522 Main St For Sale Or Lease
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30852518 |
| Property Subtypes: |
Medical, Mixed Use, Office Building, General
|
| Building Size (RSF): |
7,846 SF
|
| Sale Price: |
$510,000 |
| Unit Price: |
$65 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/11/2023 |
Overview / Comments
|
SVN | The Martin Group is pleased to present for sale or lease this 3-story mixed use property with 1,700 SF of retail/office on the first floor located along Evansville's historic Main Street. There are two completely renovated apartments on the second and third floor, the third floor unit is currently rented out. This property is nestled in the heart of downtown Evansville and puts you right in the center of the action. Surrounded by the buzz of cafes, restaurants, trendy boutiques, and a thriving arts scene; this location is positioned perfectly to help your business thrive and succeed. Being in Evansville's CBD, you'll be in close proximity to corporate offices, major institutions, and a hub of entrepreneurial activity. This is a rare opportunity to purchase an asset on Main Street.
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$3,531 (Annual) |
| Tax Value Land |
$4,500 |
| Tax Value Improvements |
$156,900 |
| Assessed Value - Total($) |
$161,400 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$4,000 (Annual) |
| Tax Value Land |
$4,500 |
| Tax Value Improvements |
$181,000 |
| Assessed Value - Total($) |
$185,500 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$4,457 (Annual) |
| Tax Value Land |
$29,400 |
| Tax Value Improvements |
$188,100 |
| Assessed Value - Total($) |
$217,500 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$4,881 (Annual) |
| Tax Value Land |
$29,400 |
| Tax Value Improvements |
$150,700 |
| Assessed Value - Total($) |
$180,100 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$4,603 (Annual) |
| Tax Value Land |
$29,400 |
| Tax Value Improvements |
$150,700 |
| Assessed Value - Total($) |
$180,100 (Annual) |
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Vanderburgh |
| Tax ID/APN: |
82-06-30-020-033.012-029 |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
3 |
| Typical SF / Floor: |
1,700 SF |
| Year Built: |
1899 |
| Year Renovated: |
2023 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
EASTERN ENL NE 1/4 LOT 9 BL 31 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
12,208 |
74,708 |
134,549 |
| Median Age: |
37.82 |
36.47 |
37.62 |
| Households: |
4,921 |
31,044 |
57,758 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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