Shopping Center for Sale

4904-4918 Bellemeade Ave., Evansville, IN

$675,000

Price

4.98%

Cap Rate

$33,635

NOI

Gallery
Street
Map
Overview
Cap Rate
4.98%
NOI
$33,635
Building Size
6,400 sqft
Lot Area
0.56 acres
Occupancy
50%
Units
6
Year Built
1978
Floors
1
Description

This Retail Strip Center located just off the highly traveled South Green River Road in Evansville, IN is a great investment opportunity. The center includes 6 suites and currently has two vacancies providing the opportunity for new long-term tenants.

Major Repairs Completed in the past 5 years include:

2021-New HVAC and Water Heater in Suite 4
2020-Most HVAC's, toilets and mechanics replaced, & asphalt sealing completed
2018-New roof, complete exterior painting and caulking, new gutters/soffits, new lighting
2017-New exterior steel doors.

Strip Center located on Bellemeade Ave just off of Green River Rd

Highlights
  • Retail Strip Center
  • Close to highly traveled Green River Road on Evansville's Eastside
  • One of the main retail thoroughfares serving the City of Evansville
  • Prominent visibility
  • Flourishing local trade area
  • Great Investment Opportunity
Location
Gallery