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    Evansville, IN Strip Malls for Sale

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    Henderson, KY Newburgh, IN Mount Vernon, IN
    Leased Strip Center with Development
    $585,000
    9,760 SF
    Leased Strip Center with Development

    2018 Maxwell Avenue, Evansville, IN 47711

    Fully leased strip center with development opportunity near Highway 41.
    • 100% leased with strong cash flow, providing a stabilized asset for investors.
    • Prime central location with excellent accessibility and visibility, minutes from Highway 41 and Diamond Avenue.
    • Adjacent 0.7‑acre vacant lot offers a rare opportunity for future development or expansion.
    • Long‑term tenants with a weighted average lease term (WALT) of 6.57 years.
    • 9,760 SF steel‑framed strip center built in 2004.
    Updated: Mar 6
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    Fully Leased Strip Center
    $585,000
    9,760 SF
    Fully Leased Strip Center

    2018 Maxwell Avenue, Evansville, IN 47711

    9,760 SF strip center with development opportunity.
    • 100% leased with strong cash flow, a stabilized investment.
    • Prime central location offers excellent accessibility and visibility, close to Highway 41 and Diamond Avenue.
    • Adjacent 0.7‑acre vacant lot offers future development potential.
    • Long‑term tenants with a weighted average lease term (WALT) of 6.57 years.
    • Located near Morgan Avenue retail corridor, surrounded by offices, retail, and apartments.
    Updated: Mar 6
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    Retail Space Near Schnucks Grocery
    Contact for pricing
    73,476 SF
    Retail Space Near Schnucks Grocery

    Outlots available in a 73,476 SF shopping center.

    600 E Boonville New Harmony Rd, Evansville, IN

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Owensboro Retail Strip Center
    $3,500,000
    13,500 SF
    Owensboro Retail Strip Center

    Shadow-anchored strip center with high occupancy and income potential.

    3238 Kidron Valley Way, Owensboro, KY 42301

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    Established Strip Center For Sale
    $1,050,000
    10,200 SF
    Established Strip Center For Sale

    Fully occupied strip center with long-term tenants on W Everly.

    2233 West Everly Brothers Boulevard, Powderly, KY 42367

    View details
    Owensboro Retail Strip Center For Sale
    $3,300,000
    13,500 SF
    Owensboro Retail Strip Center For Sale

    13,500 SF strip center in Owensboro's retail submarket.

    3238 Kidron Valley Way, Owensboro, KY 42303

    View details
    Commercial Strip Center Investment Property
    $199,900
    3,192 SF
    Commercial Strip Center Investment Property

    Commercial strip center in high-traffic Powderly, Kentucky location.

    2111 Robert L Draper Way, Powderly, KY 42367

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Leased Buildings
    $1,700,000
    12,114 SF
    Commercial Land with Leased Buildings

    Land package with six buildings, including leased structures and additional acreage for an operator or investor to evaluate.

    778 E Center, Madisonville, KY 42431

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    Crawford County Land For Sale
    $525,000
    18.00 Acres
    Crawford County Land For Sale

    18 acres of commercial land near I-64 interchange.

    State Road 66, Leavenworth, IN 47137

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    Crawford County Land For Sale
    $525,000
    18.00 Acres
    Crawford County Land For Sale

    18 acres of commercial land near I-64 interchange.

    State Road 66, Leavenworth, IN 47137

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    Prime Commercial Land Opportunity
    $632,000
    0.88 Acres
    Prime Commercial Land Opportunity

    Corner lot suitable for restaurant, car wash, or office building.

    9499 Lewis And Clark Boulevard .88 Acres Corner Lot, St, Louis, MO 63136

    View details

    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
    6,489 SF Lot: 0.56 Acres

    4245 1st Ave, Evansville, IN 47710-3617

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    1021 Hirschland Rd
    SHOPPING CENTER, STRIP CENTER
    34,618 SF Lot: 8.97 Acres
    Estimated value
    $1,050,000

    1021 Hirschland Rd, Evansville, IN 47715-8201

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    5010 Davis Lant Dr
    SHOPPING CENTER, STRIP CENTER
    21,234 SF Lot: 1.55 Acres

    5010 Davis Lant Dr, Evansville, IN 47715-8947

    View details
    501 Main St, Unit 511
    SHOPPING CENTER, STRIP CENTER
    5,000 SF Lot: 0.52 Acres
    Value Estimation by Request
    Unit 511

