201 NW 4Th St Evansville, IN 47708
For Lease
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This historic 1890 building, renovated in 1910, offers four available office suites in a prime downtown Evansville location. The property, situated at 201 NW 4th St, Evansville, IN 47708, boasts a total of 100,138 square feet across four suites within a single, four-story building on a 2.15-acre lot (APN: 82-06-30-020-025.001-029). Suite sizes range from 936 to 1,824 square feet. Ground level suites are available at a gross rate of $11 per square foot, while first, second, and third-floor suites are $12 per square foot. The building is zoned C-3 and offers nine total parking spaces. Its central downtown location, two blocks from Main Street and five blocks from the Evansville riverfront, provides excellent visibility and accessibility. High traffic counts of 2,323 AADT on the cross street, Court St, further enhance its desirability. This traditional office space presents a unique opportunity in a vibrant and established business district within Vanderburgh County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.