4004 E Morgan Ave Evansville, IN 47715
For Sale
This exceptional two-story, 16,380 square foot Class B office building, situated on a 1.2-acre lot in Vanderburgh County, presents a compelling investment opportunity. Constructed in 1977 and extensively renovated in 2024, the property boasts a prime east side location at a signalized intersection on E Morgan Ave and N Stockwell Rd. The building features a single structure with ample parking (50 spaces) and is zoned C-1. Currently offering multiple tenancies, one space of 2,592 square feet is immediately available. This suite includes seven private offices, a convenient kitchenette, and a welcoming reception area. A significant incentive is available: three months of free rent with a qualifying lease. The building's recent renovation ensures modern amenities and functionality, making it an ideal space for a variety of businesses. The property's strategic location and substantial size offer significant potential for growth and return on investment. This is a rare opportunity to acquire a well-maintained, updated office building in a highly desirable location.
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Konica Minolta Business Solutions Business To Business Service
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tristatehomefinder.net Real Estate Agency
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Scott Edmond CCIM - NAI Prime Commercial Real Estate Agency
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Team Select Home Care Home Health Care Service
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Action Staffing, Inc. Employment Agency
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
Similar Nearby for Lease
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.