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Executive Summary

Second generation restaurant space just north of W Franklin St on Evansville’s westside.  The building was formerly Lic’s Deli and Ice Cream and could easily be converted to a number of restaurant uses.  All of the existing tables, chairs and remaining restaurant equipment will remain.  There is an existing under counter grease trap in place and a small hood.  There is onsite parking as well as a large drive thru lane with existing drive thru signage still in place.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,656 SF
Building Class
C
Year Built
1977
Price
$310,000
Price Per SF
$187.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.23 AC
Zoning
C-1 - Commercial
Parking
25 Spaces (15.1 Spaces per 1,000 SF Leased)
Frontage
50’ on W Virginia St

Amenities

  • Drive Thru
Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
40/100

Nearby Major Retailers

Fifth Third Bank
German American Bank
Old National Bank
Wesselman's Supermarkets

Property Taxes

Property Taxes

Parcel Number
82-05-24-030-015.011-029
Land Assessment
$46,400
Improvements Assessment
$81,900
Total Assessment
$128,300
  • Listing ID: 41738085

  • Date on Market: 8/13/2026

  • Last Updated:

  • Address: 2311 W Virginia St, Evansville, IN 47712

Contact the Sale Advisor

2311 W Virginia St

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