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Mixed-Use Retail and Apartment Building
For Sale
$70,000

1201 N 1st Ave, Evansville, IN 47710

Vacant former liquor store with an upstairs two-bedroom apartment and off-street parking on a C-2 zoned property.

Property SizeContact for details
Days on Market51

Property Features for 1201 N 1st Ave

General Information

Standard status Active
Property subtype Mixed Use
Zoning C-2

Additional Details

Traffic Count 18,000 vehicles/day
Multifamily Units 2

Building Details

Year Built 1911
Listing Agency:
Listed By: Scott Edmond · License #IN #RB15000270
Source: Naiprime
Added: Jun 24 Changed: Jul 10 Last Checked: Aug 12 at 5:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scott Edmond

Investment Insights

Based on property information with market context.

This property is a mixed-use building that was previously operated as a liquor store on the ground level, with a large two-bedroom apartment upstairs. The building is currently vacant and was constructed in 1911. The upstairs apartment is supported by off-street parking, and the overall property is zoned C-2.

The building is located on First Avenue, positioned south of Diamond Ave and north of Lloyd Expressway. The remarks indicate traffic of approximately 18,000 cars per day, and the area includes nearby businesses such as Berry Plastics and Deaconess Midtown.

For buyers seeking a live-work or multi-use setup, the combination of retail space below and a two-bedroom residence above can support a variety of occupancy strategies. With the property currently vacant, an owner-occupant or investor can evaluate restoration and leasing plans aligned with the existing C-2 zoning configuration and the building’s retail-and-residential layout.

Key Highlights

  • Vacant former liquor store with a 2‑bedroom apartment upstairs
  • Built in 1911
  • C‑2 zoning with off‑street parking

Property Analytics

Current Use

Kwik Stop Liq. (Bike/Boat/Book/etc) Store Coin Cloud Bitcoin ... Atm

Suggested Use

Top Pick Real Estate Agency Catering Service Computer & Electronic Repair Acupuncture Tech Support Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
18,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

2,427
Businesses Nearby

Demographics for 47710, IN

18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Vacant former liquor store with an upstairs two-bedroom apartment and off-street parking on a C-2 zoned property.
Where is this live-work space located?
The property is located at 1201 N 1st Ave Evansville, IN.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Vacant former liquor store with a 2‑bedroom apartment upstairs; Built in 1911; C‑2 zoning with off‑street parking
More about this property
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