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    501 Main St Evansville, IN 47708

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    For Lease
    $11 SF/Yr

    1,500 SF office space in a prominent downtown building.

    Property size:
    51,168 SF
    Lot size:
    51,168 SF

    Property Features for 501 Main St

    General Information

    Size
    51,168 SF

    Building Details

    Year built
    1965

    Source: Matt Kiefer Agent Matt Kiefer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Office Space Available

    Professional office space is available within a prominent downtown office building situated on Main Street. The space offers 1,500 square feet and is located at the corner of Main Street and 5th, in the heart of downtown. The space is offered at $11.00 per square foot per year, suitable for businesses seeking a central and professional location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evansville Bar Association ... Non-Profit Organization Kahn, Dees, Donovan ... Legal Services Emergency Dentistry Evansville Emergency Dental Service Pocket City Foundation ... Concrete Product Supplier Boost Mobile Cell Phone Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5635251
    Latitude
    37.9822827

    Nearby Similar for Lease

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      Renovated Office Space in Evansville

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    FAQs

    What type of property is this?
    Office space - 1,500 SF office space in a prominent downtown building.
    Where is this office space located?
    The property is located at 501 Main St Evansville, IN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prominent downtown office building on Main Street.; - Central and professional location.; - 1,500 SF space available.
    (812) 499-8770
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    501 Main St Evansville, IN 47708
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    501 Main St Evansville, IN 47708
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