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Axiom Office Building 215 NW Martin Luther King Jr Blvd

8,274 SF Office Building Evansville, IN 47708 $900,000 ($109/SF)

Investment Highlights

  • Large downtown lot with ample on-site parking
  • Newer updates to roof, windows, asphalt sealing, HVAC, LED lighting

Executive Summary

*Property consists of an attractive 8,274 SF brick office building sitting on 0.54 acres.
*Large lot for the CBD area, includes 36 on-site parking spaces, which is scarce for
downtown Evansville.
*Located in Opportunity Zone
*Newer updates include: roof (5 yrs); windows (3 yrs); asphalt sealing (1 yr); HVAC (1 yr) LED lighting (3 yrs).
***Due to the current business still occupying, showings will need to be after 5:00 or on weekends.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
8,274 SF
Building Class
C
Year Built/Renovated
1962/2020
Price
$900,000
Price Per SF
$109
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,274 SF
Building FAR
0.35
Land Acres
0.54 AC
Opportunity Zone
Yes
Zoning
C-4
Parking
36 Spaces (4.35 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-30-020-047.002-029
Land Assessment
$106,800 (2023)
Improvements Assessment
$154,500 (2023)
Total Assessment
$261,300 (2023)
  • Listing ID: 33804584

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 215 NW Martin Luther King Jr Blvd, Evansville, IN 47708

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