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: |
$62.55 PSF |
| Ceiling: |
8 ft. |
| Office SF: |
616 SF |
| Drive In Bays: |
3 Bays |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Building Name: |
Former Time Motors |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
1/20/2023 |
Overview / Comments
|
This property was formerly a car lot for many years and is currently being utilized as a sales lot/automotive mechanic business. This property offers great visibility on a corner lot with a large pole sign facing Morgan Avenue and is suitable for a hosts of business opportunities.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$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 |
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 |
|
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