Evansville, IN Retail Property For Sale

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Retail for Sale

Evansville, IN 47715

This property sits in the middle of the retail, entertainment, commercial, medical and professional of the Evansville, IN MSA. This area draws from over 50 miles out. High traffic location with 35,000 VPD. The property is offered For Sale at $1,400,000 ($140/sf). The lease rate of $9,500/mo. ($11.41/sf/yr).

This property is ideally suited for a restaurant, retail or a medical/professional office application.

Subject property is an active retail business, so the exact name/location must be kept confidential until a Confidentiality Agreement (attached) has been executed.

During pandemic, please contact Randall via mobile #: 812-449-3424 or e-mail, below.

Retail for Sale

Evansville, IN 47725

Located on Hwy 41 approximately 1/2 mile south of I-64.

Neighbors include Indiana State Police Post, Stoll’s Restaurant,

Arby’s, McDonald’s, and Super 8 Motel..

Includes walk-in cooler and freezer.

Chairs and tables still in place.

Stainless steel tables, fryers, ice maker, stainless steel racks, hood, and other restaurant equipment included with property.

Ansul Hood System

Seating for approximately 95 people includes:

18 tables, 4 booths, and bar seating for 6 people.

Retail for Sale

Evansville, IN 47715

Highly visible professional/retail opportunity fronting Morgan Avenue with an ADTC of 18,740. This offering consists of the main building being 4,755 sqft and a smaller detached 200 sqft building that is situated at the rear of the main building. The building until recently was occupied by the owner and one tenant which is on a month to month basis. The tenant is currently the only occupant of the building which presents a nice opportunity if a buyer would require the entire building the current tenant would relocate. Also, if a buyer needs only a portion of the building, the location of the property presents an attractive location for a lessee (or lessees) who desire high visibility. The subject property with improvements was appraised by a Certified Indiana General Real Estate Appraiser for $425,000.00 in 2018.

Retail for Sale

Evansville, IN 47715

Retail for Sale

Evansville, IN 47708

An ideal investment for the new owner to take advantage of the explosive growth taking place in Downtown Evansville. Expand or relocate an existing business, lease out or explore other creative ideas, such as finishing the remaining two floors for use as loft space or offices. This building is a beautiful piece of Evansville's history and will serve the next owner for years to come.

With a population of nearly 121,000 people within the city limits and more than 300,000 people in the metropolitan area, Evansville is the third largest city in Indiana. Evansville benefits from a great location, located within a three-hour drive to St. Louis, Indianapolis, Nashville and Louisville. The City is home to both the University of Southern Indiana and the University of Evansville, which have a combined enrollment of over 14,000 students. Downtown is growing quickly, adding over $380 million in renovations and development in the past five years. Such projects include the DoubleTree Hotel, Indiana University School of Medicine, Tropicana Evansville Casino, Post House Apartments and the recently announced Fifth and Main project, which includes the reconstruction of the 420 Tower, Sycamore Building and a park.

-Stunning historic building located in growing Evansville Central Business District

Downtown area has experienced explosive growth over the past five years

-Approximately 8,854 square feet of renovated space with a prominent main entrance and awning

-Additional 8,360 square feet of unfinished space on upper floors, plus 4,675 square feet basement

-Within walking distance to the Ford Center, IU School of Medicine, the Ohio River, Civic Center and more

-Extensive remodel completed in 2015

-Freight elevator

-Endless possibilities

Retail for Sale

Evansville, IN 47711

Evansville's very own 35 year strong Nick Nackery combined real estate and business for sale. This listing represents the main building and gravel parking lot off the alley, all C4 zoned, real estate ONLY. Over 6517 sq ft of retail space featuring a 3300 sq ft front post framed, metal sheeted warehouse and retail experience with overhead door and commercial heating and air located right off the 0.24 acre parking lot. An additional 11 spaces of retail space and half bath on lower level. Level two features a fully remodeled 2652 sq ft apartment or office space with a full bath and half. Replacement windows, excellent natural light, crown moulding and fresh paint, laminate flooring, large center space with vaulted drop ceiling, and full kitchen complete the space. Additionally, a separate outside entrance staircase leads you to ground level or across to another 1135 sq ft, full bath apartment, all of which is heated and cooled.

Great location, close to Main St revitalization, Convention Center and IU Med center. Zoned C4.

