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Remodeled Retail and Office Building
For Sale
Contact for pricing
Pending

2318 W Franklin St, Evansville, IN 47712

Remodeled main level with on-site parking, with a second level that may be suited for an apartment conversion.

Property SizeContact for details
Days on Market143

Property Features for 2318 W Franklin St

General Information

Standard status Pending
Property subtype Retail, Office

Building Details

Year Renovated 2013
Stories 2
Listing Agency: Woodward Commercial Realty Inc
Listed By: Chris Jackson, CCIM, SIOR · License #IN RB14026364
Source: Crexi
Added: Apr 10 Changed: Aug 27 Last Checked: Aug 29 at 8:47PM

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.

This remodeled retail and office building features improvements completed on the main level in 2013. An additional second level is included, which the current presentation suggests could be adapted for an apartment conversion.

The property is located on West Franklin Street in Evansville, IN, an area described as hosting Evansville’s Fall Festival. The remarks also note that on-site parking is available, which is scarce within the Franklin Street District.

Overall, the building offers a retail-and-office configuration with parking on site and a second level that provides flexibility for future use based on the space needs of an owner or tenant.

Key Highlights

  • Remodeled main level in 2013
  • On‑site parking—scarce in the Franklin Street District
  • Located on West Franklin Street (Evansville’s Fall Festival area)

Property Analytics

Current Use

MLH Solutions, LLC Drug Testing Service

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby

Demographics for 47712, IN

24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Remodeled main level with on-site parking, with a second level that may be suited for an apartment conversion.
Where is this retail space located?
The property is located at 2318 W Franklin St Evansville, IN.
What are key features of this property?
This property features: Remodeled main level in 2013; On‑site parking—scarce in the Franklin Street District; Located on West Franklin Street (Evansville’s Fall Festival area)
(812) 205-5580 Call to check price and availability
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