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29542061
29542063

18-20 Northwest 6th Street, Evansville, IN 47708 For Sale

KF
TN TN 313966
Market Retail Partners
Listed by Market Retail Partners
$875,000
166 days on market
Updated 51 days ago
Opportunity zone

Mixed-Use Value Add Opportunity | Downtown Evansville, IN

Details
Property Type Mixed Use, Retail (+1)
Sub Type Restaurant
Square Footage 8,230
Price per SqFt $106
Year Built 1906
Year Renovated 2021
Buildings 1
Stories 2
Lot Size (SqFt) 0.13
Zoning Commercial
Investment Type Owner/User

Mixed Use | 8,230 SqFt

Marketing description

Opportunity to purchase a highly visible and well-located historic two-story mixed-use building in the heart of Downtown Evansville. This unique asset offers both immediate income with a short-term rental and significant upside with 5,000 square feet of commercial space for an owner-user or investor.

The 1,950 SF second floor has been completely renovated and features a 3-bedroom, 1-bath short-term rental unit operating as The Loft on 6th. The unit has been actively listed on Airbnb for over 7 years, providing an established and proven income stream.

The ±5,000 SF ground floor commercial space is currently in shell condition, offering a blank canvas ideal for an owner-operator or for custom build-out to suit a restaurant, bar, or entertainment concept.

The property also includes a two-story carriage house located at the rear of the building, featuring a ±400 SF second-floor loft space, providing additional flexibility for office, studio, or auxiliary use.

This location is exceptionally well-suited for a restaurant, bar, or live music venue that would benefit from strong event traffic and proximity to the Ford Center and the Victory Theatre. The surrounding synergy with major entertainment venues and downtown attractions creates a rare opportunity to establish a destination concept in Downtown Evansville's Entertainment District.

Owner/Agent.

Qualified inquiries only.

Listing Contacts

KF
TN TN 313966
Market Retail Partners
Listed by Market Retail Partners

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