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1317 N Main St 1313 N Main St 10,928 SF 100% Leased Retail Building Evansville, IN 47711 $1,329,288 CAD ($121.64 CAD/SF) 7.53% Cap Rate



Executive Summary
Showing by Appointment Only! Contact Broker.
Unique opportunity with this commercial building located on a city block in the heart of the Jacobsville Revitalization Project. Situated between W Florida and Tennessee streets, the property optimizes access to the $1.7 million North Main Streetscape Project which included; new paving, gutters, sidewalks, dedicated bike paths, and improved signage and landscaping.
Ideal frontage on Main Street which acts as the thoroughfare for local and regional traffic to beautiful Downtown Evansville and the $30 million Deaconess Aquatics Center located in Garvin Park.
Capital Improvements:
2025- New Roof
2024- Concrete surfacing in warehouse 2021- Building completely rehabbed in with updates and renovations for new daycare.
Unique opportunity with this commercial building located on a city block in the heart of the Jacobsville Revitalization Project. Situated between W Florida and Tennessee streets, the property optimizes access to the $1.7 million North Main Streetscape Project which included; new paving, gutters, sidewalks, dedicated bike paths, and improved signage and landscaping.
Ideal frontage on Main Street which acts as the thoroughfare for local and regional traffic to beautiful Downtown Evansville and the $30 million Deaconess Aquatics Center located in Garvin Park.
Capital Improvements:
2025- New Roof
2024- Concrete surfacing in warehouse 2021- Building completely rehabbed in with updates and renovations for new daycare.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,928 SF
Building Class
C
Year Built
1949
Price
$1,329,288 CAD
Price Per SF
$121.64 CAD
Cap Rate
7.53%
NOI
$100,046 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.83 AC
Zoning
C-4 - General commercial zoning for various business activities.
Frontage
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 82-06-20-026-063.001-029 | Improvements Assessment | $235,090 CAD |
| Land Assessment | $99,656 CAD | Total Assessment | $334,747 CAD |
Property Taxes
Parcel Number
82-06-20-026-063.001-029
Land Assessment
$99,656 CAD
Improvements Assessment
$235,090 CAD
Total Assessment
$334,747 CAD
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1317 N Main St | 1313 N Main St
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