For Sale
$439,000

2029 Washington AveEvansville, IN 47714

11,170 SF Mixed-Use Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use property, located at 2029 Washington Ave in Evansville, Indiana, presents a compelling investment opportunity. The 11,170 square foot building, constructed in 1956, features two stories and is classified as a Class B property. Currently zoned C-1, it offers significant flexibility for various uses. The building's previous configuration was entirely office space, but its layout lends itself to conversion into a mixed-use development, potentially incorporating residential apartments on the upper floor and commercial space on the ground level. Recent improvements include a new roof, updated electrical systems, and upgraded plumbing. Ample parking is available, with a dedicated lot to the east and additional spaces behind the building. The property's strategic location on Washington Avenue, near Weinbach Avenue, provides excellent visibility and accessibility. The asking price is $439,000, translating to $39.30 per square foot. The property's APN is 82-06-34-017-076.016-027. This is a rare chance to acquire a well-maintained, adaptable property in a desirable Evansville location. The two-building complex offers a unique blend of functionality and potential, making it an ideal investment for both seasoned and emerging developers.

Highlights

  • $439,000 asking price for this mixed-use, Class B office property.
  • 11,170 square feet with a price per square foot of $39.30.
  • Two-story building, constructed in 1956, featuring two buildings on a 0.6-acre lot.
  • Located at 2029 Washington Ave, Evansville, IN 47714, with C-1 zoning.
  • Recent updates include a new roof, electrical, and plumbing upgrades.
  • Ample parking available on-site.

Property Details for 2029 Washington Ave

Property type
Office properties, Mixed-use properties
Square Feet
11,170 SF
Class
B
Year Built
1956
Buildings
2
Stories
2

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.96274686788
Longitude
-87.528815948244
2029 Washington Ave, Evansville, Indiana

FAQs

What type of property is this?
Office property - 11,170 SF Mixed-Use Opportunity
Where is the office property located?
The property is located at 2029 Washington Ave Evansville, IN.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: $439,000 asking price for this mixed-use, Class B office property.; 11,170 square feet with a price per square foot of $39.30.; Two-story building, constructed in 1956, featuring two buildings on a 0.6-acre lot.
How can I contact the broker?
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2029 Washington Ave
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