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Investment Highlights

  • New HVAC, Newer Roof/Renovations
  • Includes adjacent lot
  • Great opportunity for owner occupied user with 2 additional tenants

Executive Summary

Historic charm. Prominent location. Flexible commercial potential. One exceptional opportunity on West Franklin Street.
Located along the historic and increasingly revitalized West Franklin St. corridor, this recently remodeled Retail/Office property offers a combination of historic
charm, functional space and redevelopment potential. The 2-story building occupies a prominent location at the corner of West Franklin and Fourth Street in
Evansville's Lamasco area. Existing configurations provide opportunities for multiple suites or an owner-user with additional tenant or income-producing
space. The sale includes adjacent lot (.10 acres) which could be used for 10 parking spaces. Currently the property has 2 tenants with photography studio (suite
102) and a tattoo studio (suite 201).
-2013 - New Roof
-2019 - Suite 101 fully renovated
-2021 - Suite 102 fully renovated
-2022 - Suite 201 HVAC replaced

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,978 SF
Building Class
B
Year Built
1909
Price
$470,944 CAD
Price Per SF
$59.03 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.66
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C-4
Frontage
44’ on Franklin St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 100
  • 2,375 SF
  • Office
  • -
  • Now

Beautiful property located on desirable west side. * Landlord will consider Tenant Improvements as part of the lease. * Water/Sewer/Trash Included * See Attached Floorplan

  • 202
  • 2,035 SF
  • Retail
  • Outparcel
  • Now
Space Size Space Use Position Available
100 2,375 SF Office - Now
202 2,035 SF Retail Outparcel Now

100

Size
2,375 SF
Space Use
Office
Position
-
Available
Now

202

Size
2,035 SF
Space Use
Retail
Position
Outparcel
Available
Now

100

Size 2,375 SF
Space Use Office
Position -
Available Now

Beautiful property located on desirable west side. * Landlord will consider Tenant Improvements as part of the lease. * Water/Sewer/Trash Included * See Attached Floorplan

Moderately walkable
60/100
Moderately drivable
70/100
Fairly bikeable
50/100

Nearby Major Retailers

Hacienda
Old National Bank
German American Bank
Fifth Third Insurance

Property Taxes

Property Taxes

Parcel Number
82-06-19-029-072.017-029
Land Assessment
$12,743 CAD
Improvements Assessment
$237,827 CAD
Total Assessment
$250,570 CAD
  • Listing ID: 32836344

  • Date on Market: 2024-08-16

  • Last Updated:

  • Address: 1033-1035 W Franklin St, Evansville, IN 47710

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