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4004 E Morgan Ave

16,380 SF Office Building Evansville, IN 47715 £1,096,710 (£67/SF)

Investment Highlights

  • One Dock Door - 22' high
  • New EPDM Roof in 2024
  • Fiber Phone and Internet Access

Executive Summary

Immaculately maintained and professionally managed two story Class B office building on Evansville's Eastside. The property comes with monument signage and has a warehouse with a receiving dock that occupies the west 3,297 SF with a full-height 22’ ceiling. This property has fiber phone and internet access with AT&T. The parking lot was resurfaced in 2019 and property sign was converted to LED lighting in 2022.
2023 Gross Operating Income over $200,000 when Fully Leased. One vacancy available of 2,592 SF.
Financial and lease information available by signed confidentiality agreement.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
16,380 SF
Building Class
B
Year Built
1977
Price
£1,096,710
Price Per SF
£67
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
9,940 SF
Building FAR
0.31
Land Acres
1.20 AC
Zoning
C-1

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200
  • 2,592 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
2nd Fl-Ste 200 2,592 SF Office - Now

2nd Fl-Ste 200

Size
2,592 SF
Space Use
Office
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-14-017-146.003-027
Land Assessment
£123,795
Improvements Assessment
£466,659
Total Assessment
£590,453
  • Listing ID: 32137133

  • Date on Market: 14/06/2024

  • Last Updated:

  • Address: 4004 E Morgan Ave, Evansville, IN 47715

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