    501 Main St, Evansville, IN 47711-5441

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    815 Grn Riv Rd
    SHOPPING CENTER, STRIP CENTER
    9,300 SF Lot: 0.69 Acres
    Value Estimation by Request

    815 Grn Riv Rd, Evansville, IN 47715-4105

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    2818 Mt Vernon Ave
    SHOPPING CENTER, STRIP CENTER
    5,725 SF Lot: 0.54 Acres
    Value Estimation by Request

    2818 Mt Vernon Ave, Evansville, IN 47712-6753

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    2804 Mt Vernon Ave, Unit 2806
    SHOPPING CENTER, STRIP CENTER
    4,590 SF Lot: 0.27 Acres
    Value Estimation by Request
    Unit 2806

    2804 Mt Vernon Ave, Evansville, IN 47712-6753

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    6401 Lloyd Expy
    SHOPPING CENTER, STRIP CENTER
    109,983 SF Lot: 27.68 Acres
    Estimated value
    $3,095,000

    6401 Lloyd Expy, Evansville, IN 47715-2796

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    411 Barker Ave
    SHOPPING CENTER, STRIP CENTER
    32,308 SF Lot: 2.00 Acres
    Estimated value
    $590,000

    411 Barker Ave, Evansville, IN 47712-4956

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    4595 University Dr
    SHOPPING CENTER, STRIP CENTER
    28,622 SF Lot: 5.00 Acres
    Estimated value
    $530,000

    4595 University Dr, Evansville, IN 47712-6578

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    2003 Lincoln Ave, Unit 2011
    SHOPPING CENTER, STRIP CENTER
    7,380 SF Lot: 0.23 Acres
    Value Estimation by Request
    Unit 2011

    2003 Lincoln Ave, Evansville, IN 47714-1545

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    2006 Morgan Ave
    SHOPPING CENTER, STRIP CENTER
    14,045 SF Lot: 1.20 Acres
    Value Estimation by Request

    2006 Morgan Ave, Evansville, IN 47711-4310

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    4904 Bellemeade Ave, Unit 4918
    SHOPPING CENTER, STRIP CENTER
    6,400 SF Lot: 0.56 Acres
    Value Estimation by Request
    Unit 4918

    4904 Bellemeade Ave, Evansville, IN 47715-4130

    View details
    724 Burkhardt Rd
    SHOPPING CENTER, STRIP CENTER
    9,392 SF Lot: 0.84 Acres
    Value Estimation by Request

    724 Burkhardt Rd, Evansville, IN 47715-2855

    View details
    4820 Lloyd Expy
    SHOPPING CENTER, STRIP CENTER
    9,640 SF Lot: 1.25 Acres
    Value Estimation by Request

    4820 Lloyd Expy, Evansville, IN 47712-6521

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    2201 Weinbach Ave
    SHOPPING CENTER, STRIP CENTER
    30,600 SF Lot: 5.09 Acres
    Estimated value
    $615,000

    2201 Weinbach Ave, Evansville, IN 47714-4209

    View details
    800 Grn Riv Rd
    SHOPPING CENTER, STRIP CENTER
    185,002 SF Lot: 13.85 Acres
    Estimated value
    $2,080,000

    800 Grn Riv Rd, Evansville, IN 47715-4106

    View details
    777 Grn Riv Rd
    SHOPPING CENTER, STRIP CENTER
    12,241 SF Lot: 0.94 Acres
    Value Estimation by Request

    777 Grn Riv Rd, Evansville, IN 47715-4179

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    1016 Weinbach Ave
    SHOPPING CENTER, STRIP CENTER
    12,884 SF Lot: 1.21 Acres
    Value Estimation by Request

    1016 Weinbach Ave, Evansville, IN 47714-2967

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    700 Sonntag Ave
    SHOPPING CENTER, STRIP CENTER
    33,070 SF Lot: 8.75 Acres
    Estimated value
    $655,000

    700 Sonntag Ave, Evansville, IN 47712-6744

    View details
    737 Park Dr
    SHOPPING CENTER, STRIP CENTER
    4,650 SF Lot: 2.16 Acres
    Value Estimation by Request

    737 Park Dr, Evansville, IN 47710-3654

    View details

    Evansville, IN Strip Malls Investment Opportunities Market Analysis

    Explore 72 strip malls for sale in Evansville, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,520 square feet of properties for sale, with an estimated market value of $1,170,000.

    Sale prices for retail strips in Evansville, IN start at $585,000, averaging $585,000, and reaching up to $585,000 — 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 24
    Automotive properties 9
    Showrooms 5
    Storefront properties 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
    47711 $585K

    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.

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