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    163 3rd Ave Evansville, IN 47708-1021

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    163 3rd Ave Evansville, IN 47708-1021


    • Warehouses
    • 13,606 SF
    • 0.56 lot acres
    Off-Market
    Property ID
    US31-1214141
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Victory Laundry / (Bike/Boat/Book/etc) Store
    • Little Room / Hotel & Motel / Resort

    Property Details for 163 3rd Ave

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.56 lot acres
    Property size
    13,606 SF
    Property type
    Warehouses
    APN
    82-06-30-029-003.015-029
    APU
    820630029003015029

    Description

    This exceptional Evansville, Indiana property presents a unique investment opportunity in the heart of the Central Business District. The offering encompasses a substantial 13,606 square foot lot, including a 12,106 square foot warehouse and a 1,500 square foot event space known as "The Little Room." The warehouse, boasting a durable brick exterior and 15-foot ceilings, features an open layout ideal for adaptive reuse. Its C-3 zoning allows for a variety of commercial and mixed-use developments, including retail spaces, co-working environments, or boutique storage facilities. The property's prime location within the thriving downtown area ensures excellent accessibility and visibility, aligning perfectly with the increasing demand for versatile commercial spaces in Evansville's growing urban core. The Little Room, a modern event space with high ceilings and abundant natural light, offers a flexible layout suitable for hosting diverse events, from workshops to community gatherings. This combined offering represents a rare chance to acquire a significant property in a dynamic market experiencing robust economic growth, making it an attractive investment for those seeking to capitalize on the future of downtown Evansville. The 0.56-acre lot provides ample space for future expansion or development. The property is priced at $800,000.


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    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5778
    Latitude
    37.9743
    CBSA code
    21780
    CBSA name
    EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,277
    $110,200
    $82,700
    $192,900
    -
    $110,200
    $82,700
    $192,900
    More about this property
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