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$550,000
Est. payment /mo
1.09 Acres Lot
Pending
2227 W Michigan Street Evansville, IN 47712
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UPDATED:
12/10/2024 05:18 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 202434075
Year Built 1900
Annual Tax Amount $21,755
Tax Year 2024
Lot Size 1.090 Acres
Property Description
This expansive two-story mixed-use property spans nearly an entire city block and offers a prime investment opportunity. Boasting 52,400 sq. ft. and located on 1.09 acres, the property includes a gymnasium, theater, chapel, and industrial-grade kitchen. Positioned near key employers such as Deaconess Hospital, the University of Southern Indiana, and Mead Johnson, it provides immediate access to retail, healthcare, and educational markets. Listed at $550,000 with an assessed value of $1,313,200, it offers a rare $763,200 in instant equity.
Location
State IN
County Vanderburgh County
Area Vanderburgh County
Zoning C-1 Light Commercial
Direction West on Franklin St., North on Michigan St., Property on Right
Interior
Flooring Concrete, Other, Tile
Appliance Building, Furniture, Lease
Laundry , 50
Exterior
Roof Type Asphalt,Flat
Total Parking Spaces 50
Building
Story 2
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Andros L'Grand • KELLER WILLIAMS CAPITAL REALTY • Cell: 812-270-8747
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