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    Evansville, IN
    Shopping Center

    Evansville, IN Shopping Centers for Sale

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    6 properties
    North Park Shopping Center Suites
    Updated: Mar 6
    North Park Shopping Center Suites

    4400 North First Avenue, Evansville, IN 47710

    Contact for pricing
    9,000 sqft
    High‑traffic location on First Avenue with 20,800 ADT and 1.8 million annual visitors.
    Strong co‑tenants including Ruler Foods, CVS, Deaconess, and Starbucks.
    Flexible leasing opportunities with multiple suite sizes available (1,100 SF to 9,000 SF).
    Located in a dense residential and institutional area.
    Easy access, ample parking, and exceptional visibility.
    View details
    High-Traffic Retail Destination
    Updated: Nov 21, 2025
    High-Traffic Retail Destination

    4400 North First Avenue, Evansville, IN 47710

    Contact for pricing
    176,197 sqft
    High‑traffic location on First Avenue with 20,800 average daily trips and 1.8 million annual visitors.
    Strong co‑tenancy with national and regional anchors.
    Flexible leasing opportunities with suites ranging from 1,100 SF to 9,000 SF.
    Prime location in a dense residential and institutional corridor.
    Former restaurant space available with existing kitchen equipment.
    View details
    Commercial Land with Retail Improvements
    Commercial Land with Retail Improvements

    4500 University Drive, Evansville, IN 47712

    $3,290,000

    The property includes existing infrastructure and in-line shops within Evansville’s west-side retail district.

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    See hot listings in Evansville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Two-Tenant Neighborhood Strip Mall
    Two-Tenant Neighborhood Strip Mall

    301-303 N Green River Rd, Evansville, IN 47715

    $1,850,000

    Fully leased retail center with NNN agreements and signalized access to the Lloyd Expressway.

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    Shopping Center Portfolio with Billboard
    Shopping Center Portfolio with Billboard

    1320 Vann Avenue, Evansville, IN 47714

    Contact for pricing
    4.63 AC lot

    Multi-parcel retail portfolio combining occupied buildings, a vacant former tire-service facility, and dedicated access and parking land.

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    Retail Shopping Center For Sale
    Retail Shopping Center For Sale

    6432 - 6434 E. Florida St, Evansville, IN 47715

    Contact for pricing

    Highly visible retail shopping center in a strong retail corridor.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Shopping Center with Anchors
    Multi-Tenant Shopping Center with Anchors

    535 Whittington Dr, Madisonville, KY 42431

    Contact for pricing
    71,791 sqft

    Fee simple shopping center is 100% leased and anchored by major retailers including Bealls, Five Below, Marshalls, and end-cap Hobby Lobby.

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    Madisonville Town Center Retail Space
    Madisonville Town Center Retail Space

    575 Whittington Dr, Madisonville, KY 42431

    Contact for pricing
    71,791 sqft

    Retail space in high-traffic area near Kroger and Lowe’s.

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    Grocery-Anchored Retail Center
    Grocery-Anchored Retail Center

    3370 3396 Hayden Road, Owensboro, KY 42303

    Contact for pricing

    New construction includes small-shop suites and two retail outparcels along Hayden Road.

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    Shopping Center with Publix Anchor
    Shopping Center with Publix Anchor

    2808 W Parrish Ave, Owensboro, KY 42301

    Contact for pricing

    Small-shop suites and two outparcel sites offer options for retail, restaurant, medical, and service businesses.

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    Off-Market Properties in Evansville, IN

    Consider similar Off-Market properties in Evansville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4245 1st Ave
    SHOPPING CENTER, STRIP CENTER

    4245 1st Ave, Evansville, IN 47710-3617

    Estimated value:
    $280,000
    6,489 sqft 0.56 AC lot
    View details
    1250 Grn Riv Rd
    REGIONAL SHOPPING CENTER, MALL

    1250 Grn Riv Rd, Evansville, IN 47715-6806

    Estimated value:
    $670,000
    139,152 sqft 4.14 AC lot
    View details
    1021 Hirschland Rd
    SHOPPING CENTER, STRIP CENTER

    1021 Hirschland Rd, Evansville, IN 47715-8201

    Estimated value:
    $1,050,000
    34,618 sqft 8.97 AC lot
    View details
    5010 Davis Lant Dr
    SHOPPING CENTER, STRIP CENTER

