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    220 4Th St Evansville, IN 47708

    Sponsored
    For Lease
    $1.33 SF/Yr

    Prime Downtown Evansville Offices Available

    Lot size:
    1,329 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office building, situated at 220 NW 4th St in Evansville, Indiana, offers a diverse range of office spaces perfect for businesses of all sizes. The building's prime location at the corner of 4th and Court Streets provides unparalleled convenience and accessibility. Just a short distance from the Evansville waterfront, this property enjoys proximity to a vibrant array of local businesses, banks, coffee shops, and restaurants, ensuring a dynamic and convenient work environment. The building comprises six individual office spaces, each offering a unique layout and size. Available spaces range from a compact 208 square feet to larger options exceeding 1300 square feet, catering to a variety of business needs and growth plans. The building is classified as offering Traditional, Creative, and Executive office spaces, providing flexibility for various business models. Multiple tenancies are available, making it ideal for both single-occupancy and multi-tenant configurations. The property is located in Vanderburgh County, Indiana, with a zip code of 47708. This is a rare opportunity to secure high-quality office space in a thriving downtown location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 220 4Th St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,329 SF

    Unit(s) available at that property

    Space
    Available Space 6
    Size
    208 SF
    Rate per SF
    $20
    Space
    Available Space B
    Size
    705 SF
    Rate per SF
    $1.33
    Space
    Available Space 4
    Size
    208 SF
    Rate per SF
    $1.68
    Space
    Available Space 5
    Size
    208 SF
    Rate per SF
    $20

    HighLights

    • Exceptional six‑unit office building at 220 NW 4th St, Evansville, IN.
    • Prime downtown location at the corner of 4th and Court Streets, near the waterfront and amenities.
    • Diverse office spaces ranging from 208 sq ft to over 1300 sq ft, accommodating various business needs.
    • Offers Traditional, Creative, and Executive office space options.
    • Multiple tenancies available, suitable for single or multi‑tenant occupancy.
    • Located in Vanderburgh County, IN, zip code 47708.
    Property Profile Location Intelligence

    Current Use by Public Records

    Compass Church of Evansville Church Vanderburgh County Democratic ... Political Party Office Evansville Labor Temple ... Association / Organization SWIN Building Trades Association / Organization

    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
    -87.573413889487
    Latitude
    37.973968236222

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    FAQs

    What type of property is this?
    Office space - Prime Downtown Evansville Offices Available
    Where is this office space located?
    The property is located at 220 4Th St Evansville, IN.
    What is the lease rate?
    The lease rate is $1.33-$20 SF/Yr.
    What are key features of this property?
    This property features: Exceptional six-unit office building at 220 NW 4th St, Evansville, IN.; Prime downtown location at the corner of 4th and Court Streets, near the waterfront and amenities.; Diverse office spaces ranging from 208 sq ft to over 1300 sq ft, accommodating various business needs.
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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
    220 4Th St Evansville, IN 47708
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