Commercial Sales & Leasing | Property Management
American Trust Building
524-530 Main Street Evansville, IN 47708
Retail Commercial
| Contact: Richard Clements |
| Building/Unit Size: 45,218 SF |
| Gross Building Area: 45,218 SF |
| Total Land Size: .57 AC or 24,716 SF |
| Sale Price: $2,683,000 |
| Price/SF: $59.33 |
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.
| Real Estate Taxes Annual: $118,065.10 |
| Actual or Proforma Year: Actual |
| Property Use Type: Investment, |
| Property Status: Existing |
| County: Vanderburgh |
| Submarket: Downtown |
| Parcel: 82-06-30-020-033.013-029; 82-06-30-020-039.002-029 |
| Zoning: C-3 |
| Tenancy: Multiple Tenants |
| Total Number of Buildings: 1 |
| Total Stories: 4 |
| Year Built: 1904 |
| Roof Type: Flat |
| Total Parking Spaces: 64 |
| Parking Description: Asphalt lot with capacity for 64 double parked cars |
| Parking Type: Surface |
| Passenger Elevators: 2 |
| Part of Planned Development: No |
| Flood Plain: No |
528 Main Street, Evansville, IN, USA
