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Mixed-Use Property with Building
For Sale
$2,299,000

109 Northwest 3rd Street, Evansville, IN 47708

Downtown property combines development land with an existing building suitable for multiple business uses or indoor parking.

Property Size71,680 SF
Price / SF$32.07
Days on Market203

Property Features for 109 Northwest 3rd Street

General Information

Standard status Active
Size 71,680 SF
Property subtype Commercial / Mixed Use

Taxes and HOA fees

Annual Taxes $22,340

Amenities

1
No
Concrete
Slab
Yes
Brick
Flat

Building Details

Year Built 1976
Buildings 1
Listing Agency: Landmark Realty & Development, Inc
Listed By: Stacy Stevens · License #RB14028002
Source: Compass
Added: Feb 8 Changed: Aug 29 Last Checked: Aug 29 at 3:30PM

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 Landmark Realty & Development, Inc

Investment Insights

Based on property information with market context.

This mixed-use property at 109 Northwest 3rd Street includes two described lot configurations within downtown Evansville. Lot 1 comprises one-half of a city lot and includes a 10,804-square-foot building. The structure was built in 1976 and features brick exterior construction, a flat roof, concrete interior elements, and slab construction. The building is identified as suitable for multiple businesses or indoor parking.

Lot 2 comprises one-quarter of a downtown city block. Its sale is contingent on the sale of 20 Northwest 4th Street before or at the same time as 109 Northwest 3rd Street. The property is located in Evansville, Indiana, within ZIP code 47708.

Key Highlights

  • 10,804‑square‑foot building included with Lot 1
  • Lot 1 represents one‑half of a city lot
  • Lot 2 represents one‑quarter of a downtown city block

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Nail Salon Storage Facility (Bike/Boat/Book/etc) Store Florist Wine and Liquor Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

2,059
Businesses Nearby

Demographics for 47708, IN

501
Population
538
Households
0.9
Avg Household Size
39
Median Age
46%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
835
Density / Sq Mi
$55,436
Median Household Income
$47,750
Median Earnings
$1,154
Median Rent
$241,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines development land with an existing building suitable for multiple business uses or indoor parking.
Where is this mixed-use property located?
The property is located at 109 Northwest 3rd Street Evansville, IN.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 10,804‑square‑foot building included with Lot 1; Lot 1 represents one‑half of a city lot; Lot 2 represents one‑quarter of a downtown city block
More about this property
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