163 3rd Ave Evansville, IN 47708-1021

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.

Location Insight

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