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Downtown Evansville High-Tech Incubator
For Lease
$12.48 SF/Yr

318 Main Street, Evansville, IN 47708

High-tech business incubator in the heart of Downtown Evansville.

Space Size125 SF - 16,000 SF
Property Size65,000 SF
Days on Market213

Property Features for 318 Main Street

General Information

Standard status Active
Size 125 SF - 16,000 SF
Class C
Property subtype Office
Lease Term Gross

Building Details

Building Size 65,000 SF
Year Built 1940

Spaces For Lease

at 318 Main Street Contact us

Third Floor $14/SF/Yr

Size
16,000 SF
Type
Office Building
Term
1 year minimum
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2nd Floor Outreach and Engagement Space $1.04/SF/Mo

Size
3,283 SF
Type
Office Building
Term
12 months
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Suite 205 318 Min Street Evansville, IN 47708 $365/Mo

Size
125 SF
Term
Negotiable
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Suite 206 318 Min Street Evansville, IN 47708 $365/Mo

Size
125 SF
Term
Negotiable
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Suite 207 318 Min Street Evansville, IN 47708 $365/Mo

Size
153 SF
Term
Negotiable
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Suite 208 318 Min Street Evansville, IN 47708 $20/SF/Yr

Size
215 SF
Term
Negotiable
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Suite 209 318 Min Street Evansville, IN 47708 $20/SF/Yr

Size
229 SF
Term
Negotiable
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Suite 216 318 Min Street Evansville, IN 47708 $16/SF/Yr

Size
251 SF
Term
Negotiable
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Suite 222 318 Min Street Evansville, IN 47708 $20/SF/Yr

Size
834 SF
Type
Office Building
Term
Negotiable
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Suite 223 318 Min Street Evansville, IN 47708 $20/SF/Yr

Size
221 SF
Term
Negotiable
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Suite 224 318 Min Street Evansville, IN 47708 $20/SF/Yr

Size
184 SF
Term
Negotiable
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Suite 503 318 Min Street Evansville, IN 47708 $16/SF/Yr

Size
1,451 SF
Term
Negotiable
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Listing Agency: SVN | The Martin Group Evansville
Listed By: Richard Clements · License #IN #RB18002031
Source: Svn
Added: Jan 27 Changed: Aug 14 Last Checked: Aug 26 at 6:32AM

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 Evansville

Investment Insights

Based on property information with market context.

Innovation Pointe is a high-tech business incubator situated in downtown Evansville. The building provides business and community support and houses the Evansville Regional Economic Partnership (E-REP), representing the collaboration of GAGE, the Chamber of Commerce, and the Economic Development Coalition. Located at 318 Main Street, the area offers various dining options, including Bru Burger and Comfort by the Cross-Eyed Cricket. Riverside Drive and the Ford Center are also nearby. The location provides convenient access to major thoroughfares and public transportation. The property features 24-hour security surveillance with key fob secured access, 200 mbps internet service, centralized mail and delivery service, and all utilities are included. It also has five equipped conference/meeting rooms and is professionally managed and maintained. The property is suitable for office building tenants.

Key Highlights

  • Prime downtown location with easy access to dining, entertainment, and transportation.
  • All utilities included in lease.
  • Benefit from 24‑hour security surveillance with key fob secured access.

Property Analytics

Current Use

Solar Energy Solutions Solar Energy Company Nexus Law Marketing Advertising Agency JennQuest Business Service Center enine arts Marketing & Advertising SiteTrio Advertising Agency

Suggested Use

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

NNN (Triple Net)
Lease Type
$1.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,126
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

Lease Benchmarks for Evansville, IN

$12.16 /SF/Yr
Avg Asking Price
$8.5–$16.5 /SF/Yr
Price Range
16,836 SF
Avg Space Size

This space is priced 3% above the average of $12.16 /SF/Yr.

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 - High-tech business incubator in the heart of Downtown Evansville.
Where is this office building located?
The property is located at 318 Main Street Evansville, IN.
What is the lease rate?
The lease rate is $12.48 SF/Yr.
What are key features of this property?
This property features: Prime downtown location with easy access to dining, entertainment, and transportation.; All utilities included in lease.; Benefit from 24‑hour security surveillance with key fob secured access.
More about this property
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