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Remodeled Retail/Office Property
For Sale
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Pending

1035 W Franklin St, Evansville, IN 47712

Recently remodeled retail/office building with leased suites, plus an adjacent lot that could support additional parking.

Property Size7,978 SF
Days on Market778

Property Features for 1035 W Franklin St

General Information

Standard status Pending
Size 7,978 SF
Property subtype OFFICE

Additional Details

Office Units 2

Building Details

Year Renovated 2021
Tenancy Multi
Listing Agency: Woodward Commercial Realty, Inc.
Listed By: Brian Myrick · License #RB17000916
Source: Moodyscre
Added: Jul 30, 2024 Changed: Sep 4 Last Checked: Sep 14 at 9:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodward Commercial Realty, Inc.

Investment Insights

Based on property information with market context.

This recently remodeled retail/office property is offered for sale with space currently occupied by two tenants: a photography studio in suite 102 and a tattoo studio in suite 201. The sale also includes an adjacent lot (0.10 acres) that could be used for 10 parking spaces. The layout supports an owner-occupied use alongside two additional tenants.

Recent improvements include a new roof in 2013, a fully renovated suite 101 in 2019, a fully renovated suite 102 in 2021, and an HVAC replacement in suite 201 in 2022.

Key Highlights

  • Recently remodeled West Franklin St retail/office building with leased suites for an owner‑occupied user plus 2 additional tenants
  • Includes 2 leased tenants: photography studio (suite 102) and tattoo studio (suite 201)
  • Adjacent lot included (.10 acres) and could support up to 10 parking spaces

Property Analytics

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Open Analytics

Current Use

Dunlap & Nesmith, LLC Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Tanning Salon Pet Store Garden Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,777
Businesses Nearby

Demographics for 47712, IN

24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Recently remodeled retail/office building with leased suites, plus an adjacent lot that could support additional parking.
Where is this office units located?
The property is located at 1035 W Franklin St Evansville, IN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Recently remodeled West Franklin St retail/office building with leased suites for an owner‑occupied user plus 2 additional tenants; Includes 2 leased tenants: photography studio (suite 102) and tattoo studio (suite 201); Adjacent lot included (.10 acres) and could support up to 10 parking spaces
(812) 474-1900 Call to check price and availability
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