You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

Fountain Ave Evansville, IN 47710

0.29 ac lot Built 1963
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located on Fountain Avenue in Evansville, Indiana, presents a fantastic opportunity for a variety of businesses. The 4800 square foot building sits on a 0.29-acre corner lot, providing excellent visibility and ample parking. The M3 zoning allows for diverse uses. The interior features two well-appointed offices, each boasting large windows for abundant natural light. Office furniture and desks are included in the sale. One office also includes a full bathroom with a shower. The remaining space is divided into three large areas, ideal for workspaces, storage, or a combination of both. Two overhead doors at the rear of the building provide convenient access for loading and unloading. Before closing, one overhead door and a portion of the rear west-side roof will be replaced. An additional lot to the west offers potential for expansion, such as creating additional parking or constructing new building space. The combination of prime location, versatile layout, and included improvements makes this property an attractive investment. The property's corner lot ensures high visibility, making it an ideal location for businesses seeking strong exposure to potential customers. This is a rare opportunity to acquire a well-maintained commercial building in a desirable location. The property is priced at $224,900.

Property profile
Verified
Property type Commercial real estate
Year built 1963
Lot 0.29 ac (12,632 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Fountain Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
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