Evansville, IN Commercial Real Estate for Sale

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Historic Boutique Hotel with 16 Rooms
Updated: Jul 15
Historic Boutique Hotel with 16 Rooms

1119 Lincoln Avenue, Evansville, IN 47714

$849,000
2.04 AC lot
Historic Boehne House built in 1912, listed on the National Register of Historic Places (1983).
9,257 sq ft property on a 2.04‑acre site (two parcels) with a dedicated 21‑space parking lot and room for expansion.
Interior includes 16 rooms with 6 suites, including a fully independent 3rd story unit with the square footage of an independent home.
Modern systems: 3 independent HVAC systems, updated plumbing and electrical, and a tankless water heater.
Roof replaced in 2021; structural support systems installed in 2023 for limestone building stability.
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Restored Bar and Restaurant Building
Updated: Jun 22
Restored Bar and Restaurant Building

22 NW Sixth Street, Evansville, IN 47708

$950,000
0.07 AC lot
2017 complete structural & MEP upgrades include 3‑phase electric
Full code kitchen with grease trap and 11' hood
Second‑floor bar and cocktail lounge with separate street‑front entrance and egress
Rooftop deck with sunset views
Year built 1905; rubber roof, concrete and vinyl flooring, and central air
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Office Building with Detached Garage
Office Building with Detached Garage

621 W Mill Road, Evansville, IN 47710

$199,888
0.21 AC lot

Office layout with front office, reception, kitchenette, and detached 2.5-car garage, with multiple parking spaces.

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Mixed-Use Retail Office Building
Mixed-Use Retail Office Building

2810 Covert Avenue, Evansville, IN 47714

$875,000
9,200 sqft

2019-built mixed-use building with storefront windows, multiple entrances, central heat and air, and an included adjacent lot.

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Professional Office Space with Private Entrance
Professional Office Space with Private Entrance

2610 S Green River Road, Evansville, IN 47715

$699,900
0.50 AC lot

Office space with multiple furnished offices, conference rooms, reception area, kitchen, and paved parking with ADA-compliant spaces.

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Flex Shop Building with Offices
Flex Shop Building with Offices

15 E Riverside Drive, Evansville, IN 47713

$225,000
0.23 AC lot

Commercial flex building features a side-load 35-by-47 shop with two 10-foot garage bays and office-style showroom space.

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Multi-Tenant Retail Building
Multi-Tenant Retail Building

4115 E Morgan Avenue, Evansville, IN 47715

$380,000
0.50 AC lot

Retail building offers a blank-slate layout with an additional outbuilding near major road access.

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Bank-Former Drive-Through Restaurant Building
Bank-Former Drive-Through Restaurant Building

2521 Washington Avenue, Evansville, IN 47714

$500,000
3,356 sqft

Former bank branch with secure vault, multiple offices, and drive-through service lanes plus 31 paved parking spaces.

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As-Is 2-Bedroom Residential Fixer
As-Is 2-Bedroom Residential Fixer

313 Cass Avenue, Evansville, IN 47713

$37,000
552 sqft 0.08 AC lot

2-bedroom home offered as-is with extensive repairs needed and a flexible layout awaiting renovation.

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Office and Meeting Facility
Office and Meeting Facility

1043 N Fulton Avenue, Evansville, IN 47710

$30,000
0.17 AC lot

Property includes two meeting areas, three half baths, and storage, and needs repairs and updates.

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Freestanding QSR Drive-Thru
Freestanding QSR Drive-Thru

4650 University Dr, Evansville, IN 47712

$2,171,232
3,263 sqft

Freestanding QSR with a drive-thru and a corporately guaranteed absolute NNN lease featuring renewal options.

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Updated Office Building
Updated Office Building

1010 S Weinbach Avenue, Evansville, IN 47714

$375,000
0.19 AC lot

Office building with 13-space parking, updated offices, kitchen areas, and conference rooms, plus multiple bathrooms.

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C-4 Specialty Property with Garage Parking
C-4 Specialty Property with Garage Parking

1417 N Elliott Street, Evansville, IN 47711

Contact for pricing
0.12 AC lot

C-4 specialty property with off-street parking and a garage built in 1919.

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Restaurant-Ready Retail or Office
Restaurant-Ready Retail or Office

4321 N Hwy 41, Evansville, IN 47711

$350,000
3,638 sqft

Restaurant facility on a major highway corridor with M-2 zoning and approximately 33,000 vehicles per day.

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66 Acres Prime Evansville Land
66 Acres Prime Evansville Land

3100 N Burkhardt Road, Evansville, IN 47715

$2,900,000
66.00 AC lot

66 acres of land on Evansville's desirable eastside.

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Corner Commercial Development Land
Corner Commercial Development Land

318 320 322 E Cherry Street, Evansville, IN 47713

$59,900
0.33 AC lot

Three adjoining lots offer corner exposure with mixed zoning across commercial and residential designations.

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Flex Space with Multi-Use Potential
Flex Space with Multi-Use Potential

12351 N Green River Rd, Evansville, IN 47725

$225,000
4,158 sqft

Flex space offered for sale near I-69 and SR 57, suitable for office, retail, or storage uses.

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Land with Shared Pond Access
Land with Shared Pond Access

4904 Middle Mount Vernon Road, Evansville, IN 47712

$255,000
17.00 AC lot

17 acres zoned R-3 with shared pond access, offering flexibility for residential and agricultural or recreational uses.

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Reimagined Industrial Flex Building
Reimagined Industrial Flex Building

2626 Kotter Avenue, Evansville, IN 47715

$1,700,000
20,700 sqft 1.00 AC lot

Modern flex building blending warehouse functionality with high-end office space.

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Residential Estate with Equestrian Facilities
Residential Estate with Equestrian Facilities

7700 Henze Road, Evansville, IN 47720

$4,900,000
35.00 AC lot

Single-family residence on 35 acres with equestrian center, riding arena, multiple barns, and extensive on-site accommodations.

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Evansville Commercial Property with Warehouse
Evansville Commercial Property with Warehouse

2526 N. Burkhardt Rd., Evansville, IN 47715

$465,000
5,220 sqft

Mixed-use property with retail, office, and warehouse space.

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Evansville Industrial Property For Sale
Evansville Industrial Property For Sale

1618 Lynch Rd, Evansville, IN 47711

$3,950,000
85,702 sqft

85,702 SF industrial building in Evansville, Indiana.

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Remodeled Office Suite with Private Entry
Remodeled Office Suite with Private Entry

2041 Washington Ave, Evansville, IN 47714

$130,000
924 sqft

Remodeled office suite with two private offices, a large reception area, and paved parking for up to six vehicles.

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Corner-Location Medical Office Building
Corner-Location Medical Office Building

801 North Weinbach Avenue, Evansville, IN 47711

$199,000
6,970 sqft

Turnkey medical office building with dedicated parking, waiting area, reception, and three exam rooms.

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Evansville, IN Commercial Real Estate Market Trends and Statistics

Explore 223 commercial real estate for sale in Evansville, IN, showcased through 223 active listings on our real estate platform. These investment opportunities span a total of 1,569,461 square feet of properties for sale, with an estimated market value of $32,123,120.

Sale prices for business properties in Evansville, IN start at $30,000, averaging $823,669, and reaching up to $4,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 183K
Population Growth (5Y) +10.0%
Median Household Income $64,157
College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47710 $305.5K
47701 $500K
47725 $532.3K
47715 $536.1K
47713 $561.5K

Taxes & Financing

Tax Rate (average for all types) 2.78%
Property Tax per SF $43.26 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Vanderburgh County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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