Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    420 5Th St Evansville, IN 47708

    For Lease
    Contact for pricing

    Historic Loft Office, 3,693 SF Available

    Lot size:
    73,109 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3,693 square foot office space is located in Evansville, Indiana's vibrant Downtown NoCo "Makers District," a historic brick and wooden beam loft building at 420 NW 5th St. Built in 1890 and renovated in 2019, this Class B property offers a unique blend of character and modern amenities. The single building, four stories high, features two passenger and freight elevators, serving a total of 73,109 square feet. This listing presents a single available space of 3,693 square feet, the minimum divisible unit, which is also the maximum contiguous space available. The property includes 50 surface parking spaces for tenant use. Additional building amenities include shared meeting/banquet/entertainment space and on-site warehouse/storage with a loading dock. Its convenient location provides easy access to First Avenue and the Lloyd Expressway, and is within walking distance of the YMCA, Civic Center, Ford Center, Victory Theatre, and numerous restaurants and shops. The property is zoned C-4 and its APN is 82-06-30-029-031.001-029

    Property Features for 420 5Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,109 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1890/2019
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 2100
    Size
    3,693 SF

    HighLights

    • 3,693 SF of Class B office space in Evansville, IN's NoCo Makers District.
    • 12' ceilings and large windows (10.5' x 7.5').
    • Remodeled common areas, kitchenettes, and restrooms.
    • Building features new HVAC, security, and fire monitoring systems.
    • 50 free surface parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    On-Site Computer Solutions Computer Repair Service Summit Real Estate ... Commercial Real Estate Agency Commonwealth Engineers, Inc. Engineering Consultant Brill Media Co ... Radio Broadcaster Apex Group (Evansville) Financial Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5736472
    Latitude
    37.9762822

    Nearby Similar for Lease

    • $11,500 /Mo
      6,100 SF

      Tenant-Ready Office Space Available

      6,100 SF commercial space ideal for professional or medical use.
      7145 E Virginia St, Evansville, IN 47715
      View Details
    • $4,075 /Mo
      2,643 SF

      Evansville Office with Unique Features

      Move-in ready office with high visibility and unique amenities.
      15 Vann Ave, Evansville, IN 47714
      View Details
    • $3,038 /Mo
      2,700 SF

      Renovated Retail/Office Space on Main

      Versatile, renovated retail or office space in downtown Evansville.
      327 Main St, Evansville, IN 47708
      View Details
    • $2,700 /Mo
      2,400 SF

      Medical Office Space Available

      Office suite with exam rooms, ideal for medical professionals.
      2809 Lincoln Ave, Evansville, IN 47714
      View Details
    • $2,600 /Mo
      2,100 SF

      Evansville Restaurant/Bar Space Available

      Restaurant/bar space available for rent in Evansville, Indiana.
      920 Main St, Evansville, IN 47708
      View Details
    • $4,037 /Mo
      3,460 SF

      Renovated Office Space in Evansville

      Landmark building with quality office space available for lease.
      915 Main St, Evansville, IN 47708
      View Details

    FAQs

    What type of property is this?
    Office space - Historic Loft Office, 3,693 SF Available
    Where is this office space located?
    The property is located at 420 5Th St Evansville, IN.
    What are key features of this property?
    This property features: 3,693 SF of Class B office space in Evansville, IN's NoCo Makers District.; 12' ceilings and large windows (10.5' x 7.5').; Remodeled common areas, kitchenettes, and restrooms.
    Request Owner's contact information
    420 5Th St Evansville, IN 47708
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    420 5Th St
    Evansville, IN 47708
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 5Th St Evansville, IN 47708
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.