312-314 Martin Luther King Jr Blvd - Office FOR SALE


Evansville, IN 47708- Downtown Evansville
$595,000 USD
812-499-8770
312-314 Martin Luther King Jr Blvd, Evansville, IN for Sale
$595,000 USD
Office - FOR SALE
1/16
null | 11.26% Cap Rate

312-314 Martin Luther King Jr Blvd
Evansville, IN 47708
Downtown Evansville


HIGHLIGHTS

  • 15,840 SF office building.
  • 100% occupied.
  • Sticky and long term tenants.
  • Roof replaced in June 2025.
  • Convenient Downtown Location.

OVERVIEW

Introducing a prime investment opportunity in Evansville, Indiana's thriving Downtown area. This 15,840 SF office building has 14 suites, offering a diversified tenant mix and a stable income stream. Built in 1957 and renovated in 2016, this property boasts a solid foundation and modern amenities. Zoned C-4 and currently enjoying 100% occupancy, it presents a high-yielding investment. Don't miss this chance to add a sought after property with a strong rental history to your portfolio. Located on Martin Luther King Jr. Blvd., this location benefits from being centrally located in the city as well as being on the edge of downtown. Ample free on-site parking provided for tenants and clients make this an exceptional option to most downtown office users. Built out with numerous private offices or left open for a modern feel - these suites may be modified to suit tenants needs. Conveniently located 2 blocks from Ford Center, Main Street, and Civic Center.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

11.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

C-4

APN/PARCEL ID

82-06-30-029-037.021-029

ASK ABOUT THIS PROPERTY

Matt KieferSVN | The Martin GroupMore Info
812-499-8770

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Matt KieferSVN | The Martin GroupMore Info
812-499-8770

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