Investment Overview

Marcus & Millichap has been exclusively selected to offer for sale the fee simple interest in this mixed-use property in Evansville, Indiana. This property is located in the downtown corridor of Evansville surrounded by additional retail, hospitality, corporate offices, entertainment venues, and mixed-use developments. The property was previously a multi-level clothing store. Current tenants include retail, office, and apartment suite.

The property consists of a 0.21-acre parcel improved with a 22,673 square foot building located in an Opportunity Zone. An additional 1,000 sf is available in the basement for storage. The trade area is a consistent urban retail corridor with newly constructed multi-family homes, additional schools and businesses such as the Ford Center Arena, Indiana University School of Medicine-Evansville, Old National Bank, Childrens Museum of Evansville, and Tropicana Casino to name a few. Average daily traffic counts exceed over 18,600 vehicles on SE Riverside Drive. There are over 122,000 residents within a Five-Mile radius of the property.