5029 Lincoln Avenue

Office for Sale
Catylist Listing ID: 30750082
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 3,048 SF
Gross Building Area: 4,608 SF
Gross Land Area: 0.42 Acres
Sale Price: $218,000
Unit Price: $71.52 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 9/17/2021

Overview / Comments

Highly visible office fronting Lincoln Avenue located one block east of Green River Road which is a major north & south thoroughfare in Evansville. This property was just rezoned to CO-1 which is a unique situation that allows residential and or commercial under the same roof. It was most recently used as an Ameriprise Financial Services office and is in move in condition. There are 3,048 combined sqft on the main and second level with a 1,560 sqft basement that includes a drive in garage with an abundance of storage.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $3,264 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-25-013-103.007-027
Zoning: CO-1
Property Located Between: Bellemeade & Lincoln Ave
Property Visibility: Excellent
Highway Access: Lloyd Expressway, I-69 & Highway 41.
Airports: Evansville Regional Airport
Site Description: Beautifully landscaped and has large mature trees.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1920
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Paved parking behind building and parking in the basement.
Total Parking Spaces: 5
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System, Window Unit
Internet Access: Satellite
Interior Description: Beautiful woodwork throughout, floors, doors, trim, windows and includes a full size kitchen with appliances.
Zoning Description: CO-1
Lot Frontage: 100
Lot Depth: 183
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: HEBRON HTS L6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,630 70,006 128,384
Median Age: 39.55 38.18 38.36
Households: 4,607 30,884 54,698

Contact

Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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