Stoplight intersection along Hwy 41

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30833970
Property Subtypes: Convenience Store, Parking Facility, Service Station/Gas Station, Street Retail
Status: Pending
Building Size (RSF): 2,102 SF
Gross Building Area: See Agent
Sale Price: $400,000
Unit Price: $190.29 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

FOR SALE - .78 AC corner lot with 2100 SF building located at the intersection of US-41 and Riverside Dr in Evansville, IN. This location was purpose-built as a gas station in 1970 and is currently home to an auto dealership. This property has a clean environmental report.

The building has 2 drive-in bays with gas heat used for detailing and minor service. The office portion of the building has a reception area, private offices, a kitchenette, and a bathroom.

This property has a well-lit lot with ample parking making it a great location for a c-store or another auto dealer. Located at the SE corner of the first stoplight intersection as you travel northbound on US-41 from Kentucky. 19,590 AADT on US-41 and 9,107 AADT pass by this location daily.

The current occupant has constructed a new location and will be relocating within the next 60 days.

Attachments & Media

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-33-013-001.001-027
Property Visibility: Excellent
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,135 65,458 133,059
Median Age: 34.35 36.05 37.91
Households: 6,508 27,126 57,372


Photograph of Listing Agent

Scott Edmond CCIM

SVN | The Martin Group ICREX Member
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