41 Division St Evansville, IN 47710-1376
- Office Properties & Spaces
- 6,650 SF
- 0.15 lot acres
Jul 06, 2022
Current Use by Public Records
- Watch Evansville / Internet Marketing Service / Video Production Service
Property Details for 41 Division St
- Year built
- 1951
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.15 lot acres
- Property size
- 6,650 SF
- Property type
- Office Properties & Spaces
- APN
- 82-06-20-025-057.014-029
- APU
- 820620025057014029
Description
This two-story, 6,650-square-foot traditional office building in Evansville, Indiana, is offered at a reduced price of $650,000. Located at 41 W Division St, this property boasts excellent visibility from the Lloyd Expressway and features 14 parking spaces, plus additional street parking. The building, constructed in 1951, sits on a 0.15-acre lot and is zoned C-4. The property includes four units and an attached 1950-square-foot warehouse space with an overhead door, adding significant versatility. The asking price per square foot is $97.74, reflecting a compelling investment opportunity. The property's convenient location offers proximity to numerous businesses, including Echo Clinic, McDonald's, Pike's Mattress, Benthall Bros Inc, and Line-X of Evansville. The parcel ID is 82-06-20-025-057.014-029. This NNN-leased, single-tenancy property presents a strong potential for income generation and future growth. The building's solid construction and desirable location make it an attractive investment in a thriving Evansville commercial district.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.5657
- Latitude
- 37.9777
- CBSA code
- 21780
- CBSA name
- EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
