4800 University Dr.

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30754499
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,480 SF
Gross Land Area: 0.41 Acres
Sale Price: $241,900
Unit Price: $97.54 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

Retail/Office building located on University Drive and Lloyd Expressway on Evansville’s desirable west side. This two-story building is well suited for retail use on the first floor and office space on the second floor, and could be used as a multi-tenant property with private entrances to each floor or as a single-tenant building.

-Situated in the heart of Evansville’s west side retail district with direct exposure to the Lloyd Expressway
-Consumer base extends to Mt. Vernon, IN and into Southern Illinois
-Drive-up window
-Private entrance to 2nd floor

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-05-27-019-019.044-025
Zoning: C-4
Property Visibility: Good
Largest Nearby Street: Lloyd Expressway
Traffic/Vehicle Count: 28,509
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,240 SF
Property Condition: Average
Year Built: 1985
Roof Type: Mansard
Construction/Siding: Wood Frame, Wood Siding
Parking Type: Surface
Parking Description: Concrete

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,788 36,217 80,079
Median Age: 34.05 37 37.64
Households: 2,654 14,807 32,554
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