Attractive office building near downtown
Listing was updated at: 04/17/2019
Property Overview
Price/Rent PSF $ 199,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 4,398
Date Available 04/17/2019
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Parking 25
Floors 1
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Description

Location
Located approximately 2/10ths of a mile North of the Lloyd Expressway on N Main Street. 315 N Main is conveniently located close to downtown with easy assess to the expressway. Major employers in the area include Vectren, Berry Global, and Old National Bank.

Sale
BIG PRICE DROP - Fully leased office building located along N Main Street with a private parking lot. Current tenant has been in place since 2007 with the current lease running through July 2020. Tenant pays property taxes, insurance, utilities, and maintenance subject to a cap on roof and HVAC expenses.

This building offers a mix of private offices, an open area with cubicles, conference room, three restrooms, supply/storage areas and a break room. There is a private parking lot in the rear, and the sale includes another parcel at 9 E Michigan that together provides approximately 25 +/- parking spaces.

This is a unique opportunity for an investor or office user to acquire Class B office space just north of Downtown. This is an area where the City of Evansville just completed a $16.7M capital improvement project (completed late 2017) to its streets and infrastructure that is expected to increase property values, attract new businesses and additional private development in one of the most culturally significant parts of the City.

Location