1401 N Evans Ave - Warehouse FOR SALE


Evansville, IN 47711- Jacobsville
$1,600,000 USD
812-453-3102
1401 N Evans Ave, Evansville, IN for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

1401 N Evans Ave
Evansville, IN 47711
Jacobsville


HIGHLIGHTS

  • Main Building: ±36,163 SF plus ±2,820 SF mezzanine (built 1963)
  • Warehouse Addition: ±9,900 SF (built 2008)
  • Office Area: ±1,993 SF
  • Electrical: 1,200 amp, 3-phase service
  • Ceiling Heights: 18' in main building, 16' in rear warehouse
  • Concrete aprons, gravel yard, and truck well

OVERVIEW

Positioned in Evansville’s established industrial corridor, this versatile ±46,063 square foot facility offers a rare combination of dock-height access warehouse space and upgraded electric. The property spans two buildings on a 2-acre site, with frontage on N. Evans Avenue and excellent access to utilities and transportation routes. The main building, constructed in 1963, includes approximately 36,163 square feet on the ground floor and an additional 2,820 square feet of mezzanine space. The property also features nearly 2,000 square feet of finished office space with HVAC. Ceilings in this building are 18' with a small section at 26'. A second warehouse building, added in 2008, adds another 9,900 square feet. This building includes a bathroom, 16' ceilings, and the concrete floor is 6" thick reinforced with rebar. The facility is equipped with 1,200 amp, 3-phase electrical service added in 2006 and is sprinkled (main building only). There are a total of eight dock high and four over head doors at grade with drive-in access. The construction is primarily concrete block and steel, with a rubber roof replaced around 1999. The site includes concrete aprons, a gravel yard, and a truck well. Zoned M-3 Heavy Industrial, the property is well-suited for manufacturing, logistics, or flex use This building is located within the Evansville Urban Enterprise Zone, which offers economic development incentives such as notable tax benefits. Businesses in the zone can claim capital investment deductions for projects like building purchases or construction, new equipment, infrastructure upgrades, and repairs or modernization. Qualifying investments may be deducted for up to ten years.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$35 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.91

LAND SF

83,200

ZONING

M-3

APN/PARCEL ID

82-06-20-031-105.001-029

ASK ABOUT THIS PROPERTY

Scott EdmondNAI Prime CommercialMore Info
812-453-3102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Scott EdmondNAI Prime CommercialMore Info
812-453-3102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.