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1401 N Evans Ave 46,063 SF Industrial Building Evansville, IN 47711 $1,600,000 ($34.74/SF)



INVESTMENT HIGHLIGHTS
- Main Building: ±36,163 SF plus ±2,820 SF mezzanine (built 1963)
- Office Area: ±1,993 SF
- Ceiling Heights: 18' in main building, 16' in rear warehouse
- Warehouse Addition: ±9,900 SF (built 2008)
- Electrical: 1,200 amp, 3-phase service
- Concrete aprons, gravel yard, and truck well
EXECUTIVE SUMMARY
Positioned in Evansville’s established industrial corridor, this versatile ±46,063 square foot facility offers a rare combination of dock-height access warehouse space and upgraded electric. The property spans two buildings on a 2-acre site, with frontage on N. Evans Avenue and excellent access to utilities and transportation routes.
The main building, constructed in 1963, includes approximately 36,163 square feet on the ground floor and an additional 2,820 square feet of mezzanine space. The property also features nearly 2,000 square feet of finished office space with HVAC. Ceilings in this building are 18' with a small section at 26'.
A second warehouse building, added in 2008, adds another 9,900 square feet. This building includes a bathroom, 16' ceilings, and the concrete floor is 6" thick reinforced with rebar.
The facility is equipped with 1,200 amp, 3-phase electrical service added in 2006 and is sprinkled (main building only). There are a total of eight dock high and four over head doors at grade with drive-in access. The construction is primarily concrete block and steel, with a rubber roof replaced around 1999.
The site includes concrete aprons, a gravel yard, and a truck well. Zoned M-3 Heavy Industrial, the property is well-suited for manufacturing, logistics, or flex use
This building is located within the Evansville Urban Enterprise Zone, which offers economic development incentives such as notable tax benefits. Businesses in the zone can claim capital investment deductions for projects like building purchases or construction, new equipment, infrastructure upgrades, and repairs or modernization. Qualifying investments may be deducted for up to ten years.
The main building, constructed in 1963, includes approximately 36,163 square feet on the ground floor and an additional 2,820 square feet of mezzanine space. The property also features nearly 2,000 square feet of finished office space with HVAC. Ceilings in this building are 18' with a small section at 26'.
A second warehouse building, added in 2008, adds another 9,900 square feet. This building includes a bathroom, 16' ceilings, and the concrete floor is 6" thick reinforced with rebar.
The facility is equipped with 1,200 amp, 3-phase electrical service added in 2006 and is sprinkled (main building only). There are a total of eight dock high and four over head doors at grade with drive-in access. The construction is primarily concrete block and steel, with a rubber roof replaced around 1999.
The site includes concrete aprons, a gravel yard, and a truck well. Zoned M-3 Heavy Industrial, the property is well-suited for manufacturing, logistics, or flex use
This building is located within the Evansville Urban Enterprise Zone, which offers economic development incentives such as notable tax benefits. Businesses in the zone can claim capital investment deductions for projects like building purchases or construction, new equipment, infrastructure upgrades, and repairs or modernization. Qualifying investments may be deducted for up to ten years.
PROPERTY FACTS
| Price | $1,600,000 | Rentable Building Area | 46,063 SF |
| Price Per SF | $34.74 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1963/2008 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 8 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.91 AC | ||
| Zoning | M-3 | ||
| Price | $1,600,000 |
| Price Per SF | $34.74 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.91 AC |
| Rentable Building Area | 46,063 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2008 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M-3 |
AMENITIES
- Fenced Lot
- Mezzanine
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $556,500 | |
| Land Assessment | $79,200 | Total Assessment | $635,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$79,200
Improvements Assessment
$556,500
Total Assessment
$635,700
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1401 N Evans Ave
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