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401-409 Main St
Evansville, IN 47708
Stratman's · Retail Property For Sale

Executive Summary

Prime Downtown Corner Location at 4th and Main Street.  One block from Indiana University School of Medicine campus at the Stone Family Center for Health Sciences.  Ideal restaurant or retail location.  New residential apartments under construction across the street.  Grease trap and drive thru window.  Space is sprinklered throughout.  5 luxury apartments upstairs all rented and separately metered. 13,000 square feet of vacant retail on first floor and full basement.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
35,612 SF
Building Class
C
Year Built
1944
Price
$1,799,000
Price Per SF
$50.52
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
C-3
Frontage
206’ on 4th St

Property Taxes

Property Taxes

Parcel Number
82-06-30-020-028.006-029
Land Assessment
$123,100
Improvements Assessment
$445,800
Total Assessment
$568,900
  • Listing ID: 37109775

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 401-409 Main St, Evansville, IN 47708

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