State Rd. 261, 4466 / #2328

Office for Sale
Catylist Listing ID: 30478412
Property Subtypes: Medical, Office Building
Building Size (RSF): 3,120 SF
Gross Building Area: See Agent
Gross Land Area: 0.39 - 0.41 Acres
Sale Price: $279,000
Unit Price: $89.42 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2020

Overview / Comments

Great opportunity to own this office building in high traffic area. Would be perfect for Professional or Church Offices.

-1100 SF of premises has existing lease with 3 year term of $1100 per month gross lease that may be terminated by buyer in February 2021

* Deed Restriction for Chiropractic Practice for 10 years

Additional Details

Nearest MSA: Evansville
County: Warrick
Tax ID/APN: 87-12-26-108-002.000-019; 87-12-26-108-001.000-019; 87-12-27-200-149.000-019
Zoning: R-0
Property Located Between: Corner of SR 261 and Outer Lincoln
Property Visibility: Excellent
Highway Access: SR 66
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1984
Construction/Siding: Brick/Aluminum Siding
Lot Frontage: 77
Lot Depth: 100

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,663 30,567 56,749
Median Age: 37.06 38.82 39.64
Households: 2,867 11,345 23,094
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