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    810 SE 1St St Evansville, IN 47713

    For Sale
    $1,057,000

    Historic 5,241 SF building with four luxury units.

    Property size:
    5,241 SF

    Property Features for 810 SE 1St St

    General Information

    Size
    5,241 SF

    Building Details

    Year built
    1869

    Source: Scott Hyatt, CCIM Agent Scott Hyatt, CCIM

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

    Overview

    Historic Evansville Building with Carriage House

    This historic property, constructed in 1869, is located in Evansville, IN. The 5,241 SF building and carriage house features four units, blending tradition and modern functionality. Renovated to meet contemporary needs while retaining its architectural character, this property is suitable for office building investment. The property is fully furnished by an interior designer and includes modern amenities. The surrounding area offers a thriving commercial atmosphere with local businesses, dining, and retail outlets. Convenient access to major highways and public transportation enhances the location's appeal. Nearby attractions include the Evansville Museum of Arts, History, and Science, and the Tropicana Evansville casino and hotel. This property is positioned to capitalize on the area's economic growth and commercial development, making it a choice for investors seeking an office building with enduring appeal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm 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
    -87.5682394
    Latitude
    37.9628924

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    FAQs

    What type of property is this?
    Office building - Historic 5,241 SF building with four luxury units.
    Where is this office building located?
    The property is located at 810 SE 1St St Evansville, IN.
    What is the asking price?
    The asking price for this property is $1,057,000.
    What are key features of this property?
    This property features: - Prime location in the thriving Evansville area, offering excellent commercial potential and convenient access to amenities and transportation.; - Historic property built in 1869, showcasing unique architectural character and enduring appeal.; - **5,241 SF building and carriage house with 4 luxury units, providing versatile investment opportunities.**
    (812) 430-4989
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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
    810 SE 1St St Evansville, IN 47713
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