Multi-Tenant Building / #2331

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30499642
Property Subtypes: Medical, Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 7,759 SF
Gross Building Area: See Agent
Gross Land Area: 0.28 Acres
Sale Price: $299,000
Unit Price: $38.54 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

Originally constructed as a multi-tenant commercial property. Property has 3 units, comprised of office, medical and retail space. One of the current tenants, Valley Surgery Center, is scheduled to move to a newly-built location in September 2019.

Located in the Jacobsville Neighborhood (north-central area of Evansville). This property is strategically located near Deaconess Midtown Hospital, the anchor and largest hospital in the Tri-State area, consisting of 350 beds. Due to its central location, it has convenient access to major highways (Lloyd Expressway/SR 62 & US 41) and road systems in the Evansville area.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $8,013 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-20-025-019.011-029
Zoning: C-4
Property Visibility: Good
Highway Access: Lloyd Expressway (SR 62); US 41
Airports: Evansville Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1974
Roof Type: Gable
Construction/Siding: Brick
Parking Ratio: 3.9 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 30
Lot Frontage: 150
Lot Depth: 81
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,600 84,297 134,323
Median Age: 37.08 37.19 37.87
Households: 4,970 35,172 57,740
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.