Active

163 S Third Avenue

Evansville IN, 47708

$800,000


$58.80 per sqft

Active

13,606 sqft

Commercial

Built in 1950

Courtesy of KELLER WILLIAMS CAPITAL REALTY, Andros L'Grand, Cell: 812-270-8747

This exceptional 13,606 sq. ft. property, located in Evansville's thriving Central Business District and zoned C-3, offers unparalleled potential for mixed-use development or low-impact commercial ventures. The 12,106 sq. ft. warehouse boasts an open layout with 15-foot ceilings, a durable brick exterior, and a prime location, making it ideally suited for conversion into retail shops, coworking spaces, boutique storage, or other adaptive reuse projects. Its central position in downtown Evansville provides excellent accessibility and aesthetic appeal, ensuring strong alignment with the area's growing demand for versatile commercial spaces. Complementing the warehouse is The Little Room, a thoughtfully designed 1,500 sq. ft. event space that enhances the property's appeal. With high ceilings, abundant natural light, and a flexible layout, this modern venue is perfect for hosting gatherings, workshops, or community events. Together, these spaces offer a rare investment opportunity in a region experiencing robust economic growth, making this property a standout option for buyers looking to capitalize on the future of downtown Evansville.

202446997

MLS ID

February 26, 2025

Updated

Interior Features

Total Stories

1


Interior Features

Concrete, Unfinished


Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Multiple Cooling Units


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.56 Acres


Roof

Flat


Sewer

Public

School Information

School District

City

Other Property Details

Area Name

Vanderburgh County


Taxes

$6,560


Tax Frequency

Annually


Days on Market

76


Garage

No


View

No


Municipality

Pigeon


Zoning

None

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Realty Collective shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.  

©2025 Indiana Regional MLS. All rights reserved.

Data last updated 8:26 PM UTC, 2/26/2025

Powered byLuxury Presence