Evansville, IN Industrial Property For Sale

-Historic Karges Building

-M3 Zoning

-Entire City Block Available

-Estimated Floor Size:

-1st floor is 56,908 sf

-2nd floor is 47,240

-3rd floor is 45,084

-Basement is 23,741 sf

Net Leased, M-2 Zoned Facility For Sale. Currently, the tenant is an Air Quality Control business. In 2019, the building underwent an extensive remake. Included were the mechanics (HVAC Systems, Electric, Plumbing) and additional offices, conference rooms, labs and bathrooms. There are drive-in bays for vehicles, and one dock for offloading larger items.

The facility at 14,000 plus square feet can serve as a manufacturing, fabricating or perfect for research and development.

These uses and many more, if the current tenant were to vacate at the end of its tenancy. Meanwhile enjoy the 7.3% capitalization rate on your investment.

Available for inspections for serious inquirers are the lease and amended lease, and floor plans.

Located on the West side of Evansville near Mead Johnson, Berry Plastics and within 20 minutes to SABIC, Bristol Myers, AstraZeneca & B&W.

September 2021 Renovations:

NEW HVAC system to supply all office, conference and breakroom areas.

NEW Sherwin-Williams carpeting throughout offices.

NEW Sherwin-Williams paint on walls throughout offices and H/C restrooms.

NEW Sherwin-Williams paint on doors and trim throughout offices & restrooms.

NEW Conference room added, with other modifications to floor plan.

TENANT IS A PUBLICLY TRADED COMPANY.

This mixed-use/manufacturing/warehouse building offers +/-9500 SFT. The building has +/-3500 SF of office/storefront space, 3 restrooms, 3-phase electric, loading dock, and three overhead doors. The entire property site is fenced and equipped with a security system. C-4 zoning.

The gated lot address is 310 N. Morton Ave

Previous M & S Fire and Safety Building

819 - 825 E. FRANKLIN

- building consists of 4 spaces, totaling 14,335 SF

- 819-821 / 5610 SF, currently leased 3 yrs

- 823 / 4175 SF, currently vacant

- 825 / 4550 SF and has long term tenant on annual lease

827-909 E. FRANKLIN

- building consists of 5 spaces, totaling 40,720 SF

- 827 / 9400 SF and leased to a national tenant

- 829-831 / 9400 SF each and currently vacant

- 835-909 / 21,920 SF, currently leased

Annual Income - $124,100

Taxes - $11,314

Insurance - $12,600

Utilities & Monitoring - $3,520

* Cross Access Agreement in place

* Contact Listing Agent for Income Information

Prime real estate located next to Interstate 69, HWY 41, close to downtown Evansville, Indiana, and bordering Henderson, Kentucky. Formerly, this building was a K-Mart and is now serving as a light distribution warehouse facility. Other uses could include, but are not limited to storage, grocery, retail, hardware, fitness, recreation, truck stop, or future manufacturing, if rezoned. In summary, the location and flexible use of this real estate has potential for substantial return.

-Sale Price: $120,000

-Parcel ID: 82-06-21-015-034.003-027

-Property located on a side road connecting to

busy US HWY 41

-Several nearby businesses include Schenk

Construction, EBN Industrial Supply, BSS LLC, and

much more

- Parcel ID: 82-06-03-034-415.001-020

- Located 1.3 miles to Highway 41

- Large office space, reception area, restroom, and kitchenette

- Nearby businesses include Canteen Service, Martin Safety, Encom Polymers Inc, Schwan Food, Creative Craftsman, Imperial Fastener & Industrial Supply, and many more

- 920-950 Maxwell Ave for Sale

- Includes 60' x 135' (approx.) building in the back of lot

- Parcel ID: 82-06-17-031-148.004-029; 82-06-17-031-149.001-029

920:

- 5,064 SF

- 3 - 12'x12' overhead doors

- 1 - 12' x 12' sliding door

- Heated and cooled office area with restroom, reception area, and fully equipped kitchenette

- Secured fenced lay yard/lot

- Easy access with ample parking

- AC can be added to warehouse area

950:

-17,192 SF

-Ceiling height: 16’ Warehouse, 10’ Office, 11’ Shop

This building is the home of Davenport & Pickett Body Shop/Automotive Service and is currently occupied and in operation. It is a turn key business or the owner will sell the property without the business if required.

