840 Diamond Ave Evansville, IN 47711
- Banks
- 15,360 SF
- 1.30 lot acres
Current Use by Public Records
- Diamond Valley Federal Credit Union - Administrative Center / Federal Credit Union
Property Details for 840 Diamond Ave
- Year built
- 1968
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.30 lot acres
- Property size
- 15,360 SF
- Property type
- Banks
- APN
- 82-06-17-031-120.013-029
- APU
- 820617031120013029
Description
This exceptional commercial property in Evansville, Indiana, presents a unique investment opportunity. Situated on a 1.3-acre lot, the building offers a substantial 15,360 square feet of space, encompassing a main floor and a spacious basement. Previously utilized as a bank branch, the layout is highly adaptable and includes a welcoming reception area, several private offices, ample conference rooms, and four restrooms (two on each floor). The basement provides additional office space, a kitchen/breakroom, extensive storage, and two vaults. A significant advantage is the inclusion of two drive-through service lanes, making it ideally suited for businesses such as coffee shops, food franchises, or pharmacies. Alternative uses could include another bank branch, professional offices, or showrooms for tile, bath, or cabinetry. The property also boasts 38 paved parking spaces, ensuring convenient access for employees and customers. Its prime location in a high-traffic area with excellent visibility and proximity to major thoroughfares and the central business district makes this a highly desirable asset for businesses seeking a strong presence in Evansville. The asking price is $399,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.5503
- Latitude
- 37.9997
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
