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Restored Restaurant Building with Rooftop Deck

22 NW Sixth Street, Evansville, IN 47708

For Sale
$950,000

COMMERCIAL, Evansville, IN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market143

Property Features for 22 NW Sixth Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Eastern
Directions S on ML King, R on Sycamore, S on NW Sixth Street.
Standard status Active
APN 82-06-30-020-033.016-029
Lot size 0.07 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Tax Year 2024
Tax Description EASTERN ENL PT LOT 15 BL 31 | |
Tax Annual Amount 4846
Legal Description EASTERN ENL PT LOT 15 BL 31 | |

Utilities

Cooling system Central Air

Building Details

Year built 1905
Flooring type Concrete, Vinyl
Roof type Rubber
Listing Agency: Berkshire Hathaway HomeServices Indiana Realty
Listed By: Philip Hooper · License IN RB14052159
Added: Jun 22 Changed: Oct 25 Last Checked: Nov 11 at 7:06PM
MLS# 202624962

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-level restaurant property includes a code-compliant kitchen with a grease trap and 11' hood, along with a bar and cocktail lounge on the second floor. The upper level has its own street-front entrance and egress, while a rooftop deck provides elevated outdoor space. Flooring includes vinyl and concrete, with central air conditioning and a rubber roof.

Structural and MEP improvements were completed in 2017, including three-phase electric service. State-submitted IDHS occupancy documents are available. The property is within the riverfront development area for non-quota liquor licensing and sits across from the Sycamore parking garage. The Victory Theater is nearby, with the Ford Center located down the block.

Key Highlights

  • Structural and MEP upgrades completed in 2017
  • Code kitchen with grease trap and 11' hood
  • Second‑floor bar and cocktail lounge with separate street‑front entrance and egress

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Arcademie Bar & Pub

Suggested Use

Top Pick Storage Facility Nail Salon (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Wine and Liquor 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

Turnkey business
Opportunity
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

2,355
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-level restaurant property with a second-floor bar, cocktail lounge, and separate street-front entrance.
Where is this conventional restaurant located?
The property is located at 22 NW Sixth Street Evansville, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Structural and MEP upgrades completed in 2017; Code kitchen with grease trap and 11' hood; Second‑floor bar and cocktail lounge with separate street‑front entrance and egress
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