18-20 NW 6th St - Restaurant FOR SALE


Evansville, IN 47708- Downtown Evansville
$875,000 USD
615-796-4076
18-20 NW 6th St, Evansville, IN for Sale
$875,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

18-20 NW 6th St
Evansville, IN 47708
Downtown Evansville


OVERVIEW

Opportunity to purchase a highly visible and well-located historic two-story mixed-use building in the heart of Downtown Evansville. This unique asset offers both immediate income and significant upside for an owner-user or investor. The 1,950 SF second floor has been completely renovated and features a 3-bedroom, 1-bath short-term rental unit operating as The Loft on 6th. The unit has been actively listed on Airbnb for over 7 years, providing an established and proven income stream. The ±5,000 SF ground floor commercial space is currently in shell condition, offering a blank canvas ideal for an owner-operator or for custom build-out to suit a restaurant, bar, or entertainment concept. The property also includes a two-story carriage house located at the rear of the building, featuring a ±400 SF second-floor loft space, providing additional flexibility for office, studio, or auxiliary use. This location is exceptionally well-suited for a restaurant, bar, or live music venue that would benefit from strong event traffic and proximity to the Ford Center and the Victory Theatre. The surrounding synergy with major entertainment venues and downtown attractions creates a rare opportunity to establish a destination concept in Downtown Evansville's Entertainment District. Qualified inquiries only.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

L.E. Long Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1892

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

GC

APN/PARCEL ID

82-06-30-020-033.014-029,82-06-30-020-033.015-029,82-06-30-020-033.016-029,82-06-30-020-033.017-029

ASK ABOUT THIS PROPERTY

Kevin FultonMarket Retail Partners LLCMore Info
615-796-4076

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Kevin FultonMarket Retail Partners LLCMore Info
615-796-4076

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