425 Main StEvansville, IN 47708

  • Retail space
  • 10,575 SF
For Sale
$1,200,000 View listing

Property Details for 425 Main St

Year built
1919
Construction
WOOD
Lot size
0.21 AC
Property size (Sq ft)
10,575 SF
Property type
Retail space
APN
82-06-30-020-028.015-029
APU
820630020028015029

Description

This exceptional investment opportunity presents a 10,575 square foot storefront located at 425 Main Street in Evansville, Indiana. The property, built in 1919, boasts a two-story structure situated on a 0.21-acre lot (APN: 82-06-30-020-028.015-029). Currently configured as retail space, this versatile property offers significant potential for a variety of uses, including office space or a café. The asking price is $1,200,000, translating to $113.48 per square foot. The building benefits from prime street frontage on Main Street, ensuring high visibility and significant foot traffic. Its location near the intersection of Main and Fifth Streets provides exceptional access and proximity to the new mixed-use development, The Vault, currently under construction. This nearby development will offer additional residential and commercial space, creating a built-in customer base. Convenient garage parking is also readily available nearby. The property has undergone high-quality renovations and currently houses strong, long-term tenants. This presents a unique chance to acquire a well-maintained, high-traffic commercial property in a rapidly developing area of downtown Evansville.

425 Main St, Evansville, Indiana

Location Insight

City
Evansville
County
Vanderburgh
State
Indiana
Latitude
37.9717
Longitude
-87.5701
CBSA code
21780
CBSA name
EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,719
$81,000
$192,800
$273,800
-
$81,000
$192,800
$273,800

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