This listing is a component of a larger sale of adjacent/connected properties, which would allow greater enhancement for the Nick Nackery location at 201 E Virginia. See MLS entries: 202049401 for the Nick Nackery business specific sale; 202049222 for the 207 209 E Virginia lot sale; 202049212 for 208 210 E Michigan St. sale. Combined 0.84 acres

Retail for Sale

Evansville, IN 47714

Great opportunity to own a very nice office/retail building in Olde Towne. The main floor was completely remodeled in 2017 and features 2 large open rooms for merchandise or waiting room / reception area, a small kitchenette, and a restroom. The 2nd floor has 3-4 offices, and a restroom. The main floor heating unit was replaced in 2017 and the 2nd floor full HVAC unit was replaced in 2019.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Retail for Sale

Evansville, IN 47714

Nice east side retail/office setting situated 1/2 block west of Green River Road. It currently houses a sewing business with retail sales but could easily be converted back to a strip strip center if desired. The interior is open for a host of opportunities and boasts living quarters as well with a dining room, living room, kitchen, laundry room, bedroom, & bath. The building has three separate entrances and a double overhead door for the 25'x40' garage.

Retail for Sale

Evansville, IN 47710

Mixed use commercial property ideal for many uses and conveniently located along the recently renovated Main St. Redevelopment Area. Current use is for a screen printing shop. Features front reception/waiting room with large picture window, a middle open work space with built-in counters, excellent lighting, and drop ceilings throughout the space. There is a kitchenette, nicely remodeled full bathroom with tiled shower, rear office space, laundry connections, multiple storage rooms, and a cellar. Upgrades include new vinyl siding, gutters, downspouts, water heater, furnace, new electric wiring and panel, and remodeled throughout.

Sale also includes adjacent lot at 7 W Oregon St, which could be used for additional parking.

Retail for Sale

Evansville, IN 47710

Great high traffic North Side location. Great spot for someone who needs high visibility for their business. Lots of updates. New furnace & air one year ago. Electrical & plumbing updated approximately one year old. Roof approximately 8 years old. Ample parking in the front end of the building.

Retail for Sale

Evansville, IN 47715

Real Estate, furnishings, fixtures, all included in sale. The Steak ‘n Shake franchise is available but purchase is not required to operate as Steak ‘n Shake. I-69 and Lloyd Expressway.

Also available for lease. Lease price negotiable.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Retail for Sale

Evansville, IN 47725

This opportunity consists of four single unit apartments with two currently occupied and a 23'x23' block building that was originally a manual car wash. Also included is a minimal billboard lease and 2.94 acres fronting State Road 57 on Evansville's fast growing north side. It can be an income producing property as is and a great investment for future development. The main building is a steel, free span structure that could be gutted and used for a multitude of purposes.

Retail for Sale

Evansville, IN 47711

3400 Square foot building with additional lot.

Retail for Sale

Evansville, IN 47708

An ideal real estate investment for the new owner to take advantage of the explosive growth taking place in the area. Expand or relocate an existing business, lease out for above average returns or explore other creative ideas. This building is an excellent piece of Evansville's history and will serve the next owner well into the future.

With a population of nearly 121,000 people within the city limits and more than 300,000 people in the metropolitan area, Evansville is the third-largest city in Indiana. Evansville benefits from a great location, located within a three-hour drive to St. Louis, Indianapolis, Nashville and Louisville. The City is home to both the University of Southern Indiana and the University of Evansville, which have a combined enrollment of over 14,000 students. Downtown is growing quickly, adding over $380 million in renovations and development in the past five years. Such projects include the DoubleTree Hotel, Indiana University School of Medicine, Tropicana Evansville Casino, Post House Apartments and the recently announced $30 million redevelopment of 420 Main Street, the city's tallest building.

-Beautiful historic building located in growing Evansville Central Business District

-Area has experienced explosive growth over the past five years

-Approximately 6,000 SF on 1st floor with glass and awning storefront

-Additional +/- 6,000 SF available on 2nd floor, completely remodeled with separate entrance

-Exceptionally well-maintained with new roof and HVAC units

-Current occupant to vacate at closing

Retail for Sale

Evansville, IN 47714

This is no ordinary commercial building. Located in the heart of the East side of Evansville, this 8320 square foot building is zoned C-4. It has 6080 square feet of first floor commercial space and has a 2240 square foot, fully remodeled, 2 bedroom, 2 bath, an amazing apartment on the second floor, complete with full stainless appliance kitchen, a full laundry room, an amazing family room with windows on 3 sides, a sun room/study with windows on 3 sides. The light in this apartment is magical. The first floor is currently leased as a day care and has entrances and parking lots on both sides of the building, several sets of restrooms, kitchen area, walk in cooler, new carpet. The building has been meticulously remodeled with a new standing metal roof and updated sprinkler system. Two signs on the property make is easy to have two business on the first floor, if desired. The apartment has a private entrance on the Hebron side of the building. Perfect for an investors of all kinds.

