950 Parrett St 956 Evansville, IN 47713
This exceptional 11,286 square foot restaurant space is available for sale at $950,000. Located at 950-956 Parrett Street in Evansville, Indiana, this property boasts a prime location in the heart of the city's vibrant arts district. The property is currently vacant, presenting a unique opportunity for a new restaurant concept or an established business seeking expansion. The building is categorized as retail, with a specific subtype of restaurant. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. The property's APN is 82-06-29-021-084.001-029. Situated in Vanderburgh County, Indiana, with a zip code of 47713, this property offers excellent visibility and accessibility. Its central location within the arts district provides a unique atmosphere and potential for attracting a diverse clientele. The substantial square footage allows for ample space for dining, kitchen operations, and additional amenities. This is an exceptional opportunity to acquire a well-situated property in a thriving area of Evansville. Serious inquiries only.
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Fidel's Bourbon & Cigar Bar Bar & Pub
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
No recorded transactions found for this property.
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.