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Property profile & analytics
FOR SALE
Retail space

1101 Harmony Way Evansville, IN 47720

1,407 SF 0.15 ac lot Built 1940
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-0280180
1101 Harmony Way, Evansville, IN 47720 For Sale
$170,000 1,407 SF
1101 Harmony Way, Evansville, IN 47720
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction WOOD
Total area 1,407 SF
Lot 0.15 ac (6,336 SF)
APN 82-05-23-019-007.049-025
UPID US31-0280180
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
  • Harmony Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k
Owner & transaction history
Gary Schnell · 2 yrs held
Gary Schnell
since 2023
4 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A
2009
$64,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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