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    Evansville, IN

    Evansville, IN Commercial Real Estate for Sale

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    Versatile Industrial Property with Storage
    Updated: Mar 10
    Versatile Industrial Property with Storage

    10105 Hedden Rd, Evansville, IN 47725

    $1,400,000
    8,736 sqft 1.44 AC lot
    Expansive 50,000+ SF secured, paved outdoor storage area with perimeter fencing and lighting.
    Versatile 8,736 SF industrial building with office, showroom, and warehouse space.
    Flexible interior layout with both private offices and open workspace.
    First floor includes dedicated showroom/classroom space and customer waiting area.
    Located on Evansville’s north side in a strong industrial corridor.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10105 Hedden Rd, Evansville, IN 47725

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $106K
      Annual

    • Mortgage

      $450K
      Apr 2015

    • Property Type

      Warehouse, Storage
      Built 1999
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    Historic Boutique Hotel with 16 Rooms
    Updated: Jul 15
    Historic Boutique Hotel with 16 Rooms

    1119 Lincoln Avenue, Evansville, IN 47714

    $849,000
    2.04 AC lot
    Historic Boehne House built in 1912, listed on the National Register of Historic Places (1983).
    9,257 sq ft property on a 2.04‑acre site (two parcels) with a dedicated 21‑space parking lot and room for expansion.
    Interior includes 16 rooms with 6 suites, including a fully independent 3rd story unit with the square footage of an independent home.
    Modern systems: 3 independent HVAC systems, updated plumbing and electrical, and a tankless water heater.
    Roof replaced in 2021; structural support systems installed in 2023 for limestone building stability.
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    Restored Bar and Restaurant Building
    Restored Bar and Restaurant Building

    22 NW Sixth Street, Evansville, IN 47708

    $950,000
    0.07 AC lot

    Restored with 2017 structural and MEP upgrades, including a code kitchen, grease trap, and second-floor bar with rooftop deck.

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    Office Building with Detached Garage
    Office Building with Detached Garage

    621 W Mill Road, Evansville, IN 47710

    $199,888
    0.21 AC lot

    Office layout with front office, reception, kitchenette, and detached 2.5-car garage, with multiple parking spaces.

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    Commercial Building in Jacobsville Project
    Commercial Building in Jacobsville Project

    1317 N Main St, Evansville, IN 47711

    $965,000
    11,684 sqft

    Commercial building in the heart of Jacobsville Revitalization Project.

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    Professional Office Space with Private Entrance
    Professional Office Space with Private Entrance

    2610 S Green River Road, Evansville, IN 47715

    $699,900
    0.50 AC lot

    Office space with multiple furnished offices, conference rooms, reception area, kitchen, and paved parking with ADA-compliant spaces.

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    C4 Zoned Automotive Service and Office Building
    C4 Zoned Automotive Service and Office Building

    15 E Riverside Drive, Evansville, IN 47713

    $225,000
    0.23 AC lot

    Flex-style shop with twin 10' garage bays, showroom/reception space, and substantial parking on Riverside Drive frontage.

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    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    4115 E Morgan Avenue, Evansville, IN 47715

    $380,000
    0.50 AC lot

    Retail building offers a blank-slate layout with an additional outbuilding near major road access.

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    Research and Development Center
    Research and Development Center

    900 W Indiana Street, Evansville, IN 47712

    $4,500,000
    59,739 sqft

    Like new R&D center with furnished offices and test labs.

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    As-Is 2-Bedroom Residential Fixer
    As-Is 2-Bedroom Residential Fixer

    313 Cass Avenue, Evansville, IN 47713

    $37,000
    552 sqft 0.08 AC lot

    2-bedroom home offered as-is with extensive repairs needed and a flexible layout awaiting renovation.

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    Retail Storefront Requiring Renovation
    Retail Storefront Requiring Renovation

    1417 N Elliott Street, Evansville, IN 47711

    Contact for pricing
    0.12 AC lot

    Retail storefront on a small lot, zoned C-4, with a condition suited for investors or owner-operators planning renovations.

