528 Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
528 Main St
43,544 SF Retail Building Evansville, IN 47708 $2,683,000 ($62/SF)
Investment Highlights
- Potential for conversion to residential on upper floors
- 1904 Beaux Arts architectural style
- National Register of Historic Buildings
- 64-space surface parking lot
Executive Summary
Now available, the historic and beautiful beaux arts American Trust Building, located in the heart of Downtown Evansville’s historic district, adjacent to the 1,950-seat Victory Theater and the 10,000-seat Ford Center complex. The American Trust Building is replete with interior and exterior architectural features including: carved limestone façade, copper roof trim, wood and brass doorways, marble wainscoting, vintage gated elevators, high ceilings and more. The property includes an asphalt parking lot with capacity for 64 double parked cars.
This four (4) story building currently has two (2) leased retail spaces on the first floor: 959 SF on Sixth Street and 5,772 SF on Main Street. The first floor also offers a 3,539 SF office with two (2) on-street entry accesses, which is currently leased. The second floor is comprised of two (2) leased suites containing 4,414 SF and 1,947 SF. The third floor is primed for reimagining with 5,000 SF ready to be converted into three to four apartments or several office suites. The fourth floor is occupied by a professional firm possessing an artfully designed 6,025 SF multi-office space with kitchenette and conference rooms. The tenant is open to extending the lease or vacating should a prospective buyer wish to convert the space to residential.
-Beaux Arts architectural style, constructed in 1904
-Basement office and storage
-64-space surface parking lot
-Single and three-phase power supply
-1,600+ AMP power
-Two (2) gated elevators
-Rooftop solar arrays
-Membrane roof replaced within last 5 years
-Marble flooring and wainscoting
-Listed on the National Register of Historic Buildings (82000094)
This four (4) story building currently has two (2) leased retail spaces on the first floor: 959 SF on Sixth Street and 5,772 SF on Main Street. The first floor also offers a 3,539 SF office with two (2) on-street entry accesses, which is currently leased. The second floor is comprised of two (2) leased suites containing 4,414 SF and 1,947 SF. The third floor is primed for reimagining with 5,000 SF ready to be converted into three to four apartments or several office suites. The fourth floor is occupied by a professional firm possessing an artfully designed 6,025 SF multi-office space with kitchenette and conference rooms. The tenant is open to extending the lease or vacating should a prospective buyer wish to convert the space to residential.
-Beaux Arts architectural style, constructed in 1904
-Basement office and storage
-64-space surface parking lot
-Single and three-phase power supply
-1,600+ AMP power
-Two (2) gated elevators
-Rooftop solar arrays
-Membrane roof replaced within last 5 years
-Marble flooring and wainscoting
-Listed on the National Register of Historic Buildings (82000094)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
43,544 SF
Building Class
C
Year Built
1904
Price
$2,683,000
Price Per SF
$62
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.75
Land Acres
0.57 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
64 Spaces (1.15 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,128,100 | |
Land Assessment | $222,500 | Total Assessment | $1,350,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$222,500
Improvements Assessment
$1,128,100
Total Assessment
$1,350,600
1 of 25
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
528 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.