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Church and School Facility
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121 Walnut St, Evansville, IN 47708

Occupied church and school property with a finished clergy residence at a signalized downtown intersection.

Property Size41,052 SF
Days on Market144

Property Features for 121 Walnut St

General Information

Standard status Active
Size 41,052 SF
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Buildings 2
Tenancy Single
Listing Agency: Woodward Commercial Realty Inc
Listed By: Chris Jackson, CCIM, SIOR · License #IN RB14026364
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:56PM

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 Woodward Commercial Realty Inc

Investment Insights

Based on property information with market context.

The property includes a 39,834-square-foot church and school facility along with a finished clergy residence containing 1,218 square feet. The site is currently occupied by The Gathering Church of Evansville, providing an established religious-use configuration with separate residential support space.

Positioned at the signalized corner of SE 2nd Street and Walnut Street in downtown Evansville, the property is adjacent to a planned 139-room Hyatt Place hotel. The Mediterranean, a 70-room boutique hotel project, is also located a couple of blocks away along the riverfront. The existing improvements may support continued use or redevelopment, subject to applicable approvals.

Key Highlights

  • 39,834 SF church and school facility
  • Finished 1,218‑square‑foot clergy house
  • Currently occupied by The Gathering Church of Evansville

Property Analytics

Current Use

Restore Outreach Ministries Association / Organization The Gathering Church Event ... Hotel & Motel The Gathering Church Church Imperfectly Balanced You Counselor

Suggested Use

Top Pick Storage Facility Real Estate Agency Nail Salon Furniture & Home Goods Auto Parts Store Garden Center

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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,104
Businesses Nearby

Demographics for 47708, IN

501
Population
538
Households
0.9
Avg Household Size
39
Median Age
46%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
835
Density / Sq Mi
$55,436
Median Household Income
$47,750
Median Earnings
$1,154
Median Rent
$241,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Occupied church and school property with a finished clergy residence at a signalized downtown intersection.
Where is this church & religious facility located?
The property is located at 121 Walnut St Evansville, IN.
What are key features of this property?
This property features: 39,834 SF church and school facility; Finished 1,218‑square‑foot clergy house; Currently occupied by The Gathering Church of Evansville
(812) 205-5580 Call to check price and availability
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