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    112 E 3Rd St Mount Vernon, IN 47620

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    For Lease
    $12 SF/Yr ($3,450 /Mo)

    Office space in the heart of downtown Mount Vernon.

    Property size:
    3,450 SF
    Lot size:
    0.18 Acres

    Property Features for 112 E 3Rd St

    General Information

    Size
    3,450 SF
    Lot size
    0.18 Acres

    Source: Woodward Commercial Realty, Inc. Agent Chris Jackson, CCIM, SIOR

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

    Overview

    Downtown Office Space Available

    This office space is located on the street level and lower level, adjacent to a Fifth Third Bank branch. Situated on the southeast corner of Main Street and East 3rd Street, it is in the heart of downtown Mount Vernon, next to the Posey County Courthouse and government offices. The property is in close proximity to the SABIC plant, which has over 1,200 employees. The lower level features an open layout with one office and two restrooms. The tenant is responsible for utilities. The property is located in Mount Vernon, the largest city in Posey County and part of the Evansville, IN MSA.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Posey
    State
    Indiana
    Longitude
    -87.894698
    Latitude
    37.931192

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    FAQs

    What type of property is this?
    Office space - Office space in the heart of downtown Mount Vernon.
    Where is this office space located?
    The property is located at 112 E 3Rd St Mount Vernon, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Location next to the Posey County Courthouse and government offices.; - High-Traffic Corner Location on Main Street and E 3rd Street.; - Close proximity to the SABIC plant with over 1,200 employees.
    (812) 205-5580
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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
    112 E 3Rd St Mount Vernon, IN 47620
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