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Blank-Slate Retail/Office Building
For Sale
$380,000

4115 E Morgan Ave, Evansville, IN 47715

Versatile retail/office building with nearly 5,000 sq ft and an approximately 200 sq ft outbuilding.

Property Size4,755 SF
Price / SF$79.92
Days on Market144

Property Features for 4115 E Morgan Ave

General Information

Standard status Active
Size 4,755 SF

Site & Location

Traffic Count 20,000 vehicles/day
Road Access Yes

Building Details

Year Built 1989
Listing Agency: KELLER WILLIAMS CAPITAL REALTY
Listed By: Casey McCoy · License #RB14045622
Source: Daubyrealestate
Added: Apr 2 Changed: Aug 23 Last Checked: Aug 22 at 6:12PM

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 KELLER WILLIAMS CAPITAL REALTY

Investment Insights

Based on property information with market context.

This blank-slate retail/office building offers a versatile interior that can be adapted for multiple tenants or a single owner-user. The property includes nearly 5,000 square feet of main space plus an additional outbuilding of approximately 200 square feet, providing extra flexibility for storage or supplementary use.

Located on E Morgan Ave near Green River Rd, the site benefits from heavy passing traffic, with approximately 20,000 cars per day traveling by the professional/retail/trade opportunity. Easy access to the surrounding area supports both customer-facing and back-office operations.

Key Highlights

  • Nearly 5,000 sq ft professional/retail/trade building built in 1989
  • Located on Morgan Ave near Green River Rd, with approximately 20,000 cars per day passing by
  • Versatile layout for multiple tenants or a single owner/user

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service Grocery & Convenience 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

20,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
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?
Office building - Versatile retail/office building with nearly 5,000 sq ft and an approximately 200 sq ft outbuilding.
Where is this office building located?
The property is located at 4115 E Morgan Ave Evansville, IN.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Nearly 5,000 sq ft professional/retail/trade building built in 1989; Located on Morgan Ave near Green River Rd, with approximately 20,000 cars per day passing by; Versatile layout for multiple tenants or a single owner/user
More about this property
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