Commercial Building Near Downtown
For Sale
Contact for pricing
15 W Franklin St, Evansville, IN
M-2 zoned commercial building with updates and flexible space.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market351
Property Features for 15 W Franklin St
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
OFFICE
Listing Agency:
ERA First Advantage Realty, Inc.
(812) 760-1506
Listed By:
Mark J. Miller · License #RB14041862
(812) 760-1506
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Aug 12
Last Checked: Sep 1 at 10:38PM
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 ERA First Advantage Realty, Inc.
Investment Insights
Based on property information with market context.
This all-brick commercial building, zoned M-2, is positioned in a growing commercial corridor across the street from The Forge apartments, a new mixed-use development. The main level provides 2,032 sq ft with a spacious reception area, multiple offices, four half baths, and a kitchen/break area with a separate wet bar and pantry or additional storage. The 520 sq ft basement offers valuable storage and utility access, along with a shower. This would be ideal for businesses needing wash-up space such as construction or service-based operations. Updates include a pitched roof completed in 2020 and a new Carrier HVAC system with central air installed in August 2024. The property includes side and rear parking with alley access. Located near the corner of Franklin and Main Street near downtown Evansville surrounded by complementary businesses that drive consistent traffic, this property offers potential for a variety of uses.
Key Highlights
- M‑2 zoning allows for a wide variety of business uses.
- Prime location in a growing commercial corridor near downtown Evansville and across from a new mixed‑use development (The Forge apartments).
- 2,032 sq ft main level with reception area, multiple offices, four half baths, and kitchen/break area.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,428
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - M-2 zoned commercial building with updates and flexible space.
Where is this office building located?
The property is located at 15 W Franklin St Evansville, IN.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: M‑2 zoning allows for a wide variety of business uses.; Prime location in a growing commercial corridor near downtown Evansville and across from a new mixed‑use development (The Forge apartments).; 2,032 sq ft main level with reception area, multiple offices, four half baths, and kitchen/break area.**
