2227 Michigan, Evansville, IN 47712
Overview
| MLS ID: | #202434075 |
|---|---|
| Price: | $ 550,000 |
| Sq Ft: | 52,400 |
| Office SqFt: | 52,400 |
| Lot Size: | 1.09 Acres |
| Year Built: | 1900 |
| Zoning: | |
| Taxes: | $ 21,755 |
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.
MLS ID: 202434075
Details
| Planned Unit Dev | No |
|---|---|
| Auction | No |
| New Construction | No |
| Number of Buildings | 1 |
| Building 1 | |
| Bldg 1 Above Ground SF | 52,400 |
| Bldg 1 Below Ground SF | 24,685 |
| Bldg 1 Stories | 2 |
| Bldg 1 Finished Office SF | 26,200 |
| Lot Dimensions | N/A |
| Approx Lot Size SqFt | 47,480 |
| Approx Lot Size Acres | 1 |
| Ceiling Height | 10 |
|---|---|
| Road Surface | Asphalt |
| Road Access | City |
| Lighted Intersection | Yes |
| Parking | Yes |
| Parking | Lot, Off-Street, Paved, Private |
| Parking Type | Parking Lot |
| # Parking Spaces | 50 |
| Total Restrooms | 16 |
| Interior Height | 10 |
| Ingress/Egress | Asphalt |
| Water Front | No |
|---|
| Currently Leased | No |
|---|---|
| Lease Term Remaining | 0 |
| Sprinkler System | No |
|---|---|
| Signs | Yes |
| Sign Type | Other |
| Fire Doors | Yes |
| Enterprise Zone | No |
| Sale Includes: | Building, Furniture, Lease |
| Heating/Fuel | Forced Air |
| Cooling | Central Air, Other |
| Exterior | Brick |
| Roof Material | Asphalt, Flat |
| Interior Walls | Concrete, Drywall, Other |
| Flooring | Concrete, Other, Tile |
| Water Utility | City |
|---|---|
| Sewer | City |
| Special Features | Handicap Access, Alley, Basement, Drapes, Office Space, Reception Area, Other, Refrigeration/Freezer |
| Annual Taxes | $21,755.00 |
|---|---|
| Assessed Value | $1,313,200.00 |
| Gross Monthly Rent | $5,500.00 |
Map
Listing Office: KELLER WILLIAMS CAPITAL REALTY
Listing Agent: Andros L'Grand
Disclaimer:
Mortgage
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