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    124 SE 1St St Evansville, IN 47708

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    For Lease
    $1,380 /Mo ($12 SF/Yr)

    Renovated office space in a historic downtown building.

    Property size:
    1,275 SF
    Lot size:
    0.26 Acres

    Property Features for 124 SE 1St St

    General Information

    Size
    1,275 SF
    Lot size
    0.26 Acres

    Source: F.C. Tucker Commercial Agent Aaron Kendall

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

    Overview

    Historic Downtown Evansville Office Space

    The Archer Residence, constructed in 1870 and expanded in 1920 and 1980, is located in the heart of Downtown Evansville at the corner of S.E. First St and Walnut Street. The building, formerly used as a medical office, is situated within Evansville's Riverside Historic District and is listed on the National Register of Historic Places. Pollux Properties began renovations in September 2016. The office space offers access to a shared kitchenette and bathroom. The building has 1275 square feet of space. The area is experiencing redevelopment, making the building desirable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shrewsberry & Associates LLC Engineering Consultant Barber & Bauer, LLP Law Firm ERIN E. BORCHERDING ... Attorney David Robinson, Attorney ... Attorney Spin cuts Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5728064
    Latitude
    37.9685414

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    FAQs

    What type of property is this?
    Office space - Renovated office space in a historic downtown building.
    Where is this office space located?
    The property is located at 124 SE 1St St Evansville, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of Downtown Evansville at the corner of S.E. First St and Walnut Street.; - Situated within Evansville's Riverside Historic District.; - Listed on the National Register of Historic Places.
    (812) 480-8100
    Request Owner's contact information
    124 SE 1St St Evansville, IN 47708
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    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
    124 SE 1St St Evansville, IN 47708
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