427 Main St Evansville, IN 47708-1501

Property Details for 427 Main St

Year built

1884

Construction

WOOD

Lot size

0.08 lot acres

Property size

10,296 SF

Property type

Commercial real estate

APN

82-06-30-020-028.016-029

APU

820630020028016029

Description

This exceptional investment opportunity presents a 10,296 square foot mixed-use building at 427 Main Street in Evansville, Indiana. Built in 1884, this two-story property sits on a 0.21-acre lot (APN: 82-06-30-020-028.016-029) and boasts prime street frontage, ensuring high visibility and foot traffic. The asking price is $1,200,000, translating to $116.55 per square foot. The property has undergone high-quality renovations and currently houses strong, long-term tenants in a variety of niche businesses. Its location is ideal, near the intersection of Main and Fifth Streets, directly across from the new mixed-use development, "The Vault," which includes rental apartments and commercial space. This proximity to new development provides a built-in customer base. Convenient garage parking is also nearby. This versatile property is suitable for a range of uses, including retail, office space, or even a café, offering significant potential for growth and return on investment. The property's strong tenant base and prime location make it an attractive opportunity for discerning investors seeking a stable and profitable venture in a thriving downtown area.