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    119-123 SE 4Th St Evansville, IN 47708

    Pending
    For Sale
    $1,000,000

    Mixed Use - Evansville, IN

    Type:Mixed Use
    Lot size:
    0.18 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 119-123 SE 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    82-06-30-020-019.012-029
    Parking
    2
    Interior features
    Drywall, Basement, Display Window(s), Other
    Exterior features
    Basement, Display Window(s), Other
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1899
    Floors in Building
    2
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Landmark Realty & Development, Inc. (812) 474-9814 [email protected]

    Listing agent Stacy Stevens (812) 474-9814 License #RB14028002

    Listing date Nov 12, 2025

    MLS# 202543760 Listing URL

    Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Mixed-Use Building, Evansville

    This historic mixed-use building, formerly known as F’s Steak House and commonly known as Jaya’s, is situated in the heart of downtown Evansville, half a block from the Medical School and across the street from Deaconess Clinic Downtown. The property offers investment and development opportunities. The first floor features an open space, a full kitchen, and a bar. The second floor includes two finished apartments, with additional unfinished space available for another apartment. The building is in good condition and has a 2-year-old roof. The lot size is 0.18 acres. There are two parking spaces located behind the building, with on-street parking available on Fourth Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.570246
    Latitude
    37.970044

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    FAQs

    What type of property is this?
    Mixed-use property - Downtown mixed-use building with apartments and commercial space for sale.
    Where is this mixed-use property located?
    The property is located at 119-123 SE 4Th St Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime downtown location, half a block from the Medical School and across the street from Deaconess Clinic Downtown.; - Historic building with investment and development potential.; - First floor features open space, full kitchen, and bar.
    (812) 474-9814
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119-123 SE 4Th St Evansville, IN 47708
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