The Martin Team is please to present this almost 12 acre industrial property located in the heart of the Evansville MSA available for SALE or LEASE. The property is formerly a concrete casting manufacturer and consists of 3 buildings together totaling 27,668 SF across 4 different sites. Site 1 consists of 10.32+/- acres and contains the 3 buildings, the manufacturing building was built in 1977 and contains 20,908 SF. The office building was built in 1967 and contains 2,150 SF plus a fully finished basement. The storage building was built in 1970 and expanded in 1980 containing 4,745 SF. Site 2 consists of two parcels totaling 1.58+/- acres of land. Site 3 is 1 parcel totaling .78+/- acres of land. Site 4 is 1 parcel totaling 2.99 acres of land. The manufacturing building has 5 overhead doors with ceiling height of 36' and in the addition, 20' to the eaves. This building also has 2 cranes, 10 & 11 tons. The storage building has 5 overhead doors and a ceiling height of 13'-18'. The property has City water and sewer, electricity, telephone, and natural gas.

The property is located just south of the Evansville Regional Airport adjacent to US Highway 41. Located in the heart of Evansville, the property provides a host 15 minute drive to most of the MSA.

Office building was built in 1967 and contains 2,150 SF plus a fully finished basement.

Manufacturing building was built in 1977 and contains 20,908 SF

Storage building was built in 1970 and expanded in 1980. Together they contain 4,745 SF.

One half of a whole city lot in the heart of downtown Evansville. This lot includes a 10,804 square foot building perfect for multiple businesses or indoor parking. A great investment property ready to be developed.

3.46 AC Industrial property located on the west side of US Hwy 41 north of St George Rd. This property was formerly owner-occupied by a heavy industrial user until the business was sold in late 2022. The site consists of 3 buildings with excess land that is concrete or compacted stone. Most concrete in the complex is 12" thick.

Building 1 - 2400 SF (40'x60') post-frame building with two 14' and one 12' roll-up doors. This building has its own fenced and gated outdoor storage around with shipping containers serving as additional storage. This building, the lot, shipping containers, and a permanently set job site trailer (560 SF that serves as an office) were leased in late 2022 to an HVAC contractor on a 1-year lease with renewal options.

Building 2 - 3200 SF multi-tenant steel building divided up into four 800 SF bays. The owner has begun the process of separating and metering these units for electricity. These spaces could be combined to create 1600 SF, 2400 SF or 3200 SF space. These are currently available for lease.

Building 3 - 4200 SF post frame building by Hobgood. This building has a 22' high ceiling and is clear span and was completed in 2020 and has propane heat. Three 14' overhead doors. 200 AMP service. This building has a 48'x32' barrel canopy connected to the building. There is an 18'x35' steel mezzanine installed in the building. The space is currently available for lease.

Included in the sale is another 12'x60' job site traile

MAJOR PRICE REDUCTION! Evansville Power Equipment is a rare westside Evansville investment opportunity strategically located on the corner of W Franklin St and Wabash Ave. For 33 years, this business has been home to the premier brands in lawn care equipment sales and service (Stihl, Echo, Snapper, Simplicity, Ferris, Walker, Grasshopper, and Honda) with a client database of approx. 100,000 residential, commercial, corporate, and institutional clients serving a Metropolitan population of 360,000. In a high-demand business like this, success is all about LOCATION, which is spot on!

The building has over 10,000 square feet of retail/workshop/office space available. This high visibility location is .2 miles north of the Lloyd Expressway/Highway 62 (approx +/- 55,000 vehicles per day). A mixed-use area of medical and general offices, residential and commercial uses. The area centers around St Joseph Ave and Franklin St intersection with a concentration of restaurants, retail, banks, offices, etc. extending along arterial streets. Franklin St is one of the primary nightlife destinations in Evansville. It is reportedly home to the second largest street fair in the US, the West Side Nut Club's Fall Festival. The Westside Nut club fall festival begins steps away from the entrance of this building. The annual street festival estimates nightly attendance numbers of 100,000-150,000 people, making it the second-largest street festival in the US.

A centrally located +/- 29,000 SF warehouse opportunity for sale. The property is on 1.11 acres and comprises small office space and ample warehouse space with a sprinkler system throughout. The building offers three drive-in doors and 1 dock height loading bay. The building has a well-maintained functional freight elevator to access the second-floor storage area.

-The Martin Team is pleased to present this 17,200 SF office/shop building located at the corner of Park & Fountain Ave. The second story office space totals 5,600 SF and the first floor shop space totals 11,600 SF and has 2 overhead doors. This location is just minutes from Deaconess Hospital Midtown, Berry Plastics, Mead Johnson, and downtown Evansville. The subject is available for sale or lease individually and could be packaged together with the entire city block it sits on.

-Entire Block Package: http://properties.svn.com/KargesPortfolio

-Karges Building Details: http://properties.svn.com/1501MarylandKargesBuilding

-Warehouse Details: http://properties.svn.com/921ParkStWarehouse