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Mixed-Use Property with Apartment Units
New
For Sale
$145,000

1125 N Main St, Evansville, IN 47711

Flexible commercial layout with office suites, residential units, separate entrances, and adjacent vacant lots.

Property Size3,539 SF
Price / SF$40.97
Days on Market5

Property Features for 1125 N Main St

General Information

Standard status Active
Size 3,539 SF
Property subtype Multi-Family

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Land Use commercial, residential

Amenities

private offices
work areas
breakroom
3 restrooms
off-street parking
private entrance

Building Details

Year Built 1894
Buildings 1
Stories 2
Listing Agency: KELLER WILLIAMS CAPITAL REALTY
Listed By: Ronald Hill
Source: Callcriswell
Added: Sep 6 Changed: Sep 8 Last Checked: Sep 9 at 8:54PM

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 KELLER WILLIAMS CAPITAL REALTY

Investment Insights

Based on property information with market context.

This 3,539-square-foot mixed-use property, built in 1894, combines business space with two residential units. The ground level is arranged for multiple office suites and includes private offices, work areas, a breakroom, three restrooms, and off-street parking.

Upstairs, a two-bedroom apartment and a separately metered one-bedroom, one-bath unit each have private entrances. The one-bedroom unit is operating as an Airbnb. The sale also includes vacant lots adjoining the property along Main St and Louisiana St, expanding the overall site component at 1125 N Main St in Evansville.

Key Highlights

  • 3,539 SF mixed‑use property at 1125 N Main St, Evansville, IN
  • First‑floor layout supports multiple office suites with private offices and work areas
  • Ground level includes a breakroom, 3 restrooms, and off‑street parking

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Accounting Firm Garden Center Butcher

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,452
Businesses Nearby

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial layout with office suites, residential units, separate entrances, and adjacent vacant lots.
Where is this mixed-use property located?
The property is located at 1125 N Main St Evansville, IN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 3,539 SF mixed‑use property at 1125 N Main St, Evansville, IN; First‑floor layout supports multiple office suites with private offices and work areas; Ground level includes a breakroom, 3 restrooms, and off‑street parking
More about this property
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