    5010 Davis Lant Dr, Evansville, IN 47715-8947

    Estimated value:
    $535,000
    21,234 sqft 1.55 AC lot
    View details
    501 Main St, Unit 511
    SHOPPING CENTER, STRIP CENTER

    501 Main St, Evansville, IN 47711-5441

    Unit 511
    Estimated value:
    $285,000
    5,000 sqft 0.52 AC lot
    View details
    815 Grn Riv Rd
    SHOPPING CENTER, STRIP CENTER

    815 Grn Riv Rd, Evansville, IN 47715-4105

    Estimated value:
    $285,000
    9,300 sqft 0.69 AC lot
    View details
    2818 Mt Vernon Ave
    SHOPPING CENTER, STRIP CENTER

    2818 Mt Vernon Ave, Evansville, IN 47712-6753

    Estimated value:
    $270,000
    5,725 sqft 0.54 AC lot
    View details
    2804 Mt Vernon Ave, Unit 2806
    SHOPPING CENTER, STRIP CENTER

    2804 Mt Vernon Ave, Evansville, IN 47712-6753

    Unit 2806
    Estimated value:
    $270,000
    4,590 sqft 0.27 AC lot
    View details
    6625 Lloyd Expy
    WHOLESALE OUTLET, DISCOUNT STORE

    6625 Lloyd Expy, Evansville, IN 47715-2757

    Estimated value:
    $8,305,000
    143,846 sqft 11.09 AC lot
    View details
    200 Rosenberger Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    200 Rosenberger Ave, Evansville, IN 47712-6600

    Estimated value:
    $1,930,000
    28,350 sqft 4.07 AC lot
    View details
    6401 Lloyd Expy
    SHOPPING CENTER, STRIP CENTER

    6401 Lloyd Expy, Evansville, IN 47715-2796

    Estimated value:
    $3,095,000
    109,983 sqft 27.68 AC lot
    View details
    411 Barker Ave
    SHOPPING CENTER, STRIP CENTER

    411 Barker Ave, Evansville, IN 47712-4956

    Estimated value:
    $540,000
    32,308 sqft 2.00 AC lot
    View details
    4595 University Dr
    SHOPPING CENTER, STRIP CENTER

    4595 University Dr, Evansville, IN 47712-6578

    Estimated value:
    $490,000
    28,622 sqft 5.00 AC lot
    View details
    2003 Lincoln Ave, Unit 2011
    SHOPPING CENTER, STRIP CENTER

    2003 Lincoln Ave, Evansville, IN 47714-1545

    Unit 2011
    Estimated value:
    $255,000
    7,380 sqft 0.23 AC lot
    View details
    2006 Morgan Ave
    SHOPPING CENTER, STRIP CENTER

    2006 Morgan Ave, Evansville, IN 47711-4310

    Estimated value:
    $320,000
    14,045 sqft 1.20 AC lot
    View details
    4904 Bellemeade Ave, Unit 4918
    SHOPPING CENTER, STRIP CENTER

    4904 Bellemeade Ave, Evansville, IN 47715-4130

    Unit 4918
    Estimated value:
    $255,000
    6,400 sqft 0.56 AC lot
    View details
    724 Burkhardt Rd
    SHOPPING CENTER, STRIP CENTER

    724 Burkhardt Rd, Evansville, IN 47715-2855

    Estimated value:
    $400,000
    9,392 sqft 0.84 AC lot
    View details
    4820 Lloyd Expy
    SHOPPING CENTER, STRIP CENTER

    4820 Lloyd Expy, Evansville, IN 47712-6521

    Estimated value:
    $255,000
    9,640 sqft 1.25 AC lot
    View details

    Evansville, IN Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Evansville, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 185,197 square feet of properties for sale, with an estimated market value of $5,140,000.

    Sale prices for plazas in Evansville, IN start at $1,850,000, averaging $2,570,000, and reaching up to $3,290,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 29
    Storefront properties 13
    Automotive properties 8
    Showrooms 5
    Auto shops 4

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47715 $925K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vanderburgh County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Evansville, IN

    • 47710
    • 47715
    • 47712
    • 47714

    Featured Evansville Real Estate Agencies

    Realmo connects you with licensed Evansville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Indiana Realty
    4111 Washington Avenue Evansville, IN 47714
    Phone: 18124550370
    www.bhhsinevansville.com/
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