38 West Florida Street

Retail-Commercial for Sale
Catylist Listing ID: 30799107
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 1,575 SF
Gross Land Area: 0.08 Acres
Sale Price: $119,900
Unit Price: $76.13 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Stockyard Inn
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

This offer consists of two properties on one parcel. The first property is the "Stockyard INN" which has been a neighborhood bar for years and the second property is a four bedroom,1,642 sqft house. What a great investment opportunity as the home is currently rented. The property is being sold without the liquor license but has a tremendous amount of other possibilities as the photos show.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $2,350 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-20-026-068.001-029
Zoning: R-2
Property Located Between: West Florida Street & West Louisiana Street
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 25
Highway Access: Highway 41 & the Lloyd Expressway
Airports: Evansville Regional Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Average
Year Built: 1909
Roof Type: Gable
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: R-2
Lot Frontage: 25
Lot Depth: 145
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: L 1 HOLZGREFE'S SUB BL 1 WOODLAWN ADD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,288 83,493 137,975
Median Age: 37.11 37.39 37.81
Households: 5,472 34,780 59,196

Contact

Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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