Corner Commercial Development
318 320 322 E Cherry Street Evansville, IN 47713
For Sale
$59,900
LAND - Evansville, IN
Lot Size0.33 Acres
Days on Market224
Property Features for 318 320 322 E Cherry Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 82-06-29-021-043.015-029
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Dalzell Place lot 23, Dalzell Pl L22 PT L21, Dalzell PL LT20 &1/2 LT21
Listing Agency:
RE/MAX REVOLUTION
(812) 573-0030
Listed By:
Jane Crowley · License #RB14021477
(812) 760-7334
Added: Dec 12, 2025
Changed: Jul 6
Last Checked: Jul 24 at 8:06AM
MLS# 202548760
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.
Investment Insights
Based on property information with market context.
This offering includes three adjoining parcels being sold together as a single package: 318 E Cherry Street, 320 E Cherry Street, and 322 E Cherry Street. The lots total 99 feet of frontage along E Cherry Street and extend 144 feet in depth along S Governor, per the Vanderburgh County Assessor. Parcel 322 E Cherry is zoned C-4 Commercial, while 320 and 318 E Cherry are zoned R-5 Residential.
The property sits at the corner of S Governor and E Cherry in the near-downtown area of Evansville. Surrounding uses include a mix of residential properties, commercial development, and institutional uses, supporting a variety of potential site plans. The seller notes the R-5-zoned parcels may be retained for residential offering flexibility or that the new owner may request a zoning change.
For buyers seeking development flexibility, this site provides both a commercially zoned component and additional residential-zoned frontage within one consolidated footprint. The corner configuration and combined street exposure can be helpful for projects that benefit from visibility along both E Cherry Street and S Governor.
The property sits at the corner of S Governor and E Cherry in the near-downtown area of Evansville. Surrounding uses include a mix of residential properties, commercial development, and institutional uses, supporting a variety of potential site plans. The seller notes the R-5-zoned parcels may be retained for residential offering flexibility or that the new owner may request a zoning change.
For buyers seeking development flexibility, this site provides both a commercially zoned component and additional residential-zoned frontage within one consolidated footprint. The corner configuration and combined street exposure can be helpful for projects that benefit from visibility along both E Cherry Street and S Governor.
Key Highlights
- Three adjoining lots sold as a package at the corner of S Governor and E Cherry in the near‑downtown area
- Combined E Cherry Street frontage: 99 ft; depth: 144 ft along S Governor (per Vanderburgh County Assessor)
- 322 E Cherry is zoned C‑4 Commercial
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Three adjoining lots offer corner exposure with mixed zoning across commercial and residential designations.
Where is this commercial land located?
The property is located at 318 320 322 E Cherry Street Evansville, IN.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Three adjoining lots sold as a package at the corner of S Governor and E Cherry in the near‑downtown area; Combined E Cherry Street frontage: 99 ft; depth: 144 ft along S Governor (per Vanderburgh County Assessor); 322 E Cherry is zoned C‑4 Commercial
