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Class A Office Building
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221 NW 5th Street & 409 Ingle Street, Evansville, IN 47708

Central Business District office investment in an Opportunity Zone, presented as a Class A asset.

Days on Market23

Property Features for 221 NW 5th Street & 409 Ingle Street

General Information

Standard status Active
Class Class A
Property subtype OFFICE

Additional Details

Opportunity Zone Yes
Listing Agency: F.C. Tucker Commercial
Listed By: Will Smith · License #RB18000507
Source: Moodyscre
Added: Jul 9 Changed: Jul 29 Last Checked: Jul 31 at 11:41AM

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 F.C. Tucker Commercial

Investment Insights

Based on property information with market context.

This Class A office building is offered for sale as a Central Business District investment and is located within a designated Opportunity Zone. The property is presented as a Class A office asset, aligning with its intended professional office use.

The building is located at 221 NW 5th Street & 409 Ingle Street in Evansville, Indiana (47708), placing it in the Central Business District.

For buyers seeking an office asset with Opportunity Zone designation in a downtown setting, this offering provides a Class A office positioning within the Central Business District.

Key Highlights

  • Central Business District office investment
  • Designated Opportunity Zone
  • Presented as a Class A office

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Storage Facility Nail Salon Furniture & Home Goods Pet 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.

Location Intelligence

Trade Area within ½ mile

2,289
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

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 - Central Business District office investment in an Opportunity Zone, presented as a Class A asset.
Where is this office building located?
The property is located at 221 NW 5th Street & 409 Ingle Street Evansville, IN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Central Business District office investment; Designated Opportunity Zone; Presented as a Class A office
(812) 480-0553 Call to check price and availability
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