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Property profile & analytics
OFF-MARKET
Office Spaces

11200 Upper Mount Vernon Rd Evansville, IN 47712

1,584 SF 0.7 ac lot Built 1906
Property ID
Property summary
AI-generated overview

This exceptional executive office space, situated on a 0.7-acre lot in Evansville, Indiana, presents a unique investment opportunity. The property, a former bank building constructed in 1906, boasts 1,584 square feet of well-maintained office space spread across two stories within a single building. The building is zoned B-3 Commercial High Intensity, offering flexibility for a variety of professional uses. The address is 11200 Upper Mt Vernon Rd, Evansville, IN 47712, conveniently located in Posey County. The asking price is $225,000, translating to a price per square foot of $142.05. The property's rich history and prime location make it an ideal space for discerning businesses seeking a prestigious address. The substantial lot size provides ample room for expansion or additional development, subject to local zoning regulations. The property's APN is 65-13-13-300-037.001-019. This is a rare opportunity to acquire a piece of Evansville's history and establish a thriving business in a highly desirable location. Further details are available upon request.

Property profile
Verified
Property type Office Spaces
Year built 1906
Total area 1,584 SF
Lot 0.7 ac (30,492 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • St Philip’s Inn Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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