Catylist ID:
#30841064
2009, 2013 & 2017 Pollack Ave.
Retail-Commercial
for Sale
Also listed as Multi-Family
| Catylist Listing ID: | 30841064 |
| Property Subtypes: | Mixed Use, Other |
| Building Size (RSF): | 5,097 SF |
| Gross Land Area: | 20,700 SF |
| Sale Price: | $249,000 |
| Unit Price: | $48.85 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/16/2023 |
Overview / Comments
|
EXCELLENT RENTAL INCOME PROPERTY – Three (3) residential units and one (1) commercial/retail space. Great opportunity to break into the rental market with built-in residential/commercial diversification. -Good location on Pollack Avenue with convenient access from Weinbach Avenue, Lloyd Expressway and Highway 41 -Income producing property with upside potential -Commercial/Retail building includes 19’ x 40’ attached garage with overhead door -Property to be sold as a whole – Owner will not sell individual parcels or buildings -Area retailers include: Dollar General, Oak Street Health Clinic, Rent-A-Center, Citi Trends, Dollar Tree, Domino’s Pizza, Mr. Liquor, Happy Garden and JJ’s Food Mart Three (3) parcels with four (4) buildings on .48 AC: PARCEL 1 – 2009 Pollack Avenue -Parcel #: 82-09-03-012-019.018-027 -Three (3) buildings on .24 AC: -Building 1: 2,000 SF Commercial/Retail building offered at $700/mo. lease rate. Includes: One (1)restroom, central HVAC, and 19’ x 40’ garage space -Building 2: (attached to Building 1) 882 SF (2 bed, 1 bath) with 882 SF basement with washer & dryer. Currently leased for $650/mo. -Building 3: 1,240 SF apartment, currently leased for $650/mo. PARCEL 2 – 2013 Pollack Avenue -Parcel #: 82-09-03-012-019.003-027 -Raw land, .08 AC -Partially paved and used for parking PARCEL 3 – 2017 Pollack Avenue -Parcel #: 82-09-03-012-019.004-027 -One (1) building on .16 AC -Building 4: 975 SF finished first floor (3 bed, 1 bath) with 875 SF basement with washer & dryer and 20’ x 20’ detached garage. Currently leased for $750/mo. |
Attachments & Media
Additional Details
| Nearest MSA: | Evansville |
| County: | Vanderburgh |
| Taxing Authority: | Vanderburgh County |
| Tax ID/APN: | 82-09-03-012-019.018-027; 82-09-03-012-019.003-027; 82-09-03-012-019.004-027 |
| Zoning: | C-1 |
| Property Located Between: | Weinbach Ave and Spring St |
| Property Visibility: | Good |
| Largest Nearby Street: | Pollack Ave |
| Feet of Frontage: | 150 |
| Traffic/Vehicle Count: | 4,747 |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 4 |
| Property Condition: | Average |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,808 | 72,647 | 126,919 |
| Median Age: | 35.37 | 36.09 | 37.97 |
| Households: | 6,577 | 30,642 | 54,584 |
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