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5115 Oak Grove Rd
Evansville, IN 47715
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Formerly Reikens Foot Comfort World
  • Two story building ideal of any office, retail, or industrial user.

EXECUTIVE SUMMARY

First floor consists of 12,452 SF including:
- 5 women’s restrooms and 3 mens restrooms
- 1 large retail showroom (former shoe store)
- 3 laboratories (former shoe production)
- 3 stock rooms with 8’ shelving
- 1 freight elevator (5000# capacity)
- 2 overhead doors 10’ tall ground level
- 1 sunken well with 10’ overhead door
- 600 amp 3-phase electric service
- 5000 SF on 1st floor leased to a church (month-to-month) paying $1500/mo. gross.
- Cat5 wiring throughout building
Second floor consists of 9,680SF and contains:
- 1 women’s restroom and 1 men’s restroom
- 8 offices
- 5 classrooms / offices
- 1 kitchenette / breakroom

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,132 SF
Building Class
C
Year Built
1973
Price
$1,376,473 CAD
Price Per SF
$62.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.96
Lot Size
0.53 AC
Zoning
M-2 - General Industrial
Parking
80 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
161’ on Oak Grove Rd

AMENITIES

  • Security System
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-24-017-159.017-027
Land Assessment
$314,069 CAD
Improvements Assessment
$446,382 CAD
Total Assessment
$760,450 CAD
  • Listing ID: 35199573

  • Date on Market: 2025-03-20

  • Last Updated:

  • Address: 5115 Oak Grove Rd, Evansville, IN 47715

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