Search
Four-Story Office and Retail Building
For Sale
$2,550,000

524-530 Main Street 19-27 sixth, Evansville, IN 47708

Four-story building with leased retail and office suites plus an accompanying surface parking lot in downtown Evansville.

Property Size45,218 SF
Days on Market115

Property Features for 524-530 Main Street 19-27 sixth

General Information

Standard status Active
Size 45,218 SF
Class B
Property subtype Office

Building Details

Building Size 45,218 SF
Stories 4
Tenancy Multi
Listing Agency: SVN | The Martin Group Evansville
Listed By: Richard Clements · License #IN #RB18002031
Source: Svn
Added: May 14 Changed: Aug 31 Last Checked: Sep 5 at 4:48AM

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.

This four-story office and retail building includes a first-floor mix of leased retail and office space and additional leased suites on the second and fourth floors. The first floor features two leased retail spaces (959 SF and 5,772 SF) and a leased 3,539 SF office space with two on-street entry access points. The second floor is comprised of two leased suites measuring 4,414 SF and 1,947 SF.

The third floor is primed for reimagining, with 5,000 SF ready to be converted into three to four apartments or several office suites. The fourth floor is occupied by a professional firm in a 6,025 SF multi-office space with a kitchenette and conference rooms. The tenant is open to extending the lease or vacating if a buyer wants to convert the space to residential.

The property is offered for sale with an accompanying surface parking lot and is positioned downtown near the Victory Theater, Ford Center, IU School of Medicine, and the Evansville-Vanderburgh County Civic Center.

Key Highlights

  • 4‑story downtown Evansville building with leased retail, office, and multiple leased suites plus an accompanying surface parking lot.
  • First floor includes 959 SF retail on Sixth Street and 5,772 SF retail on Main Street, plus a 3,539 SF office leased with two on‑street entry accesses.
  • Second floor has two leased suites totaling 6,361 SF (4,414 SF and 1,947 SF).

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Acupuncture Storage Facility Florist Wine and Liquor 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,024
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Four-story building with leased retail and office suites plus an accompanying surface parking lot in downtown Evansville.
Where is this office building located?
The property is located at 524-530 Main Street 19-27 sixth Evansville, IN.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 4‑story downtown Evansville building with leased retail, office, and multiple leased suites plus an accompanying surface parking lot.; First floor includes 959 SF retail on Sixth Street and 5,772 SF retail on Main Street, plus a 3,539 SF office leased with two on‑street entry accesses.; Second floor has two leased suites totaling 6,361 SF (4,414 SF and 1,947 SF).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message