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    517 Fulton Ave Evansville, IN 47710

    Sponsored
    For Lease
    $12 SF/Yr ($6,989 /Mo)

    Newly renovated flex space; multiple sizes.

    Lot size:
    6,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,989 square foot flex space at 517 N. Fulton Ave. offers a unique opportunity for businesses seeking versatile commercial space. The property, built in 1919 and extensively renovated in 2023, boasts a Class B rating and features a single-story building with a 9-foot ceiling height. Three spaces are currently available, ranging from a minimum of 200 square feet to a maximum contiguous space of 3,000 square feet, making it ideal for a variety of uses. The building offers ample parking with 16 spaces and convenient drive-in access. The location is highly desirable, situated just three blocks from the Lloyd Expressway and Route 62, and only five minutes from Diamond Avenue. Interior features include new carpeting, fresh paint, updated lighting, a private break room, and newly renovated bathrooms. The property is zoned C1 and offers a significant frontage of 49 feet along N. Fulton Ave. and is cross-street accessible via W. Iowa St. There are no common area maintenance (CAM) charges; rent is all-inclusive. This is a rare opportunity to secure prime flex space in a highly convenient location with modern amenities. The property is perfect for retail, office, or light industrial uses.

    Property Features for 517 Fulton Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,989 SF
    Class
    B
    Total Rate
    6989

    Building Details

    Year Built/Renovated
    1919/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    509 suite 130-B
    Size
    800 SF
    Rate per SF
    $12
    Space
    509 suite 130-C
    Size
    1,000 SF
    Rate per SF
    $12
    Space
    509 Fulton Av.
    Size
    1,000 SF
    Rate per SF
    $12

    HighLights

    • 6,989 SF flex space, multi‑tenant.
    • 200 SF minimum divisible, 3,000 SF max contiguous.
    • Class B building, 1 story, built in 1919, renovated in 2023.
    • 9' ceiling height, 49' frontage, 16 parking spaces, 1 drive‑in.
    • Located at 517 N. Fulton Ave., near W. Iowa St., zoned C1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Candlelight Customs LLC Gift Shop Electro-Lab Services Inc Electronics Repair Shop Legend 1 Studio Barber Shop Q and A Salon Beauty Salon Beauty Blueprint LLC Hair Salon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5808827
    Latitude
    37.9828642

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    FAQs

    What type of property is this?
    Flex space - Newly renovated flex space; multiple sizes.
    Where is this flex space located?
    The property is located at 517 Fulton Ave Evansville, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 6,989 SF flex space, multi-tenant.; 200 SF minimum divisible, 3,000 SF max contiguous.; Class B building, 1 story, built in 1919, renovated in 2023.
    Request Owner's contact information
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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
    517 Fulton Ave Evansville, IN 47710
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