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    318 Main St Evansville, IN 47708

    Sponsored
    For Lease
    $14 SF/Yr

    Downtown Evansville, flexible spaces available

    Lot size:
    65,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Innovation Pointe, a Class A office building located at 318 Main St, Evansville, IN 47708, offers diverse workspace solutions. This five-story, 65,000 square foot building, originally constructed in 1940 and extensively renovated in 2017, provides a range of options from executive suites to traditional and creative office spaces, and coworking opportunities. The building is zoned C-3 and features multiple tenants. Spaces are available in sizes ranging from a minimum of 180 square feet to a maximum contiguous space of 16,000 square feet. The building includes elevators and is conveniently located near Third Street. Its central downtown location provides easy access to amenities and is supported by the presence of the Evansville Regional Economic Partnership (E-REP), fostering a collaborative business environment. The property's APN is 82-06-30-020-021.017-029. This prime location and versatile space make Innovation Pointe an ideal choice for businesses of all sizes seeking a modern and dynamic workspace in the heart of Evansville.

    Property Features for 318 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,000 SF
    Class
    A
    Total Rate
    75833.33

    Building Details

    Year Built/Renovated
    1940/2017
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    Suite 215
    Size
    180 SF
    Rate per SF
    $16
    Space
    Suite 220
    Size
    820 SF
    Rate per SF
    $20
    Space
    3rd Floor Suite
    Size
    16,000 SF
    Rate per SF
    $14
    Space
    Suite 503
    Size
    1,451 SF
    Rate per SF
    $18

    HighLights

    • 24‑hour security with key fob access.
    • 200 Mbps internet service.
    • Centralized mail and delivery service.
    • All utilities included.
    • Five equipped conference rooms.
    • Professionally managed and maintained.
    Property Profile Location Intelligence

    Current Use by Public Records

    Solar Energy Solutions Solar Energy Company Nexus Law Marketing Marketing Agency JennQuest Business Development Service enine arts Website Designer SiteTrio Marketing Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.571484615004
    Latitude
    37.971447295004

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    FAQs

    What type of property is this?
    Office space - Downtown Evansville, flexible spaces available
    Where is this office space located?
    The property is located at 318 Main St Evansville, IN.
    What is the lease rate?
    The lease rate is $14-$20 SF/Yr.
    What are key features of this property?
    This property features: 24-hour security with key fob access.; 200 Mbps internet service.; Centralized mail and delivery service.
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    318 Main St Evansville, IN 47708
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    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
    318 Main St Evansville, IN 47708
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