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L.E. Long Building 18-20 NW 6th St 7,830 SF Retail Building Evansville, IN 47708 $875,000 ($111.75/SF)



Executive Summary
Opportunity to purchase a highly visible and well-located historic two-story mixed-use building in the heart of Downtown Evansville. This unique asset offers both immediate income and significant upside for an owner-user or investor.
The 1,950 SF second floor has been completely renovated and features a 3-bedroom, 1-bath short-term rental unit operating as The Loft on 6th. The unit has been actively listed on Airbnb for over 7 years, providing an established and proven income stream.
The ±5,000 SF ground floor commercial space is currently in shell condition, offering a blank canvas ideal for an owner-operator or for custom build-out to suit a restaurant, bar, or entertainment concept.
The property also includes a two-story carriage house located at the rear of the building, featuring a ±400 SF second-floor loft space, providing additional flexibility for office, studio, or auxiliary use.
This location is exceptionally well-suited for a restaurant, bar, or live music venue that would benefit from strong event traffic and proximity to the Ford Center and the Victory Theatre. The surrounding synergy with major entertainment venues and downtown attractions creates a rare opportunity to establish a destination concept in Downtown Evansville's Entertainment District.
Qualified inquiries only.
The 1,950 SF second floor has been completely renovated and features a 3-bedroom, 1-bath short-term rental unit operating as The Loft on 6th. The unit has been actively listed on Airbnb for over 7 years, providing an established and proven income stream.
The ±5,000 SF ground floor commercial space is currently in shell condition, offering a blank canvas ideal for an owner-operator or for custom build-out to suit a restaurant, bar, or entertainment concept.
The property also includes a two-story carriage house located at the rear of the building, featuring a ±400 SF second-floor loft space, providing additional flexibility for office, studio, or auxiliary use.
This location is exceptionally well-suited for a restaurant, bar, or live music venue that would benefit from strong event traffic and proximity to the Ford Center and the Victory Theatre. The surrounding synergy with major entertainment venues and downtown attractions creates a rare opportunity to establish a destination concept in Downtown Evansville's Entertainment District.
Qualified inquiries only.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,830 SF
Building Class
C
Year Built/Renovated
1892/2021
Price
$875,000
Price Per SF
$111.75
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.28
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Ground floor commercial space located across from the Ford Center and Victory Theater that is ideal for a restaurant and/or bar.
| Space | Size | Space Use | Position | Available |
| Space 1 | 4,840 SF | Retail | In-Line | Now |
Space 1
| Size |
| 4,840 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Space 1
| Size | 4,840 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Ground floor commercial space located across from the Ford Center and Victory Theater that is ideal for a restaurant and/or bar.
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $636,400 | |
| Land Assessment | $189,200 | Total Assessment | $825,600 |
Property Taxes
Parcel Numbers
Land Assessment
$189,200
Improvements Assessment
$636,400
Total Assessment
$825,600
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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L.E. Long Building | 18-20 NW 6th St
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