2524 E. Morgan Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30828579
Property Subtypes: Free-Standing Building, Retail-Pad, Vehicle Related
Building Size (RSF): 2,382 SF
Gross Land Area: 0.32 Acres
Sale Price: $149,000
Unit Price: $62.55 PSF
Ceiling: 8 ft.
Office SF: 616 SF
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Former Time Motors
Sale Terms: Cash to Seller
Last Updated: 1/20/2023

Overview / Comments

This property was formerly a car lot for many years and is currently being utilized as a sales lot/automotive mechanic business. This property offers great visibility on a corner lot with a large pole sign facing Morgan Avenue and is suitable for a hosts of business opportunities.


Finance Data Year 2022
Real Estate Taxes - Annual($) $2,458 (Annual)

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Taxing Authority: Vanderburgh County
Tax ID/APN: 82-06-15-015-066.002-027
Zoning: C-4
Retail Clientele: General, Business
Property Located Between: North St. James Boulevard & North Roosevelt Drive
Property Visibility: Excellent
Largest Nearby Street: Morgan Avenue
Feet of Frontage: 70
Traffic/Vehicle Count: 22,213
Highway Access: Highway 41, Lloyd Expressway, I-69 & I-64.
Airports: Evansville Regional Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,382 SF
Property Condition: Average
Year Built: 1950
Roof Type: Gable
Construction/Siding: Block
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Large gravel parking lot.
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Internet Access: Satellite
Zoning Description: C-4
Lot Frontage: 70
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: SUNRIDGE TERRACE LOT 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,683 90,992 142,347
Median Age: 42.1 37.93 38.44
Households: 3,921 39,134 60,376


Photograph of Listing Agent

Mark Miller

ERA First Advantage Realty, Inc.
ICREX Member
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