1101 Harmony Way Evansville, IN 47720-6143
- Retail space
- 1,407 SF
- 0.15 lot acres
Dec 26, 2023
Current Use by Public Records
- Harmony Pizza / Pizza Restaurant
Property Details for 1101 Harmony Way
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 1,407 SF
- Property type
- Retail space
- APN
- 82-05-23-019-007.049-025
- APU
- 820523019007049025
Description
This exceptional 1,407 square foot office building is ideally situated at 1101 Harmony Way in Evansville, Indiana, 47720. The property is zoned C-1, offering versatile usage potential. The building's interior features a spacious layout, perfect for a variety of office configurations. A significant highlight is a sizable loft/attic area measuring 36' x 19', presenting a substantial opportunity for expansion, whether for additional office space or valuable storage. This adaptable space adds considerable flexibility to the property's functionality. The asking price for this well-located Evansville office building is $148,500. Its prime location in Vanderburgh County provides easy access to key transportation routes and local amenities, making it an attractive investment opportunity for businesses seeking a functional and expandable workspace. The property's traditional office style offers a classic and established feel, while the potential for expansion ensures its suitability for future growth and adaptation to evolving business needs. This is a rare chance to acquire a well-maintained office building in a desirable location at a competitive price. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $320,000
- 6.5%
- $295,000
- 7%
- $275,000
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Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.6121
- Latitude
- 37.9878
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA