Listed by NAI Commercial Services
$250,000
2333 Washington Ave
Details
Property Type Mixed Use
Sub Type Office/ Residential
Square Footage 2,078
Units 2
Cap Rate 10.19%
NOI $25,467
Occupancy 100%
Price per SqFt $120
Buildings 1
Stories 1
Mixed Use | 10.19% CAP | 2,078 SqFt
Marketing description
Excellent investment opportunity featuring a 1,050 SF commercial office unit paired with a well-maintained 1,028 SF 2-bedroom, 1-bath residential apartment. Located in a thriving commercial corridor surrounded by businesses, amenities, and high daily traffic, this property offers strong visibility and versatility for a variety of users. With easy access to the Lloyd Expressway and close proximity to the University of Evansville, the location provides outstanding convenience for tenants, customers, and employees. Ideal for investors seeking dual income streams or an owner-user looking to operate a business while offsetting expenses with residential rental income.
Investment highlights
Solid Investment
100% occupied
Corner location
High traffic
Listing Contacts
Listed by NAI Commercial Services
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,467.00
$2,122.25/mo
Valuation Metrics
0
DSCR
10.19%
Cap Rate
10.19%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
