1000 Professional Blvd Evansville, IN 47714

Property Details for 1000 Professional Blvd

Year built

1999

Construction

WOOD

Lot size

0.80 lot acres

Property size

3,105 SF

Property type

Banks

APN

82-06-35-016-096.022-027

APU

820635016096022027

Description

This exceptional 3,105 square foot retail property, formerly a bank branch, is situated on a 0.8-acre lot in Evansville, Indiana, at 1000 Professional Blvd, zip code 47714. The single-story building is zoned C-1 and boasts a strategic location within the Professional Concourse, a premier medical office park developed due to its proximity to St. Vincent Hospital (formerly St. Mary's Hospital), a 445-bed facility. This location benefits from being in one of Evansville's highest-density residential areas, ensuring high visibility and foot traffic. The asking price is $510,000, translating to $164.25 per square foot. The property includes a deed restriction for banking use at closing. Covenants and restrictions are available for review. A key advantage is the existing lease-back agreement for the ATM, providing immediate rental income. The property's APN is 82-06-35-016-096.022-027. This presents a unique opportunity for investors seeking a high-return property in a thriving medical corridor. The building's single-story design and ample lot size offer flexibility for various retail uses. This is a turnkey opportunity with significant potential for growth and return on investment.