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    Bank-Former Drive-Through Restaurant Building
    Bank-Former Drive-Through Restaurant Building

    2521 Washington Avenue, Evansville, IN 47714

    $500,000
    3,356 sqft

    Former bank branch with secure vault, multiple offices, and drive-through service lanes plus 31 paved parking spaces.

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    Office and Meeting Facility
    Office and Meeting Facility

    1043 N Fulton Avenue, Evansville, IN 47710

    $30,000
    0.17 AC lot

    Property includes two meeting areas, three half baths, and storage, and needs repairs and updates.

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    Updated Office Building
    Updated Office Building

    1010 S Weinbach Avenue, Evansville, IN 47714

    $375,000
    0.19 AC lot

    Office building with 13-space parking, updated offices, kitchen areas, and conference rooms, plus multiple bathrooms.

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    Restaurant and Bar with Liquor License
    Restaurant and Bar with Liquor License

    315 N Main St, Evansville, IN 47711

    $850,000
    4,398 sqft

    For-sale restaurant/bar on a 0.23-acre lot with business assets and liquor license included.

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    66 Acres Prime Evansville Land
    66 Acres Prime Evansville Land

    3100 N Burkhardt Road, Evansville, IN 47715

    $2,900,000
    66.00 AC lot

    66 acres of land on Evansville's desirable eastside.

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    Corner Commercial Development Land
    Corner Commercial Development Land

    318 320 322 E Cherry Street, Evansville, IN 47713

    $59,900
    0.33 AC lot

    Three adjoining lots offer corner exposure with mixed zoning across commercial and residential designations.

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    Two-Story Brick Retail Building
    Two-Story Brick Retail Building

    4901 Tippecanoe Dr, Evansville, IN 47715

    $499,999
    7,156 sqft

    Attractive two-story, two-tenant brick building with 30-car parking, leased downstairs and upstairs.

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    Land with Shared Pond Access
    Land with Shared Pond Access

    4904 Middle Mount Vernon Road, Evansville, IN 47712

    $255,000
    17.00 AC lot

    17 acres zoned R-3 with shared pond access, offering flexibility for residential and agricultural or recreational uses.

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    Blank-Slate Retail/Office Building
    Blank-Slate Retail/Office Building

    4115 E Morgan Ave, Evansville, IN 47715

    $380,000
    4,755 sqft

    Versatile retail/office building with nearly 5,000 sq ft and an approximately 200 sq ft outbuilding.

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    Residential Estate with Equestrian Facilities
    Residential Estate with Equestrian Facilities

    7700 Henze Road, Evansville, IN 47720

    $4,900,000
    35.00 AC lot

    Single-family residence on 35 acres with equestrian center, riding arena, multiple barns, and extensive on-site accommodations.

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    Reimagined Industrial Flex Building
    Reimagined Industrial Flex Building

    2626 Kotter Avenue, Evansville, IN 47715

    $1,700,000
    20,700 sqft 1.00 AC lot

    Modern flex building blending warehouse functionality with high-end office space.

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    Flex Automotive Service Building
    Flex Automotive Service Building

    15 E Riverside Dr, Evansville, IN 47713

    $225,000
    3,043 sqft

    C4-zoned commercial building with a side-load shop, twin 10' garage doors, and a reception/showroom area.

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    Versatile Event Venue For Sale
    Versatile Event Venue For Sale

    8335 Eagle Lake Drive, Evansville, IN

    $1,300,000
    7,233 sqft 1.31 AC lot

    Turnkey event center suitable for retail, restaurant, or office.

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    Evansville, IN Commercial Real Estate Market Trends and Statistics

    Explore 190 commercial real estate for sale in Evansville, IN, showcased through 190 active listings on our real estate platform. These investment opportunities span a total of 758,058 square feet of properties for sale, with an estimated market value of $42,087,343.

    Sale prices for business properties in Evansville, IN start at $30,000, averaging $978,775, and reaching up to $5,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47710 $305.5K
    47701 $500K
    47725 $532.3K
    47715 $536.1K
    47713 $561.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Vanderburgh County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Evansville, IN

    • 47715
    • 47711
    • 47710
    • 47713
    • 47725
    • 47714
    • 47708
    • 47712
    • 47720
    • 47701

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