Mixed-Use Retail and Apartment
1201 N 1st Ave, Evansville, IN 47710
For Sale
$60,000
Vacant former liquor store with an upstairs two-bedroom apartment and off-street parking on a C-2 zoned property.
Property Size3,080 SF
Days on Market144
Property Features for 1201 N 1st Ave
General Information
Standard status
Size
Class
Property subtype
Zoning
Site & Location
Neighborhood
Traffic Count
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
NAI Prime Commercial
Listed By:
Scott Edmond, CCIM · License KY #291439
(812) 453-3102
Source:
Naiprime
Added: Jun 24
Changed: Nov 12
Last Checked: Nov 12 at 6:05AM
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 NAI Prime Commercial
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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.
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
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Current Use
Lease Details
2
Residential units
18,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
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 $60,000.
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
