 134,212
Median Age: 39.28 36.48 37.69
Households: 4,054 29,953 57,568
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