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516 N Fares Ave, EVANSVILLE, IN 47711

Commercial property for sale

Added: 01/06/2012
Last Update: 04/20/2012
516 N Fares Ave EVANSVILLE, IN 47711 US
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Description

Great investment opportunity !! 5 unit Office Building with all units currently leased. Each unit has own HVAC & Restroom. Great location, close to Hwy 41 & Lloyd Expressway. The owner currently pays taxes, water, sewer, insurance & dumpster fee. Cap Rate of 12.50 is figured on a $89,900.00 sales price and would increase if property purchased for less than asking price. Building price details: $89,900.

Property Details

  • Type: Commercial (Other)
  • Status: Available
  • Year Built: 1949
  • Buildings: 1

Exterior Features

  • Parking: Yes
  • Parking Spaces: 12
  • Parking Type: Surface

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