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100 N First Avenue 801-803 W Indiana St 5,767 SF 100% Leased Retail Building Evansville, IN 47710 $179,000 ($31.04/SF)

Executive Summary
Versatile retail/office building offering outstanding visibility along Evansville’s busy First Avenue corridor. Ideal for owner-users or investors, the property features a flexible layout that can accommodate a wide range of business types, from boutique retail to professional services. Its prominent street presence and easy access make it well-positioned to capture consistent daily traffic.
The building includes a full basement, providing valuable storage or operational support space that enhances long-term usability. Located in an active commercial area surrounded by established businesses and amenities, this property represents a strong acquisition opportunity for those seeking a functional, well-located asset with room to adapt and grow.
Each apartment is leased for $650/mo. First Floor Retail/Office available to lease February 1st.
The building includes a full basement, providing valuable storage or operational support space that enhances long-term usability. Located in an active commercial area surrounded by established businesses and amenities, this property represents a strong acquisition opportunity for those seeking a functional, well-located asset with room to adapt and grow.
Each apartment is leased for $650/mo. First Floor Retail/Office available to lease February 1st.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,767 SF
Building Class
B
Year Built
1928
Price
$179,000
Price Per SF
$31.04
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.65
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C-4
Frontage
35’ on INDIANA ST
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 82-06-19-029-058.015-029 | Improvements Assessment | $86,300 |
| Land Assessment | $5,000 | Total Assessment | $91,300 |
Property Taxes
Parcel Number
82-06-19-029-058.015-029
Land Assessment
$5,000
Improvements Assessment
$86,300
Total Assessment
$91,300
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100 N First Avenue | 801-803 W Indiana St
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