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Bauer Building 621 N Main St

6,776 SF 100% Leased Retail Building Evansville, IN 47711 £422,655 (£62/SF) 9.16% Net Initial Yield

Investment Highlights

  • Mixed-Use Investment Property
  • Opportunity Zone & TIF District
  • Redevelopment Area

Executive Summary

* Mixed-Use Investment Property, consisting of 3
commercial tenants & 3 residential apartment
tenants
* Located along the N. Main Street Revitalization
Corridor in the Jacobsville Redevelopment
Area, recently consisting of $15MM in
improvements
* Neighborhood consists of nice mix of retail,
office and residential
* Opportunity Zone & TIF District
* On-site parking, which is scarce in the area

Attachments

2420 - Main St, 621 N. Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,776 SF
Building Class
C
Year Built/Renovated
1909/2023
Price
£422,655
Price Per SF
£62
Net Initial Yield
9.16%
NOI
£38,715
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.94
Land Acres
0.08 AC
Zoning
C-4 - Commercial
Parking
6 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
180 ft on Main St.
1 of 1
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 82-06-20-025-011.001-029 Improvements Assessment £112,023
Land Assessment £10,112 Total Assessment £122,136

PROPERTY TAXES

Parcel Number
82-06-20-025-011.001-029
Land Assessment
£10,112
Improvements Assessment
£112,023
Total Assessment
£122,136
(812) 474-1900 x106

  • Listing ID: 33931961

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 621 N Main St, Evansville, IN 47711

The Retail Property at 621 N Main St, Evansville, IN 47711 is currently available For Sale. Contact Woodward Commercial Realty for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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621 N Main St, Evansville, IN for sale Building Photo- Image 1 of 5
2420 - Main St, 621 N (1)
621 N Main St, Evansville, IN for sale Building Photo- Image 2 of 5
2420 - Main St, 621 N (2)
621 N Main St, Evansville, IN for sale Building Photo- Image 3 of 5
2420 - Main St, 621 N (3)
621 N Main St, Evansville, IN for sale Building Photo- Image 4 of 5
2420 - Main St, 621 N (4)

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© 2024 CoStar Group

Bauer Building | 621 N Main St
(812) 474-1900 x 106

Bauer Building | 621 N Main St

1/2

Chris Jackson, CCIM, SIOR

(812) 474-1900

x106

(812) 474-1900 x106

Christy Vondersaar

(812) 474-1900

(812) 474-1900

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