3020 E Morgan Ave - Freestanding FOR SALE


Evansville, IN 47711- East Evansville
$429,900 USD
812-480-5538
3020 E Morgan Ave, Evansville, IN for Sale
$429,900 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

3020 E Morgan Ave
Evansville, IN 47711
East Evansville


HIGHLIGHTS

  • +/- 24,000 vehicles per day exposure
  • Flexible showroom / office / storage space
  • 400-amp electrical service

OVERVIEW

Rare opportunity to acquire a highly improved commercial property along Evansville's busy Morgan Avenue corridor. Offering approximately 4,000 squarefeet, the building features nearly 3,000 square feet of finished showroom and office space complemented by approximately 1,000 square feet of warehouse and storage space. The thoughtfully designed floor plan includes five private offices, spacious showroom and collaborative work areas, and a premium Medallion kitchen display that creates an impressive environment for client meetings, product demonstrations, or employee use. The warehouse area provides convenient operational flexibility with both an exterior overhead door and an oversized interior overhead door connecting directly to the showroom and office areas. Recent capital improvements include twoHVAC systems replaced within the past two years, while the building's 400-amp electrical service supports a wide range of commercial, showroom, and light industrial uses. The rear of the property features a gravel storage yard ideal for contractor equipment, trailers, fleet vehicles, inventory storage, or additional operational needs. Properties offering this level of finish, functionality, and flexibility are increasingly difficult to replicate at today's construction costs. The combination of high-quality office/showroom space, warehouse functionality, excellent visibility from nearly 24,000 vehicles per day, and a strategic East Side location creates an outstanding opportunity for both owner-occupants and investors. Sale is of the property only, not the business.

FOR SALE DETAILS

PRICE

$429,900 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C-4

APN/PARCEL ID

82-06-15-017-013.011-027

ASK ABOUT THIS PROPERTY

Marc Hoeppner@properties IND CommercialMore Info
812-480-5538

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Marc Hoeppner@properties IND CommercialMore Info
812-480-5538

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