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670 E Franklin St

9,745 SF Industrial Building Evansville, IN 47711 $279,000 ($29/SF)

Investment Highlights

  • +/- .65 Acre of Potential Parking/Storage
  • Loading Dock with 3 Doors
  • Security System
  • Gated Parking Area with Warehouse
  • Less than 1/2 mile access to SR 66 and US 41

Executive Summary

With easy access to the Lloyd Expressway and US 41, this property is centrally located in Evansville MSA. This mixed-use/light industrial building is situated on .25 acres and the adjacent fenced parking area has an additional .40 acres. The building offers 3 overhead doors, one loading dock, fenced parking, a security system, and 3-phase 240 amp electrical (upgradable to 480). The main building has two floors consisting of +/- 3500 SF of office space.

668-670 E Franklin St
310 N Morton Ave

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes $4,427 $0.45
Operating Expenses $15,850 $1.63

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual $4,427
Annual Per SF $0.45
Operating Expenses
Annual $15,850
Annual Per SF $1.63
Total Expenses
Annual $20,277
Annual Per SF $2.08

Property Facts

Price $279,000
Price Per SF $29
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • FlexLight Distribution
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.72 AC
Rentable Building Area 9,745 SF
No. Stories 1
Year Built 1912
Tenancy Single
Parking Ratio 1.03/1,000 SF
Clear Ceiling Height 13 FT 3 IN
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 1

Amenities

  • Fenced Lot
  • Front Loading
  • Security System
  • Signage
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-20-024-002.013-029
Land Assessment
$21,900 (2023)
Improvements Assessment
$161,600 (2023)
Total Assessment
$183,500 (2023)
Annual Taxes
$4,427 ($0.45/SF)
Tax Year
2022 Payable 2023

zoning

Zoning Code C-4 (Vanderburgh Co Area Planning - https://www.codepublishing.com/IN/Evansville/html/Evansville18/Evansville1880.html#18.80)
C-4 (Vanderburgh Co Area Planning - https://www.codepublishing.com/IN/Evansville/html/Evansville18/Evansville1880.html#18.80)
  • Listing ID: 23886342

  • Date on Market: 8/11/2021

  • Last Updated:

  • Address: 670 E Franklin St, Evansville, IN 47711

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