Evansville Office Building Investment
For Sale
$595,000
312 NW Martin Luther King Jr Blvd, Evansville, IN 47708
Fully occupied, renovated office building in downtown Evansville, Indiana.
Property Size15,840 SF
Price / SF$37.56
Days on Market261
Property Features for 312 NW Martin Luther King Jr Blvd
General Information
Standard status
Active
Size
15,840 SF
Class
B
Property subtype
Office
Building Details
Building Size
15,840 SF
Year Built
1957
Listing Agency:
SVN | The Martin Group
(812) 499-8770
Listed By:
Matt Kiefer · License #IN #RB19001801
(812) 499-8770
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: May 8 at 9:32PM
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 SVN | The Martin Group
Investment Insights
Based on property information with market context.
This 15,840 square foot office building, located in downtown Evansville, Indiana, presents an investment opportunity. Constructed in 1957 and renovated in 2016, the property features 14 suites and is currently 100% occupied. The building is zoned C-4. Located on Martin Luther King Jr. Blvd., the property benefits from a central location on the edge of downtown. The suites may be modified to suit tenants' needs, and are built out with numerous private offices or left open for a modern feel. The property provides on-site parking for tenants and clients. The building is located two blocks from Ford Center, Main Street, and Civic Center. The roof is scheduled to be replaced in June 2025.
Key Highlights
- 100% Occupancy: Provides immediate and stable income stream
- Prime Downtown Location: Enjoy centrally located with easy access to key amenities and businesses
- Diversified Tenant Mix: 14 suites offer a variety of tenants, reducing risk
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,013
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully occupied, renovated office building in downtown Evansville, Indiana.
Where is this office building located?
The property is located at 312 NW Martin Luther King Jr Blvd Evansville, IN.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate and stable income stream; Prime Downtown Location: Enjoy centrally located with easy access to key amenities and businesses; Diversified Tenant Mix: 14 suites offer a variety of tenants, reducing risk
