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Retail Space with Outbuilding
For Sale
$380,000

4115 E Morgan Avenue, Evansville, IN 47715

COMMERCIAL, Evansville, IN

Property Size5,000 SF
Lot Size0.50 Acres
Price / SF$76
Days on Market145

Property Features for 4115 E Morgan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Lot features City
Directions From I-69 take the Morgan Ave exit to head West. Property will be on the South side of E Morgan Ave.
Subdivision Vanderburgh County
Standard status Active
APN 82-06-23-017-108.009-027
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT NE 23-6-10
Tax Annual Amount 4443
Legal Description PT NE 23-6-10

Utilities

Cooling system Central Air

Building Details

Year built 1989
Flooring type Concrete, Carpet
Roof type Flat
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Casey McCoy · License #RB14045622
Added: Apr 1 Changed: Aug 19 Last Checked: Aug 23 at 1:06PM
MLS# 202611008

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.

Retail space at 4115 E Morgan Avenue in Evansville includes approximately 5,000 SF and sits on a 0.5-acre lot. The building is described as a blank-slate opportunity that can support use for multiple tenants or as a single owner/user.

The property is positioned on Morgan Ave close to Green River Rd, with approximately 20,000 cars per day passing the area for visibility and access. An additional outbuilding of about 200 SF adds flexibility for storage or other support uses.

Interior finishes include concrete and carpet flooring, with central air cooling. The roof is flat, and the building was built in 1989.

Key Highlights

  • Approximately 5,000 SF retail building on a 0.5‑acre lot
  • Approximately 20,000 cars per day travel by on Morgan Ave
  • Outbuilding of about 200 SF for added flexible space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Plumbing Service Grocery & Convenience 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

20,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Standalone retail space with central air and an additional outbuilding, positioned for flexible single- or multi-tenant use.
Where is this retail space located?
The property is located at 4115 E Morgan Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Approximately 5,000 SF retail building on a 0.5‑acre lot; Approximately 20,000 cars per day travel by on Morgan Ave; Outbuilding of about 200 SF for added flexible space
More about this property
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