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    425 Main St Evansville, IN 47708-1517
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    Property profile & analytics

    425 Main St, Evansville, IN 47708-1517

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    • Retail space
    • 10,575 SF
    • 0.21 lot acres
    Off-Market
    Last Sale Aug 26, 2024
    Property ID
    US31-0904945
    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
    $1,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wellness Erectile Dysunction Treatment Clinic / Medical Clinic
    • Femme Collective / Photography Service / (Bike/Boat/Book/etc) Store
    • The Secret Garden / Tattoo & Piercing Shop
    • The Haunt Salon / Hair Salon / Nail Salon
    • Sixth and Zero / Clothing & Fashion Store

    Property Details for 425 Main St

    Year built
    1919
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property type
    Retail space
    APN
    82-06-30-020-028.015-029
    APU
    820630020028015029

    Description

    This exceptional investment opportunity presents a 10,575 square foot storefront located at 425 Main Street in Evansville, Indiana. The property, built in 1919, boasts a two-story structure situated on a 0.21-acre lot (APN: 82-06-30-020-028.015-029). Currently configured as retail space, this versatile property offers significant potential for a variety of uses, including office space or a café. The asking price is $1,200,000, translating to $113.48 per square foot. The building benefits from prime street frontage on Main Street, ensuring high visibility and significant foot traffic. Its location near the intersection of Main and Fifth Streets provides exceptional access and proximity to the new mixed-use development, The Vault, currently under construction. This nearby development will offer additional residential and commercial space, creating a built-in customer base. Convenient garage parking is also readily available nearby. The property has undergone high-quality renovations and currently houses strong, long-term tenants. This presents a unique chance to acquire a well-maintained, high-traffic commercial property in a rapidly developing area of downtown Evansville.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $943,000
      Market price range: $462k - $1.10M
      AI Estimate
      $752,000
      Market price range: $274k - $1.01M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.5701
    Latitude
    37.9717
    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
    $9,719
    $81,000
    $192,800
    $273,800
    -
    $81,000
    $192,800
    $273,800
    More about this property
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