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615 W Virginia St 35,010 SF Office Building Evansville, IN 47710 $2,500,000 ($71.41/SF)

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INVESTMENT HIGHLIGHTS

  • Attaches to campus of Deaconess Hospital

EXECUTIVE SUMMARY

Property consists of an office facility with 32,790 SF on the main level and approximately 2,220 SF penthouse area, thus bringing the total gross building area to
35,010 SF. The land consists of 3 lots totaling 2.32 acres, with 2 of the lots located across the street providing for surface parking.
This property is located in the Midtown area of Evansville, IN, and attaches to the campus of Deaconess Hospital. Centrally located, this property is easily
accessible to SR 62 (Lloyd Expressway), US 41 and I-69.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
35,010 SF
Building Class
B
Year Built/Renovated
1974/2008
Price
$2,500,000
Price Per SF
$71.41
Tenancy
Single
Building Height
1 Story
Typical Floor Size
35,010 SF
Building FAR
0.51
Lot Size
1.59 AC
Opportunity Zone
Yes
Zoning
R-4
Parking
97 Spaces (2.77 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Health Care and Social Assistance
  • -
  • -
  • -

The Arc of Evansville was founded in 1954 by a group of parents who were frustrated with the lack of services available in the community for their children with disabilities. The founding group of parents created The Arc of Evansville, formerly known as Evansville ARC, to give their children opportunities to learn and grow in a safe environment, while focusing on their special needs. Since then, their agency has become a leading advocate for the rights of individuals with disabilities. Their innovative services range from training and supports for employment, transition services from high school to adult life, and volunteer opportunities in the community.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Health Care and Social Assistance - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 82-06-19-026-009.007-029
  • 82-06-19-026-010.005-029
  • 82-06-19-026-009.012-029
Land Assessment
$201,700
Improvements Assessment
$728,700
Total Assessment
$930,400
  • Listing ID: 34714828

  • Date on Market: 2/4/2025

  • Last Updated:

  • Address: 615 W Virginia St, Evansville, IN 47710

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