Sold
Last Sold Price
0.5 baths

427 Main St, Evansville, IN 47708

Mixed UseProperty Type
0.08 acresLot Size
1884Year Built

Description

This is a great time to realize an exceptional investment and business opportunity in the heart of downtown Evansville, Indiana. This versatile commercial property offers prime street frontage on Main Street, ensuring high visibility and foot traffic. Whether you were looking to continue having an urban retail tenant, office space, trendy Café, or continue a lucrative Airbnb or two, this property provides the perfect setting for your business to thrive. The owner has taken on all the hard work with...This is a great time to realize an exceptional investment and business opportunity in the heart of downtown Evansville, Indiana. This versatile commercial property offers prime street frontage on Main Street, ensuring high visibility and foot traffic. Whether you were looking to continue having an urban retail tenant, office space, trendy Café, or continue a lucrative Airbnb or two, this property provides the perfect setting for your business to thrive. The owner has taken on all the hard work with top quality renovations, and found strong & qualified, long-term tenants, and trendy niche businesses to start growing your investment. Location is prime. Near the intersection of Main and fifth, this building is directly across from the new mixed- use development, The Vault, which is under construction, and will include rental apartments and commercial space. All this development close by will be a built-in audience to your businesses. Easy and convenient garage parking nearby.
  • Listed by: Melinda Counter • Berkshire Hathaway HomeServices Indiana Realty
Listing closed: 11/21/2024 11:00 PM • Source: Indiana Regional MLS, MLS#: 202428025
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Location

Listing Courtesy of Berkshire Hathaway HomeServices Indiana Realty

Sold By KELLER WILLIAMS CAPITAL REALTY

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$5,753 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,250

Property Taxes

$502

HOA Dues

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Property Information for 427 Main Street

Property Details

  • Taxes: $6,026 / year
  • MLS Type: Commercial / Mixed Use
  • Subdivision: None
  • Waterfront: No

Building Information

  • Stories: 2
  • Year Built: 1884
  • Lot Size: 0.08 AC / 3,485 SF

Summary

Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47708
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Road Access: City
  • Fips Code: 18163
  • Directions To Property: Lloyd, South on Riverside Dr, East on Main St, Building on the Right between 3rd and 4th
Taxes and HOA
  • Annual Taxes: $6,026
  • Year Taxes Payable: 2024
  • Parcel Number Id: 82-06-30-020-028.016-029
Parking
  • Parking: Off Site, Public

Property

Lot Information
  • Class: COMMERCIAL
  • Property Subtype: Mixed Use
  • Approx Lot Size Acres: 0.08
  • Lot Dimensions: 24 x 144
  • Approx Lot Size Sqft: 3485.0
Property and Assessments
  • New Construction: No
  • Year Built: 1884
  • Age: 140
  • Documents Available: Legal Description, Rent Roll
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City

Interior and Exterior Features

Exterior Features
  • Exterior: Brick
  • Platted: Yes
  • Roof Material: Rolled
Interior Features
  • Basement: Yes
  • Basement/Foundation: Full Basement, Unfinished
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Concrete, Laminate
  • Heating/Fuel: Gas
  • Stories: 2

Multi Family

Multi-Family Information
  • Number of Buildings: 1

Property History for 427 Main Street

DateEvent & SourcePriceAppreciation
Nov 21, 2024

Sold

Indiana Regional MLS #202428025

$983,500—
Oct 22, 2024

Pending

Indiana Regional MLS #202428025

—
Jul 25, 2024

Listed (Active)

Indiana Regional MLS #202428025

$1,200,000—
DateEvent & SourcePrice
11/21/2024

Sold

Indiana Regional MLS #202428025

$983,500
10/22/2024

Pending

Indiana Regional MLS #202428025

—
07/25/2024

Listed (Active)

Indiana Regional MLS #202428025

$1,200,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

427 Main Street

Total Finished SqFt

10,296 SqFt

Above Grade Finished SqFt

10,296 SqFt

Stories

3

Lot Size

3,600 SqFt

Style

Miscellaneous Commercial

Year Built

1884

Schools near 427 Main Street

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Tekoppel Elementary School
PublicK to 5

Helfrich Park Stem Academy
Public6 to 8

Francis Joseph Reitz High School
Public9 to 12

EVSC Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Berkshire Hathaway HomeServices Indiana Realty

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.