Retail for Sale

Evansville, IN 47710

Centrally located building with redevelopment potential. The building is a former print shop and has an additional entrance and garage space for a second business as well as potential for 2 apartments on the 2nd level. The building needs work but could be a great opportunity. The Seller is working to clear out the equipment and items from the interior and is selling the building as-is.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Retail for Sale

Evansville, IN 47715

Situated on the NEC of Vogel Road and Metro Avenue between Green River Road and Burkhardt Road, this high visibility building with wide-open design lends itself for use as a retail showroom or open-concept office space.

-Excellent visibility and easy access to Green River Road and Burkhardt Road

-Large showroom windows front Vogel Road

-Showroom space (6,000 SF) with 14’ and 16’ ceilings

-Warehouse space (3,240 SF) with 12’ ceilings and a 10’ overhead door, accessible from parking lot

-Monument sign on property (electronic marquee not included in sale)

Retail for Sale

Evansville, IN 47715

? For Sale or Lease

? Prime location at the main entrance into Eastland Mall

? Outlot to Eastland Mall - Traffic counts over 30,000 vehicles per day

? Eastland Mall is the Tri-State areas largest indoor mall (1,000,000+ SF)

? 130+ stores and restaurants anchored by Macy's, Dillard's & JCP

? Retail sales per capita are the highest in the state of Indiana

? Located within the highest density trade area in Evansville, IN MSA

? Location surrounded by national retailers, dining, health & residential

Retail for Sale

Evansville, IN 47708

? Currently occupied by The Gathering Church of Evansville - Includes

Church/School (39,834 SF) and Clergy House (1,218 SF - finished)

? Strategically located on a signalized intersection at the corner of SE 2nd

St/Walnut St

? Well-maintained facility for user or ideal for redevelopment

? Adjacent to $18MM 139-room Hyatt Place Hotel being developed, slated to be

operating in 2020, and a couple of blocks away is the development of

The Mediterranean, a 70-room boutique hotel on the Riverfront

? ± $200MM of recent development in the Evansville downtown area (CBD)

Retail for Sale

Evansville, IN 47711

Income for Beauty Salon $550/Month

Seller willing to divide

Demographics

• Population:

• 1 mile: 6,612 3 miles: 76,788 5 miles: 137,517

• Households:

• 1 mile: 3,014 3 miles: 32,418 5 miles: 58,472

• Median Household Income:

• 1 mile: $46,505 3 miles: $38,303 5 miles: $42,697

• Traffic Count: 25,493 vehicles per day

Retail for Sale

Evansville, IN 47710

Turn Key Business for sale with Real Estate

Fully operational Restaurant/Bar, Catering, 3-way liquor license & gambling permit currently being used

Upstairs available for private events

Hours: Mon - Thurs 2:00pm - 9:00pm / Restaurant

Bar closes at 11:00pm

Fri - Sat 11:00am - 9:00pm / Restaurant

Bar closes at 12:00 midnight

Sun Closed

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Retail for Sale

Evansville, IN 47710

Profitable, successful, and well maintained car washes. Excellent opportunity for passive income. The properties are located a block or less from hard-corner stoplights and some of the busiest Evansville travel corridors, North Green River Rd. & Morgan Ave. with combined traffic counts of 44,000 VPD and North First Ave. at 24,000 VPD. The car washes are located in busy commercial business areas, and close to a large residential community. Owners have continually improved the properties and have updated almost all the equipment since purchase, including new credit card systems on all bays and vacuums, and a new laser automatic wash bay in 2018. Sales at the Morgan Center car wash should be increasing due to a nearby competitor closing. Business could also be increased with consistent marketing. We have a February 2020 Appraisal, available upon receipt of CA.

The car washes can be purchased separately: 753 North Park Dr. @ $895,000 and 4720 Morgan Center Dr. @ $395,000.

