Historic Building In The Promise and Opportunity Zone

Office for Sale
Catylist Listing ID: 30434577
Property Subtypes: Executive Suites, Governmental, Institutional, Mixed Use, Office Building, Other
Building Size (RSF): 20,374 SF
Gross Building Area: See Agent
Sale Price: $655,000
Unit Price: $32.15 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2022

Overview / Comments

Historic Building in the burgeoning Norco District
Building area is 20,374 SF (not including finished basement space)
Situated on a +/- 1.17 acre, M-2 zoned lot with paved parking for approx. 32 vehicles
Eleven private offices, plus 3,794 SF of convertible space (former studio area) on the first floor
Elevator and two sets of stairs access each floor
Satellite Dishes and Radio Tower have been removed from property
Located in the Promise Zone and Opportunity Zone
Property Taxes: To be updated
$ 655,000 Sale Price
$7 / SF / Yr NNN Lease Rate based on 16,522 SF (1st & 2nd Floor) Single Tenant Occupancy Only

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-30-029-012.001-029
Zoning: M-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,668 71,608 129,020
Median Age: 41.45 36.51 37.71
Households: 3,537 29,719 54,952
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