For Sale
$1,200,000

427 Main StEvansville, IN 47708

Prime Main Street location, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 10,296 square foot mixed-use building at 427 Main Street in Evansville, Indiana. Built in 1884, this two-story property sits on a 0.21-acre lot (APN: 82-06-30-020-028.016-029) and boasts prime street frontage, ensuring high visibility and foot traffic. The asking price is $1,200,000, translating to $116.55 per square foot. The property has undergone high-quality renovations and currently houses strong, long-term tenants in a variety of niche businesses. Its location is ideal, near the intersection of Main and Fifth Streets, directly across from the new mixed-use development, "The Vault," which includes rental apartments and commercial space. This proximity to new development provides a built-in customer base. Convenient garage parking is also nearby. This versatile property is suitable for a range of uses, including retail, office space, or even a café, offering significant potential for growth and return on investment. The property's strong tenant base and prime location make it an attractive opportunity for discerning investors seeking a stable and profitable venture in a thriving downtown area.

Highlights

  • 10,296 SF mixed-use building on a 0.21-acre lot in Evansville, IN.
  • Prime Main Street frontage with high visibility and foot traffic.
  • Asking price: $1,200,000 ($116.55/SF).
  • High-quality renovations and strong, long-term tenants.
  • Located near the intersection of Main and Fifth Streets, across from a new mixed-use development.
  • Offers convenient nearby garage parking.

Property Details for 427 Main St

Property type
Mixed-use properties
Square Feet
10,296 SF
Year Built
1884
Stories
2
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9718064
Longitude
-87.5699845
427 Main St, Evansville, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
427 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message