1033 Franklin StEvansville, IN 47710

Property Details for 1033 Franklin St

Year built

1909

Lot size

0.11 AC

Property size (Sq ft)

7,978 SF

Property type

Retail properties

Property subtype

Office properties

Description

This Evansville, Indiana commercial property, located at 1033 W Franklin St, 47710, presents a compelling investment opportunity. The 7,978 square foot building, constructed in 1909, sits on a 0.11-acre lot and is zoned C-4. The property features a single, one-story building currently housing two tenants: a photography studio and a tattoo studio. Recent renovations include a new roof (2013), complete renovations of Suite 101 (2019) and Suite 102 (2021), and a 2022 HVAC replacement in Suite 201. An adjacent 0.10-acre lot is included in the sale, offering potential for approximately 10 parking spaces. The asking price is $425,000, translating to $53.27 per square foot. This multi-family property offers a blend of office and retail space, making it ideal for an owner-occupant seeking additional rental income streams. The property's location in Evansville, Vanderburgh County, provides excellent access to local amenities and transportation networks. The property's APN is 82-06-19-029-072.017-029. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential.

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9804

Longitude

-87.5795

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