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    315 W Franklin St Evansville, IN 47711

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    For Lease
    Contact for pricing

    Versatile space suitable for office, retail, or storage businesses.

    Property size:
    6,800 SF
    Lot size:
    0.29 Acres

    Property Features for 315 W Franklin St

    General Information

    Size
    6,800 SF
    Lot size
    0.29 Acres

    Source: Goebel Commercial Realty, Inc. Agent Kevin Goebel

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

    Overview

    Mixed-Use Building in Central Evansville

    This light industrial, two-tenant building offers approximately 6,800 square feet of rentable space, suitable for mixed uses such as office, retail, and storage. It is located on W Franklin St in the heart of Evansville, surrounded by a mix of commercial and residential properties. The location provides quick access to US Highway 41 and Lloyd Expressway, and is just minutes from Downtown Evansville. The property features private entries and restrooms in each available suite. A hanging sign frame with electric is available for tenant use. The retail space is clean and well laid out, featuring a built-in counter, private offices, shelving, and storage. The upstairs office space includes an updated, fully equipped kitchen with new flooring, a large meeting room that could be converted to additional offices, private offices, and a private bathroom. The property would suit a variety of business types, including contractors, automotive, retail, or office businesses. Lease terms are negotiable.
    Location Intelligence

    Current Use by Public Records

    Performance Refinish Supply Paint Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.559535
    Latitude
    37.97979

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    FAQs

    What type of property is this?
    Office space - Versatile space suitable for office, retail, or storage businesses.
    Where is this office space located?
    The property is located at 315 W Franklin St Evansville, IN.
    What are key features of this property?
    This property features: - Over 6,000sf of rentable space with mixed uses (office/retail/storage); - Centrally located on W Franklin St in the heart of Evansville with quick access to US Highway 41 and Lloyd Expressway; - Light Industrial 2 tenant building perfect for mixed use (office/retail/storage) and would suit a variety of business types
    (812) 499-9413
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    315 W Franklin St Evansville, IN 47711
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    Evansville, IN 47711
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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
    315 W Franklin St Evansville, IN 47711
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