Corner Retail Development
For Sale
Contact for pricing
Pending
601 E Franklin St, Evansville, IN 47711
Corner lot with street and alley access, plus a 2,550 SF masonry building needing rehab or razing.
Property Size2,550 SF
Lot Size0.20 Acres
Days on Market148
Property Features for 601 E Franklin St
General Information
Standard status
Pending
Size
2,550 SF
Lot size
0.20 Acres
Property subtype
Retail, Land
Additional Details
Road Access
Yes
Building Details
Construction
masonry
Listing Agency:
ERA First Advantage Realty, Inc.
Listed By:
Mark Miller · License #Rb14041862
(812) 760-1506
Source:
Crexi
Added: Apr 11
Changed: Aug 26
Last Checked: Sep 4 at 12:17PM
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 ERA First Advantage Realty, Inc.
Investment Insights
Based on property information with market context.
This corner-lot commercial site includes frontage and access from North Garvin Street and East Franklin Street, along with access from a rear alley. The property totals 8,815 SF (0.20 acres) and features an existing 2,550 SF masonry building that requires rehab or could be razed for new construction.
With frontage on two streets and additional rear-alley access, the site offers multiple points of entry for potential redevelopment and site design flexibility. The existing structure provides a starting point for assessment, or an opportunity to clear the lot for a new build.
Overall, it’s a redevelopment-oriented retail development site due to the current building condition, with corner-lot exposure and practical access from both street sides and the alley.
With frontage on two streets and additional rear-alley access, the site offers multiple points of entry for potential redevelopment and site design flexibility. The existing structure provides a starting point for assessment, or an opportunity to clear the lot for a new build.
Overall, it’s a redevelopment-oriented retail development site due to the current building condition, with corner-lot exposure and practical access from both street sides and the alley.
Key Highlights
- Corner lot totaling 8,815 SF (0.20 acres) with frontage and access from North Garvin St, East Franklin St, and a rear alley
- Includes a 2,550 SF masonry building that needs rehab or could be razed for new construction
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 47711, IN
31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner lot with street and alley access, plus a 2,550 SF masonry building needing rehab or razing.
Where is this commercial land located?
The property is located at 601 E Franklin St Evansville, IN.
What are key features of this property?
This property features: Corner lot totaling 8,815 SF (0.20 acres) with frontage and access from North Garvin St, East Franklin St, and a rear alley; Includes a 2,550 SF masonry building that needs rehab or could be razed for new construction