The Halo Car Wash in Newburgh, IN is also for sale. Please contact broker for info.

Retail for Sale

Evansville, IN 47712

This ±50,000 SF big box retail facility will be available to occupy in January 2020. With the scarcity of land for development in this area, this property is ideal for a new grocer or retailer. Additionally, this site has an exclusive grocery (among others) use for the entire ±50­ acre development.

Located on Evansville's west side, this property resides within this area's highest density trade area. Large retailers in the area include Lowes, Walmart, Home Depot, Kohl's and Schnuck's. Vehicle traffic counts along W. Lloyd Expressway (SR 62) are ±47,000 ADT. Strategic location benefits from the University of Southern Indiana (USI), the fastest growing university in the state of Indiana with ±11,000 students.

Retail for Sale

Evansville, IN 47711

Hard corner, stop light location, 25,000+ AADT. Meticulously maintained facility. Originally built as new Chevrolet dealership; currently Dream Car Museum. A fabulous collection of inventory is also available, visit dreamcarmuseum.com

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Retail for Sale

Evansville, IN 47715

- Free-Standing, brick retail strip center close to Eastland Mall

- 8,726 SF with 5 tenants

- High demand area with offices, retail, theatre and restaurants

Tenants include:

Pre-School, Church, Hair Salon, Security Business, Massage Salon

Income: $74,100

Expenses: $12,801

Retail for Sale

Evansville, IN 47711

Great location for an office that needs additional space for storage

.2 miles from Diamond Avenue and 1.1 miles to Highway 41

Total building area is 6,000 SF which includes approximately 4,000 SF of finished office space with 2,000 SF of air-conditioned space for storage or tech work area

New LED lighting throughout office being installed

Situated on a .43 acre, C-4 zoned lot with 25 parking spaces

1 overhead door

Landlord / seller will perform asphalt sealing and re-striping

Taxes: $4,953.96 for 2018 pay 2019

Sales Price: $240,000 or $40 / per SF

Lease Rate: $6 / SF modified gross or $ 3,000 / month base rent

Contact Jerry Lamb for a tour of this property

Retail for Sale

Evansville, IN 47712

Situated in the heart of Evansville's west side retail district across from AMC Theaters, this highly visible building will soon be unoccupied and available for continued use as a multi-tenant building or can be easily converted to single-tenant use.

-Rare opportunity for large user or investor to capitalize on growing west side market

- High demand area with frontage along the Lloyd Expressway

- Minutes from USI campus - with over 12,500 students and faculty

- Consumer base extends to Mt. Vernon, IN and into Southern Illinois

- Area retailers include Super Walmart, Lowe's, Home Depot, Schnucks Supermarket, AMC Theaters and a host of other national and local restaurants, businesses and banks.

-Property also listed for lease: $10 SF/yr (NNN)

Retail for Sale

Evansville, IN 47710

Sale Price: $80,000

Size: .14 Acres

Taxes: 2101 - $793.58 / 2103 - $743.08

Parcel ID: 2101 W. Michigan - 82-05-24-030-023.016-029

2103 W. Michigan - 82-05-24-030-023.017-029

Property is ideal for razing to create commercial lot

Great location for additional parking for one of the many business on Franklin St.

Near by tenants include Smitty’s Italian Steakhouse, St. Boniface Catholic School and Church, Franklin St. Pizza Factory, Gerst Bavarian Haus, and Pistons Bar & Grill

Retail for Sale

Evansville, IN 47711

High visibility retail/office building with convenient access located across from Vogel School on Oak Hill Rd., just south of Morgan Ave. (SR 62) in Evansville, IN.

-235’ of frontage on Oak Hill Road with a daily traffic count of 9,605 VPD (2019)

-Corner lot with easy access from Oak Hill Rd. and Tennessee St.

-Drive-thru canopy 30’ x 56’

-Large, open floor plan

-600 SF of basement storage

-Includes 4,800 SF lot for expansion

-Seller is motivated and open to reasonable offers

Retail for Sale

Evansville, IN 47714

Great neighborhood shopping center on Evansville’s southeast side.  The Center is currently comprised of 10 separate Suites with 8 being occupied and 2 available to lease.  Tenants pay gas and electric along with a set charge for water/sewer usage each month.

Many units are small retail units that can accommodate many tenant types.

Financials available upon request.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

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